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.
The leading fashion retailer had the biggest increase in consumer purchase intent of any major brand in the retail sector over the past month, according to data from Kantar BrandDynamics
Next has offloaded land that it acquired in 2021 to consolidate part of its distribution network for £54.1m.
Black Friday doesn’t drive incremental retail sales growth, all it does is disrupt demand patterns and redistribute spend, believes property consultancy Knight Frank’s Stephen Springham
It’s been just over a month since Laura Ashley started a new chapter with the launch of its first standalone store since its collapse into administration in 2020.
Next pointed to improved stock levels and strong marketing performance as the reason sales came in £76m ahead of guidance
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