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October 6, 2021
Data from commercial property agency Knight Frank has revealed that in the three months to 30 September, 15.7 million sq ft of warehouse space was secured
September 29, 2021
Every energy supplier has been told to provide detailed information on its finances to the industry watchdog amid fears of a wave of winter bankruptcies as another three companies went bust in the face of surging power prices.
September 29, 2021
In the six months to July 2021, brand full-price sales were up 8.8% versus pre-pandemic 2019 (and 62% against 2020). Profit before tax was £347m in the
September 29, 2021
ENDERBY (dpa-AFX) - Next Plc (NXT.L) reported that its profit attributable to equity holders of the parent company for the 26 weeks ended July 2021 was 289.6 million pounds or 223.8 pence per share
September 17, 2021
Reiss executive Christos Angelides announced a collaboration with mens sportswear brand Castore, which backed by British tennis great Andy Murray (pictured).
September 16, 2021
Reiss executive Christos Angelides announced a collaboration with mens sportswear brand Castore, which backed by British tennis great Andy Murray (pictured).
August 16, 2021
Marks & Spencer: M&S is to announce six new guest brands, the Daily Mail reports. Men’s and women's wear brands Celtic & Co, Albaray and Fat
April 1, 2021
The British multinational retailer reports £3.28 billion of revenue. Nexts dividend and share repurchase programme remains suspended. Next plc (LON: NXT) said on Thursday that its pre-tax profit posted a significant decline in fiscal 2021 due to the ongoing Coronavirus pandemic that pushed its stores into temporarily shutting down. The company, however, expressed confidence that performance will recover considerably in fiscal 2022. Next plc jumped more than 2% in premarket trading on Thursday....
April 1, 2021
British fashion retailer Next said it will retain stores as long as landlords continue to be pragmatic on the rents they charge. The fashion chain said profits for the last year were slashed by more than half after its stores were shut for large parts of it. However, the group also raised its profit forecast for the current year, as it hailed soaring online sales in the past eight weeks. âAs they have been so far, if landlords continue to be as pragmatic in determining rents going forw...
April 1, 2021
Next’s Lord Wolfson: ‘We don’t want to be a retail conglomerate’ Next CEO Lord Wolfson has likened the retailer to a venture capitalist, as it snapped up a minority stake in Reiss and builds on its Total Platform marketplace. Earlier this month, Next revealed that it will acquire a 25% equity stake in Reiss, valued at around £200m, as part of a new, long-term, strategic partnership. Reiss will transition its online platform, warehouse, distribution and logistics to the Next "Total Pl...