Next
This coverage explores Next’s business strategy, operations, and performance within the UK retail sector. Reporting covers store and online developments, product ranges, financial results, marketing initiatives, supply chain management, and leadership decisions. With a focus on commercial outcomes and competitive positioning, it provides insights for retail professionals overseeing apparel, home, and multi-channel retail operations.
-
Mar- 2025 -27 MarchDepartment Stores
Next raises outlook as FY profits top record £1bn
Next has reported that pre-tax profits have risen by 10.1% to £1bn for the first time in its history, with the group raising its full-year guidance for the coming year amid further strong trading. In the year to January 2025, full price sales rose by 5.8% while total group sales…
Read More » -
27 MarchHigh Street
Campaign urges Next, M&S and JD Sports to pay real living wage
The likes of Axa and Scottish Widows are backing campaign group ShareAction in its effort to make major high street retailers such as Next, M&S and JD Sports increase their staff’s pay in line with a real living wage, The Guardian has reported. News of this initiative comes as there’s…
Read More » -
7 MarchNews-In-Brief
Today’s news in brief-7/3/25
Walgreens Boots Alliance (WBA) has agreed to be acquired by private equity firm Sycamore Partners in a deal worth £23.7bn. The transaction is expected to close in late 2025 and will see WBA become a private company, delisting from Nasdaq.WBA shareholders will receive $11.45 per share in cash, with potential…
Read More » -
7 MarchClothing & Shoes
Zalando sees FY24 revenues surge to €10.6bn
Zalando has reported that its revenues saw a 4.2% increase year-on-year to €10.6bn (£8.9bn) in FY 2024, despite what it called a rather “muted” macroeconomic environment. Driven by its focus on “driving profitable growth”, Zalando’s adjusted EBIT also reached €511m (£428m) in 2024, up from €350m (£293.9m) a year earlier,…
Read More » -
Feb- 2025 -26 FebruaryHigh Street
M&S and John Lewis top list for highest female board representation
M&S and John Lewis are among several retailers who are leading the way for gender equality in boardrooms. According to the FTSE Women Leaders Review report for 2025, women now occupy nearly 43% – or a total of 1,275 – of roles on company boards in the UK. A number…
Read More » -
24 FebruaryNews-In-Brief
Today’s news in brief-24/2/25
Shein, the global online fashion retailer, saw its profits plummet by 40% to $1bn in 2024. The company faced a challenging final quarter and intensified competition from rival Temu. Shein’s declining profitability complicates its efforts to secure regulatory approval for a London listing, with some investors urging a valuation reduction…
Read More » -
24 FebruaryPeople Moves
Eldon Square appoints new centre director
Eldon Square, the shopping and leisure destination in Newcastle, has appointed Helen Cowie as centre director. As the investment programme in Eldon Square continues with several arrivals set to open this year including Next, River Island, Flight Club and Freight Island, it said Cowie will bring over 30 years of…
Read More » -
12 FebruaryNews-In-Brief
Today’s news in brief-12/2/25
Kering, the luxury conglomerate behind Gucci, Yves Saint Laurent, and Bottega Veneta, reported a challenging fiscal 2024, with revenue falling 12% to €17.2 billion (£14.3 billion) and EBITDA plummeting 29% to €4.6 billion (£3.8 billion). Gucci’s 23% sales decline to €7.65 billion (£6.37 billion) significantly impacted the group, alongside a…
Read More » -
12 FebruaryClothing & Shoes
ASA bans Next ad for promoting ‘unrealistic’ body image
The Advertising Standards Agency (ASA) has banned a Next ad for “power stretch denim leggings” which showcased an “unhealthy thin” model in digitally altered clothing. The ASA launched the investigation after a number of complaints about the appearance of the model in an online ad. In its defence, Next argued…
Read More » -
10 FebruarySupply Chain
British retailers search for import solutions amid US tariff chaos
British retailers are looking for ways to navigate recent import changes in the US amid ongoing “chaos and uncertainty” over Trump’s new tariff regime, with some exploring a restructure of their US operations or suspending exports altogether.It comes as the president recently imposed an additional 10% tariff on Chinese-made goods,…
Read More »
