Next Plc

Apparel and textile industry company news

Subscribe via RSSWhat is RSS?

Latest Articles

Next ups FY outlook on summer sales boost Beth Wright | 25 Sep 18

Shares in Next Plc soared this morning (25 September) as the apparel retailer upped its full-year pre-tax profit guidance by GBP10m (US$13.1m) on the back of a better than expected first-half.


Next shares tumble despite Q2 sales rise Beth Wright | 1 Aug 18

Exceptionally warm weather helped buoy sales at Next Plc in the second quarter, but the rise was not enough to spark an increase in the UK fashion and homewares retailer's full-year guidance, sending shares tumbling by more than 6% this morning (1 August).


Next earnings tumble amid difficult clothing market Michelle Russell | 23 Mar 18

UK clothing and homewares retailer Next Plc has seen its annual profits fall by 8% as the company described 2017 as the most challenging year it has faced for 25 years.


Next ups FY profit forecast despite H1 profit fall Hannah Abdulla | 14 Sep 17

Apparel retailer Next Plc has shared an optimistic outlook for future trading that sent shares soaring 9%, despite another fall in half-year sales and profit.


Lipsy to close website and focus on Next online Beth Wright | 11 Sep 17

Women's fashion brand Lipsy, which is owned by retailer Next Plc, is to shut down its website as part of a bid to focus on accelerating the growth of the business and its brands on the Next online portal.


Next shares climb as warm weather drives Q2 sales Beth Wright | 3 Aug 17

Shares in UK fashion and homewares retailer Next were up by more than 7% this morning (3 August), as warmer weather helped drive better than expected trading in the second quarter.


Next shares slide as FY profit outlook cut Michelle Russell | 4 May 17

Shares in UK fashion and homewares retailer Next Plc dropped 6% this morning (4 May) as the company narrowed its full-year profit outlook and revealed a drop in first-quarter sales.


Next books first FY profit fall in eight years Michelle Russell | 23 Mar 17

UK clothing retailer Next Plc has booked its first fall in annual profits in eight years and issued a caution on the year ahead amid the threat of price inflation and a shift away from spend on clothing.


Next sounds warning as Q4 sales slide Michelle Russell | 4 Jan 17

UK fashion retailer Next Plc has sounded a warning for a "challenging" year ahead and a continued slowdown in spending on clothing as it revealed a drop in sales in its fourth-quarter.


Top 20 news stories on just-style in 2016... Michelle Russell | 19 Dec 16

Instead of our regular roundup of the most-read stories on just-style during the week, we thought a fitting end to the year would be to take a look at the top news stories on just-style in 2016. Cutting edge innovations, Africa growth, Brexit, worker safety, key apparel and footwear trends, and minimum wages were just some of the issues that made the headlines.


Next mulls price rises as weak pound hurts sourcing costs Leonie Barrie | 15 Sep 16

British fashion retailer Next Plc has posted a fall in first-half profits and says the pound's weakness since the Brexit vote is likely to increase sourcing costs by up to 5% next year for the first time in six years.


Next warns falling pound could hit sourcing costs Michelle Russell | 3 Aug 16

UK fashion and homewares retailer Next Plc has revealed first-half sales in line with expectations but warned buying costs could rise due to the falling value of the pound since the EU referendum.


Next warns on "tougher environment ahead" Michelle Russell | 24 Mar 16

UK clothing retailer Next Plc has warned on a tougher economic environment ahead, cutting its full-year sales estimate and preparing for a fall in earnings.


Direct sourcing helps M&S narrow the gap with Next Katie Smith | 11 Feb 16

More sourcing directly from suppliers has improved the profitability of Marks & Spencer's general merchandise business, narrowing the gap with Next Plc, according to a report published this week.


Syrian refugee children found in Turkish clothing factories Michelle Russell | 1 Feb 16

Fashion retailers Next Plc and H&M have admitted to finding Syrian refugee children working in their supplier factories in Turkey, prompting calls for other brands to take a closer look at their supply chains to take action to ensure minors are not being exploited.


