Next ‘a clear winner’ based on structural growth prospects - broker
Next is a 'clear winner' in the eyes of Liberum brokers, who hailed the omnichannel model as the way forward for retail
Company
Next PLC
LON:NXT
Next plc is a United Kingdom-based retailer offering products in clothing, footwear, accessories and home products
571 stories · page 9 of 29
January's retail winners and losers
January is often an important time for retailers, with a solid Christmas period needed to ensure some don't get left behind
Next full price sales growth ‘comfortably ahead’ of analysts’ forecasts, while outlook 'welcome'
Next's full price sales growth was "comfortably ahead" of forecasts, say Barclays, while its cautious outlook is "welcome"
CBI boss joins calls for relaxed immigration rules
Tony Danker is among those calling for relaxed immigration rules to help tackle vacancies
Brexit-backing boss wants immigration rules relaxed
Simon Wolfson, the chief executive of clothing and homeware retail Next, said the government was blocking much-needed workers from entering the UK, even though firms were desperate for labour.
Next and Frasers: why do they buy 'failing' brands?
Buying smaller brands isn’t something new, with the pair grabbing any opportunity with both hands that may have presented themselves over the decades
Next third quarter sales numbers a "small positive", according to UBS
Shares in the high street retailer rose as it saw third-quarter full-price sales rise 0.4% and kept its full-year pre-tax profit guidance at £840mln
Next holds full-year guidance as sales rise slightly in third quarter
In a brief statement today, the high street retailer forecast full-year pre-tax profits of £840mln, up 2.1% versus last year, with earnings per share of 554.5p, which would be a 4.5% increase on last year
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FTSE finishes in red midweek as markets await Fed rate decision
Britain's blue-chip index finished down around 42 points, or 0.58%, at 7,144
Can Next change the tune after its recent profit warning?
The clothing retailer said last time that full price sales are expected to be 1.5% lower in the second half as the cost-of-living crisis bites
Next should benefit from its multi-channeling offering, says broker
According to the broker, its physical and online presence better positions it compared to a pure online player