Page 30 - Simon Wolfson News Today

It has taken a 44 per cent stake in JoJo, with the remainder bought by asset manager Davidson Kempner. Next did not say how much it paid.

Earlier this week, the embattled Prime Minister was issued with a £50 fine by Londons Metropolitan Police who decided he had broken his own lockdown rules.

This month, 38-year-old Marta Ortega, daughter of Inditex-founder Amancio Ortega, stepped up to become non-executive chairwoman of global fashion giant,

Will Shu (pictured) was handed 27m shares, worth almost £106m at the time of the initial public offering a year ago today, with the firm valued at £7.6bn.

Next boss Simon Wolfson (pictured) said prices in its stores and on its website would rise by 3.7% in the first half of this year and 8% in the second half.

Next will raise its prices again this autumn as the war in Ukraine has added to a “cocktail of uncertainties” headed by consumers…

By Archie Mitchell for The Daily Mail

At the start of Covid, the US Treasury market was in chaos and the Federal Reserve and other central banks led an enormous rescue operation.

Total group sales at Next were up by 11.5% to £4.9bn in the year to 31 January 2022, compared to the same period in 2019/20. Full price sales up 12.8%

Pro-Brexit CEO says UK should ‘reverse barriers’ for overseas workers, as Ukraine war also affects forecast