FTSE 100-listed Next is the largest clothing retailer by sales in the UK, As well as stores, it has a growing marketplace platform selling brands such as Calvin Klein, Reiss, Fat Face, Joules, Dorothy Perkins, Warehouse and Ralph Lauren. It also launched its Next Total Platform, offering an online, tech and logistics solution that can be licensed by smaller fashion brands to give them an online presence. Retail Week provides news, analysis, features and opinion about Next and the fashion sector.
Some retailers are facing increases of hundreds of thousands of pounds in their business rates on certain properties, while Harrods’ bill is set to fall by over £1m
High street chain Next is in talks with advisers at Russell & Bromley about striking a potential deal.
The leading fashion retailer had the biggest increase in consumer purchase intent of any major brand in the retail sector over the past month, according to data from Kantar BrandDynamics
Next has offloaded land that it acquired in 2021 to consolidate part of its distribution network for £54.1m.
Black Friday doesn’t drive incremental retail sales growth, all it does is disrupt demand patterns and redistribute spend, believes property consultancy Knight Frank’s Stephen Springham
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