Cost pressures see Next close Sri Lanka garment manufacturing plant
The Joint Apparel Association Forum (JAAF) said concerns mount for the affected employees at the Next Katunayake plant in Sri…
Next Plc
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Next raises earnings guidance following 10.1% FY profit surge
Post-tax profits also saw an increase of 8.5%, reaching £761m up from £702m the year before said Next. The company…
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Next H1 revenues soar on international growth, third party sales
Emily Salter, lead retail analyst at GlobalData, credits the rise in Next's group sales to its strong international performance, with…
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Global fashion brand winners and losers in 2023
Fashion companies during 2023 were hungry for growth and looked to realise those ambitions predominantly through aggressive acquisition sprees, ramping…
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ETI clears Next in Türkiye supplier dispute, advises ‘good will gesture’
Independent body the Ethical Trade Initiative (ETI) has concluded the workers at Türkiye supplier Neo Trend were "treated poorly", however…
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Signal: Unseasonable weather impacts European apparel brand results
Fast fashion brands have been defying the traditional four fashion seasons for decades, as products make their way to consumers…
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Leicester garment workers urge Next, M&S to explore UK manufacturing
A lot of conversations have started on the back of the Labour Behind the Label rally on 1 October but…
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Next raises FY forecast after strong Q3 Autumn sales, despite warm weather
Next says sales growth in Q3 2023 had been variable, which it attributed to changing weather conditions in the UK,…
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Next to acquire FatFace in £115.2m deal
Following rumours earlier this week Next has confirmed it is purchasing FatFace with the consideration being settled partly in cash…
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Signal: Next’s FatFace acquisition would be a win-win
While Next Plc, FatFace and Rothschild, all declined to comment on speculation they were in talks over a potential deal,…
