All Next articles – Page 10
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AnalysisDebenhams closures: What’s happening to all the stores?
The closure of Debenhams stores has left empty spaces in prime locations on British high streets – what will replace the department stores?
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AnalysisGeneration M: Catering to the young fashion-conscious Muslim consumer
The modest fashion market is growing but mainstream retailers are yet to really take note. Retail Week explores how to cater to the Muslim consumer without being tokenistic
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Retail Navigator Analysis
Next (Overview)
Next is one of the UK’s largest fashion and home retailers, with almost 460 UK stores and annual sales edging towards the £5.5bn mark for the year to end January 2024 (FY2023). Its well-established omnichannel model and enviable ecosystem allow it to react with agility to changing customer demands, while bold investment in both its stores and online operations is paying off as it caters to consumers’ increasingly channel-agnostic shopping habits.
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Retail Navigator AnalysisNext (SWOT)
The group has benefited from the integration of its Retail and Online operations to reduce costs and enhance service through in-store collection and returns as part of a single, integrated service.
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Retail Navigator AnalysisNext (People)
Next has one of the most stable senior teams in UK retailing and has been led by Lord Simon Wolfson as chief executive since 2001.
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AnalysisAnalysis: What Next’s growth trajectory means for fashion retail
As Next continues to surpass even its own expectations despite the impacts of the pandemic, what does its trajectory mean for the rest of fashion retail?
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NewsNext raises full-year profit guidance after strong first quarter
Fashion giant Next has upgraded its full-year profit guidance following a much stronger than expected performance in the first quarter.
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AnalysisDeep dive: Understanding your new target shoppers – their favourite stores revealed
Where and how will the post-pandemic consumer want to shop? Retail Week unpacks the data.
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GalleryIn pictures: Laura Ashley relaunches as shop-in-shop in Next
Laura Ashley has relaunched its homewares department in partnership with Next, unveiling a shop-in-shop concept this week.
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AnalysisLife after Covid: John Lewis, Asda and Ikea on retail’s post-pandemic priorities
From a renewed focus on price to a more flexible workforce and changing approaches to online, stores and supply chain, Retail Week looks at what’s top of the to-do list for retailers.
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GalleryIn pictures: Primark, JD Sports and John Lewis lure back shoppers for reopening
As non-essential retail reopens its doors in England on April 12, Retail Week visits key shopping locations to gauge retail offers and shopper appetite.
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NewsHomebase strikes Next shop-in-shop deal as buyers circle
Homebase will open garden centres inside six Next stores from today to coincide with retail’s reopening.
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NewsJohn Lewis boss Wicks lays down gauntlet to M&S and Next with Anyday launch
John Lewis boss Pippa Wicks believes the retailer can wrestle sales from high street rivals Marks & Spencer and Next through the launch of its new entry-level brand Anyday.
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AnalysisAnalysis: How Next’s Total Platform is ‘following the money’ online
Bellwether retailer Next unveiled its full-year results today, confirming that online is doing better than ever and providing more information on its latest etail venture.
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NewsNext raises 2022 forecast despite slump in profits during pandemic
Next has raised its profit guidance for the 2021/22 financial year despite a slump in earnings during the coronavirus crisis.
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AnalysisFootprint calculator and sustainable labelling: what Textiles 2030 means for fashion
The UK government has unveiled several initiatives in a bid to tackle the environmental issues surrounding the fashion industry and support a sustainable future – but what will it mean for retailers?
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Opinion
‘New partnerships such as Next and Reiss are shaping retail’s future’
Agility and partnerships go hand in hand with brand relevance and evolution. So do innovation and investment.
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NewsMarks & Spencer reveals line-up for ‘Brands at M&S’ online fashion push
Marks & Spencer has unveiled an array of third-party fashion brands that will be sold through its website to accelerate online appeal.
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NewsNext takes stake in Reiss in new strategic partnership
Next and Reiss have agreed on a long-term strategic partnership whereby Next will take a 25% equity stake in the fashion brand.
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AnalysisSuper-deduction: what it is and the retailers that could benefit
As part of the Budget last week, chancellor Rishi Sunak unveiled a ’super-deduction’ allowance to provide relief for certain businesses – but what does it mean for retail?
