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.
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Jan- 2025 -8 JanuaryHigh Street
Seasalt Cornwall sales jump by 10% over Xmas season
Seasalt Cornwall has reported that total sales rose by 10% across its website, physical stores, marketplace partners and wholesale channels during the five-week period to 28 December 2024 compared with the same period last year. According to the clothing retailer, every one of its trading channels has set new records…
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8 JanuaryHigh Street
Mamas and Papas to open more stores after ‘record’ festive sales
High street nursery brand, Mamas and Papas, has seen its sales across stores, online and wholesale channels rise by a “record” 5% over the 13-week period to 29 December, driven by a strong performance from the retailer’s UK and overseas markets. Retail sales were up by 8% in the overall…
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7 JanuaryNews-In-Brief
Today’s news in brief-7/1/25
Quiz has announced plans to delist from the London Stock Exchange, citing regulatory costs and financial pressures. The move requires a 75% shareholder majority, with founder Tarak Ramzan and key investors supporting the decision. Quiz reported a £4.7m pre-tax loss in the six months to 30 September, driven by inflationary…
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7 JanuaryComment
Strategic market entry: when to follow and when to challenge
The decision of how to enter a new market represents one of the most critical strategic choices a retailer can make. While conventional wisdom often suggests avoiding direct competition with established market leaders, the reality is more nuanced. Success depends on carefully analysing market conditions and choosing an approach that…
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7 JanuaryClothing & Shoes
Next raises profit guidance as festive sales beat expectations
Next has revealed that it has raised its full-year pre-tax profit guidance by £5m up to £1.01bn after a better than expected quarter. In this quarter, full price sales rose 6% in the nine weeks to 28 December, beating the previous guidance for the fourth quarter of 3.5%. It stated…
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Dec- 2024 -5 DecemberComment
Why retailers should be making data-driven decisions
In a retail landscape increasingly dominated by e-commerce and consumer-driven expectations, Stefan Loncar, founder and CEO of Loncom Consulting, is on a mission to transform how retailers use data. From inventory management to leveraging AI, Loncar’s insights and expertise have helped retailers across the globe improve their operations, predict trends,…
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Nov- 2024 -26 NovemberClothing & Shoes
Next triples presence at Bluewater with new upsized store
Next is growing its presence at Bluewater Kent by tripling its footprint at the shopping centre. The retailer will relocate into one of its largest stores in the UK as brands increasingly look to invest in the best locations. Next is upsizing from its existing 44,600 sq ft store into…
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26 NovemberClothing & Shoes
Sosandar HY losses narrow
Sosandar has revealed that its losses have narrowed to £0.7m, down from £1.3m, for the half year ended 30 September 2024. The brand put this positive swing down to margin enhancement and continued careful cost management. However, the company’s revenues fell to £16.2m, down from £22.2m, as the group continued…
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19 NovemberEconomy
Retailers warn National Insurance increase could cause job losses
A number of large retailers have warned that the National Insurance increase could cause inflation and job losses, in a letter sent to chancellor Rachel Reeves. Over 70 businesses including Tesco, Sainsbury’s, Next, Amazon, and Boots have written to Reeves, in a letter organised by the British Retail Consortium. The…
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7 NovemberNews-In-Brief
Today’s news in brief
Asda announced plans to cut 475 head office roles and reduce hybrid work arrangements, requiring staff to be in the office at least three days per week from January 2025. This decision is part of a turnaround strategy aimed at streamlining the company’s structure amidst challenging market conditions. The layoffs,…
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