Billion, schmillion? Why Next’s Lord Wolfson is looking beyond landmark profit
As Next joins retail’s billion pound profit club, Lord Wolfson explains why he’s not hung up about the big number, why he is opening a new space for the first time in years, and the changing shape of the business
Some retailers would crow from the rooftops if they managed to notch up earnings of £1bn – it’s a figure only ever achieved by a select few. However, Lord Wolfson refused to attach what he sees as undue importance to the number.
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