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FTSE 100-listed Next is one of the largest clothing retailers in the UK. Founded as a tailoring business in 1864 in Leeds under the name Joseph Hepworth and Son, the retailer expanded rapidly in its formative years and had opened more than 100 stores by the time it celebrated its 20th birthday. In 1963, the company purchased Savile Row designer Hardy Aimes and, in 1981, under the chairmanship of Terence Conran, it acquired womenswear retailer Kendall, which was rebranded as Next.