Analysts upbeat on Next despite "disappointing" Christmas Katie Smith | 5 Jan 16

Analysts are upbeat about Next Plc's fourth-quarter trading, despite the UK fashion retailer posting a "disappointing" Christmas sales performance, weighed down by unusually warm weather.


Next lifts guidance after Q3 sales rise  Katie Smith | 28 Oct 15

UK fashion retailer Next Plc has lifted the lower end of its full-year outlook, after booking sales gains during the third quarter. 


Next says wage inflation to lead to higher prices Katie Smith | 11 Sep 15

UK fashion retailer Next Plc is expecting to increase prices by 6% between 2016 and 2020 to cover the government's new National Living Wage and general wage inflation.


Analysts upbeat after Next lifts FY outlook Katie Smith | 28 Jul 15

Analysts continue to remain upbeat about Next Plc's prospects, after the UK fashion retailer raised its full-year outlook, thanks to better-than-expected first-half sales growth.


Next Q1 sales buoyed by improved conditions Katie Smith | 29 Apr 15

Next Plc's first-quarter performance was buoyed by improved trading conditions, booking sales ahead of analyst expectations thanks to warmer weather and the earlier launch of the UK fashion retailer's summer brochure.


Next Q3 trading update: What the analysts say Michelle Russell | 29 Oct 14

Unseasonably warm weather in October has weighed on sales of autumn merchandise at UK fashion retailer Next Plc. The group missed its third-quarter expectations and this morning (29 October) saw its share price fall 1.63% on the trading update. Analysts have offered mixed views on the results.


Unseasonably warm weather hits Next Q3 Michelle Russell | 29 Oct 14

Unseasonably warm weather in October meant sales for UK fashion retailer Next Plc didn't meet its third-quarter expectations, pushing its share price down in early morning trading.


Cotton Traders eyes expansion as Next sells stake Katie Smith | 27 Oct 14

The founders of British leisurewear brand Cotton Traders are looking to expand into new markets and develop the business's online presence after buying back a 33% stake held by Next Plc.


Next's share price falls on lower Q3 sales growth Katie Smith | 30 Sep 14

UK fashion retailer Next Plc saw its share price fall 4.1% this morning (30 September) after warmer weather led to lower-than-expected third-quarter sales growth.


UK: Clothing and footwear to gain from click & collect growth Katie Smith | 18 Sep 14

Clothing and footwear is expected to take the lion's share of the significant growth expected in 'click & collect' sales in the UK over the next five years.


IN THE MONEY: Improved supplier capabilities benefit Next Katie Smith | 11 Sep 14

After booking a "stellar" first-half performance, UK fashion giant Next Plc has detailed the progress it has made in upgrading the quality and design of its product ranges, new and improved sources of supply and the introduction of premium priced merchandise.


Next H1: What the analysts say Katie Smith | 11 Sep 14

Against an improving economic backdrop, and its strongest first-half sales increase for many years, Next Plc continues to excel. Although analysts have applauded the latest set of results, questions remain over how long the UK apparel retailer can maintain double-digit earnings growth for.


UK: Next posts "stellar" first-half performance Katie Smith | 11 Sep 14

UK fashion apparel retailer Next Plc has booked a double-digit increase in first-half profit, thanks to what it described as its "strongest sales growth for many years".


Analysts applaud Angelides appointment at A&F Leonie Barrie | 13 Jun 14

The hiring of Christos Angelides as president of US retailer Abercrombie & Fitch will bring much-needed fast fashion and global retail experience to the company, analysts say, along with a solid background in sourcing.


UK: Next lifts FY forecast after Q1 sales growth Katie Smith | 30 Apr 14

UK fashion giant Next Plc today (20 April) raised its guidance for full-year sales and profit after booking a strong first-quarter performance - but one analyst suggested its growth is "unlikely to be plain sailing".

1

3

...

11

just-style homepage



Forgot your password?