All Next articles – Page 5
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NewsFashion retailers face mounting stock piles as supply chain snarl-ups ease
Fashion retailers are grappling with mounting piles of unsold stock as improving supplier delivery times and weakening consumer demand impact inventory levels.
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NewsMade.com stock to be auctioned off in bid to recover cash for creditors
Made.com’s administrators have appointed auctioneers to help sell off its remaining stock.
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AnalysisMade.com: What should Next do to make its new acquisition thrive?
Making new acquisition Made.com a success will not be without its challenges for Next, but it starts from a strong financial and strategic position
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AnalysisStrategy spotlight: Five reasons Next will win during times of economic crisis
As the UK economy continues to destabilise, will Next’s enviable ecosystem and willingness to invest be enough to steer it unscathed through the volatility?
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NewsNext boss Wolfson calls for more overseas workers to be allowed into UK
Next chief executive Lord Wolfson has urged the government to allow in more workers from abroad to fill UK job vacancies.
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NewsNext to buy Made.com out of administration
Next has struck a deal to rescue embattled homewares etailer Made.com from administration.
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Opinion'Difficult trading conditions offer a good opportunity to accelerate renewal'
While many retailers will approach uncertain conditions by looking to reduce costs and scale back, arbitrarily cutting investment is not a long-term approach, believes Lisa Hooker
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NewsNext sales inch up boosted by colder weather
Next’s full price sales grew slightly in the third quarter.
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Opinion'Welcome to Web -1.0, where pureplays struggle and stores are stars'
Never mind the metaverse and Web 3.0 – as ecommerce players fall on tougher times, retailers must focus on creating genuinely multichannel models, writes Retail Week executive editor George MacDonald
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AnalysisAnalysis: Next boss Wolfson on the cost-of-living crisis, sterling and trading
Fashion giant Next cut full-year expectations when it posted interim results today, flagging uncertain trading conditions as retailers confront a host of issues ranging from the soaring cost of living through to political and economic volatility.
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NewsNext downgrades profit guidance as Wolfson prepares for long-term instability
Next has revised down its full-year profit and sales guidance despite a better-than-expected first half as Lord Wolfson prepares the business for an extended period of financial uncertainty.
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AnalysisAnalysis: Life after Debenhams – how beauty brands defied the department store downturn
Dwindling department store numbers across the UK could have been a death knell to the beauty sector’s fortunes, but new entrants and changing consumer habits have driven the sector’s performance
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NewsNext pulls out of Joules takeover talks as founder Tom Joule returns
Joules has confirmed that discussions with Next to take an equity stake in its business have come to an end.
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NewsNext investment in Joules in doubt following profit warning
A potential investment by Next in embattled fashion retailer Joules may not go ahead in the wake of the latter’s most recent profit warning
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NewsFlannels and Sports Direct secure Next Beauty & Home store for new flagship
Frasers Group has swooped on the Next Beauty & Home store in the Metrocentre in Gateshead as the site for a new two-in-one North East flagship.
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NewsNext in talks to take £15m minority stake in Joules
Joules has confirmed that it is in discussions with Next over a potential equity investment.
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Opinion'Shopify got its online gamble wrong – now the pureplays must spread their bets'
Ecommerce giant Shopify’s decision last month to axe 10% of its workforce turned received retail wisdom firmly on its head.
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AnalysisRetail’s new normal? What Next results say about stores, online and returns
As Next upgrades its profit outlook for the year following a strong second quarter, Retail Week explores the retailer’s data, which may paint the fullest picture yet of what the post-pandemic ‘new normal’ actually looks like.
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NewsNext upgrades profit forecast as pandemic shopping behaviours unwind
Next has again upgraded its full-year profit forecast after reporting a reversal of customer trends in the first half of the year.
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NewsNext underpaid staff for months after IT problems
Next has apologised to staff after the botched integration of new IT systems caused swathes of its workforce to be underpaid for months.