Tag : Next
Warm weather drives full-price sales at Next Subscription
Full-price sales at Next “overperformed” in the thirteen weeks to 27 April as the UK basked in warm weather over the Easter holiday.
Over the past two years and nine months, since the UK voted to leave the European Union, the fashion industry has been doing what it can to prepare for an unknown future.
Next chief executive Lord Wolfson has said the high street does have a future as its online business grows, but only if property costs enable the viability of stores.
Sales hold steady at NextSubscription
Full price sales at high street giant Next grew by 3.1% to £4.2bn for the year to 26 January 2019, with falling retail sales offset by a buoyant year for ecommerce.
Next has launched its first collection designed by television presenter Emma Willis.
Bangladeshi manufacturers lay off thousandsSubscription
Three Bangladeshi garment manufacturers that supply brands such as H&M and Next have laid off thousands of workers amid ongoing wage protests.
Dame Dianne Thompson takes on new role Subscription
Next non-executive director Dame Dianne Thompson has been appointed as non-executive director and chairman of the board of interior furnishings group Walker Greenbank.
As high street store sales decline, brands are turning to online concessions to get their product in front of consumers
Christmas reprieve for M&S and DebenhamsSubscription
Marks & Spencer and Debenhams are reportedly set to announce small drops in sales over the Christmas period this week, but have avoided having to issue profit warnings, thanks to a last-minute surge in festive spending.
Next lowers profit guidance despite Christmas boost Subscription
High street giant Next has dropped its full-year profit guidance for the year by 0.6%, despite a rise in full-price sales of 1.5% over the Christmas period.