Next raises outlook as Q1 sales benefit from warm weather, M&S challenges
Next had previously forecast a 6.5% rise in sales for Q1 but appears to have benefited from the warm weather…
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All eyes on mass, prestige fashion in 2025 as luxury market wanes
McKinsey & Co's 'The State of Luxury Fashion' report suggests macroeconomic headwinds, shifting customer preferences and a deteriorating value proposition…
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Next warns of 2025 price hike with other retailers ‘likely to follow suit’
Next reported full price sales up 6.0% in the nine weeks to 28 December, which it attributed partially to the…
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Fashion brand rejects Myanmar labour rights violation allegations
IndustriALL Global Union and banned Myanmar unions CTUM and IWFM filed complaints to the Organisation for Economic Co-operation and Development…
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Robust online proposition, cold weather drives Next Q3 sales
GlobalData's lead retail analyst, Emily Salter attributes Next's strong Q3 FY2024/25 sales primarily on the success of its online platform.…
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Fashion brands urged to end mass Bangladesh garment worker arrests
The Clean Clothes Campaign has launched a new tool to reveal the fashion brands it deems as being linked to…
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Explainer: Will equal pay pressures fuel automation in retail supply chains?
Next Plc lost a six-year-long legal battle over equal pay last week and is now required to fork out £30m…
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Explainer: Does fashion have to choose between profit and sustainability?
Does the fashion industry need to choose between making a profit and becoming more sustainable? At responsible fashion sourcing trade…
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Next ups outlook as third party brands, overseas deliver strong Q2
Next Plc (Next) full price sales increased 3.2% in the 13 weeks to 27 July (Q2) compared to the same…
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Week in review: Bleak end to 2024 for global fashion retailers
When sportswear giant Nike says it is concerned about the challenges that lie ahead for the remainder of 2024, it's…
