Following today’s release of Next’s figures for Q1 FY2022/23; Emily Salter, senior apparel analyst at GlobalData, a leading data and analytics company, offers her view: “Next has had a good start to its FY2022/23, with total full-price sales rising 21.3%
UK fashion and home retailer NEXT has signed a new 10-year lease with Trafford Centre to create a large, new store, expected to open in November 2022. The new store will significantly upsize the brand’s presence in the centre, bringing
Next and Boohoo’s decision to launch their own health & beauty ranges is a wise investment as the UK online health & beauty market is forecast to flourish, growing at a compound annual growth rate (CAGR) of 10.4% between 2019
Following today’s release of Next’s figures for the 8 weeks to 25 December 2021; Emily Salter, senior rretail analyst at GlobalData, a leading data and analytics company, offers her view: “Next has been an outperformer in retail throughout the pandemic,
Next has uncovered what the perfect Christmas looks like - from the amount to spend on in-laws right through to the number of Brussels sprouts to have on your dinner
Commenting on Next's trading update, Richard Lim, CEO, Retail Economics, said: “The strength of its digital capabilities and online platform has underpinned another set of hugely impressive results. The business continues to be driven forward by a best-in-class online proposition,
Following today’s release of Next’s figures for H1 FY2021/22; Georgina Sreeves, retail analyst at GlobalData, a leading data and analytics company, offers her view: “Despite the third national lockdown and supply chain challenges, Next’s sales grew 8.4% and profit before
Peter Williams, founder of the iconic Jack Wills and Aubin & Wills brands, relaunches iconic Aubin brand and unveils the details of a pioneering new hybrid business model for a post-covid world.
DCK Group, the leading independent global fashion jewellery business, is thrilled to announce the launch of the AELA brand in a new partnership with Next. Designed and developed by DCK Group, the initial bespoke 80-piece range is available through Next’s
Following today’s release of Next figures for the 13 weeks ending 1 May 2021, Jonathan Rock, associate retail analyst at GlobalData, a leading data and analytics company, offers his view: “Next outperformed its Q1 sales forecast by £75m, driven by
Home and garden experts Homebase is set to bring the best of its gardening products and green-fingered expertise to a selection of Next stores. This is part of a trial across the country between the two well-loved British brands.
Following today’s release of Next figures for FY2020/21; Amy Higginbotham, Retail Analyst at GlobalData, a leading data and analytics company, offers her view: “Next has taken a logical and pragmatic approach to COVID-19, and has been much more transparent about
Gordon Brothers, the global advisory, restructuring and investment firm and owner of the British heritage brand Laura Ashley®, announced the iconic home and lifestyle brand launched its spring 2021 collection online and in select NEXT plc stores. The collection features
NEXT and Reiss have today announced a long-term, strategic partnership whereby NEXT will acquire a 25% equity stake in Reiss, enabling both parties to leverage their respective strengths to generate strong future growth at a valuation of c.£200m
National retailer Next and luxury men's brand Byford have joined the US Cotton Trust Protocol.
Commenting on Next's trading update, Richard Lim, CEO, Retail Economics said: “Next continued to defy expectations against a hugely challenging backdrop of pre-Christmas lockdowns. It was able to leverage its slick online channel during this vital trading period and offer
High street stalwart Next is partnering with Olympic athlete and gold medallist Denise Lewis OBE to release the first ever Denise Lewis Edit for Spring 2021 – a functional and stylish range of activewear essentials engineered for ‘the gym of life’.
Following today’s release of Next Q3 figures for FY2020/21, Emily Stella, lead analyst at GlobalData, a leading data and analytics company, comments: ‘‘Consumer demand is currently anything but constant, and Next’s weekly sales over this quarter reflect that. The retailer’s
Following today’s release of Next H1 figures for 2020/21, Emily Salter, retail analyst at GlobalData, a leading data and analytics company, comments: ‘‘Though a sobering set of results that illustrate the decimated demand for clothing & footwear due to COVID-19,
Global Mutual, the specialist real estate co-investor and asset manager, has signed 26,500sq ft across its Affinity Outlets portfolio. Next Outlet is set to open at Staffordshire and Devon, while Next Home is set to open in Lancashire, in addition
Following today’s release of Next Q1 figures for 2020/21, Sofie Willmott, lead retail analyst at GlobalData, a leading data and analytics company, comments: ‘‘Since it initially updated on its full year outlook in mid-March, Next’s worst case scenario has gone
After closing its online operations on 26 March, Next yesterday reopened its e-commerce site selling childrenswear and small homewares only and restricting the numbers of orders it will accept each day.
Commenting on Next's announcement to temporarily shut down online operations, Richard Lim, CEO, Retail Economics said: “The decision to effectively shut down the website shows staff shortages are playing havoc with keeping the business operational. Online was the only channel
Following today’s release of Next FY figures for 2019/20, Sofie Willmott, lead retail analyst at GlobalData, a leading data and analytics company, comments: ‘‘Informative and detailed as always, Next’s full year results showed a robust performance in FY19/20 but more
Following today’s release of Next Christmas trading figures for FY2019/20, Emily Salter, retail analyst at GlobalData, a leading data and analytics company, comments: ‘‘UK retail bellwether Next has reported strong revenue growth over the key Christmas trading period after a
