FTSE 100-listed Next is the largest clothing retailer by sales in the UK, As well as stores, it has a growing marketplace platform selling brands such as Calvin Klein, Reiss, Fat Face, Joules, Dorothy Perkins, Warehouse and Ralph Lauren. It also launched its Next Total Platform, offering an online, tech and logistics solution that can be licensed by smaller fashion brands to give them an online presence. Retail Week provides news, analysis, features and opinion about Next and the fashion sector.
FatFace has expanded its partnership with European ecommerce platform Zalando to launch in an additional 20 markets.
The ongoing conflict in the Middle East is creating turbulence across the fashion industry, with Next warning the troubles would cost the business three times more than what it had previously estimated.
Fashion giant Next has said it will implement “moderate” price increases in some international territories and pair them with “operational cost savings”.
Next boss Simon Wolfson took home his highest-ever pay package last year, and it could spike again following plans to increase his salary and bonuses.
Fashion giant Next is weighing up a takeover of British handbag brand Radley, just months after it snapped up struggling footwear chain Russell & Bromley.
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