All Next articles – Page 10
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AnalysisEight reasons why Next boss Wolfson is feeling optimistic
Despite the troubles plaguing the fashion sector during the coronavirus pandemic, Next boss Lord Wolfson remains surprisingly upbeat about the future of the business. Retail Week finds out why.
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NewsNext resilience through pandemic prompts profits optimism
Fashion giant Next has increased its full-year profit guidance as it navigates the disruption caused by the Covid pandemic.
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NewsNext seals deal for Victoria’s Secret UK business
Next has reportedly sealed a deal to snap up a majority stake in Victoria’s Secret’s struggling UK business.
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NewsNext to open beauty stores in former Intu Debenhams branches
Fashion giant Next has signed deals with retail property group Intu to open new-concept beauty halls.
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AnalysisThe economics of ecommerce: Counting the costs of trading online
As countries went into lockdown when the Covid-19 pandemic hit, ecommerce was the sole channel still open to retailers of products deemed non-essential.
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NewsBoohoo factory scandal: Call for evidence as retailers seek solutions
The barrister running an independent review into Boohoo’s Leicester supply chain, Alison Levitt QC, has made a public call for evidence.
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Opinion‘Don’t believe all the online hype – Next and Majestic show value of stores’
Amid a slew of strategic shifts focused on online growth and store closures, it was refreshing to have some timely reminders of the power of bricks and mortar this week.
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AnalysisFour must-see graphs from Next reveal lockdown trading pattern
Fashion giant Next’s latest update showed “a much better position than anticipated three months ago”. These graphs eloquently tell the story of how performance has played out and the impact of store reopenings.
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NewsNext quarterly sales drop ‘better than expected’
Next has suffered a drop in full-price sales during its second quarter, as the business struggles to tempt shoppers back to stores.
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NewsNext fends off M&S to close in on Victoria’s Secret deal
Fashion giant Next has agreed an outline deal to snap up the Victoria’s Secret business in the UK.
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NewsBoohoo launches independent review into supply chain following slavery allegations
Boohoo has launched an independent review into its UK supply chain and committed to invest £10m to “eradicate supply chain malpractice” as pressure over modern-day slavery allegations mounts.
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AnalysisAnalysis: Lessons from Leicester on how retail should prepare for local lockdowns
With the prospect of more local lockdowns on the cards, Retail Week explores how retailers can manage and plan for an uncertain future.
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NewsM&S and Next eye Victoria’s Secret UK arm
High street stalwarts Marks & Spencer and Next are understood to be mulling bids for beleaguered lingerie brand Victoria’s Secret’s UK division.
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NewsIn pictures: Primark and Sports Direct drive footfall as non-essential retail reopens
Retail destinations across England saw footfall numbers soar on the day that non-essential retailers were allowed to reopen stores, with queues forming for the likes of Primark, H&M and Zara.
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NewsSosandar pens deals with Next and John Lewis as sales surge during lockdown
Sosandar will start selling its clothing through the John Lewis and Next websites as it seeks to build on surging sales during the first two months of its financial year.
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NewsFrasers boss blames Cummings effect for store reopening delay
Frasers Group finance chief Chris Wootton has blamed the controversy engulfing Boris Johnson’s advisor Dominic Cummings for later than expected store reopenings which he said will “finish off” some retailers.
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OpinionOpinion: Morrisons, Next and Pret show even the best must adapt to coronavirus
“Adapt or die” was already a well-worn mantra in the world of retail, but it has perhaps never been as relevant as it is during present times.
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AnalysisAnalysis: Can Next become a force to be reckoned with in beauty retail?
Hours after Debenhams confirmed that it would exit its five store across Hammerson-owned shopping centres, Next unveiled details of an unikely swoop.
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NewsNext swoops on Debenhams sites for new beauty store format
Next has snapped up five stores across Hammerson’s estate which Debenhams is exiting for the launch of a new beauty store concept.
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AnalysisWarehouses at war: Has Covid-19 transported industrial relations to the 1970s?
When Britain went into lockdown at the end of March and the shutters were drawn down on almost all shops, many retailers were left reliant on a single trading lifeline – their online operations.