Next news and archive

Discarded clothes from British brands found in Ghana’s protected wetlands

Discarded garments from the likes of Next, George at Asda, Primark, H&M, Zara and Marks & Spencer have been uncovered in new dumps in the protected wetlands of Ghana, an hour outside the region’s capital city, Accra. According to an investigation by Unearthed and Greenpeace Africa, synthetic fast fashion from the UK and Europe was found in two...

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Quarter of Next shareholders vote in favour of call for wage transparency

Shareholders at Next have revolted against the company over its alleged lack of transparency when it comes to wages. Such a sentiment was shared in the British retailer’s latest Annual General Meeting, during which over 26 percent of shareholders voted for a resolution calling for the disclosure of wage-setting principles and practices. In a...

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Next requests shareholders vote against resolution calling to disclose employee wages

Next has called on its shareholders to vote against a resolution requesting for the British fashion retailer to disclose how it pays employees to address concerns over employee wages. A group of investors is hoping Next will increase its transparency and improve conditions for shop floor workers by revealing how many of its 40,000 staff are paid...

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Next reports ‘better than expected’ Q1 as sales rise 11.4 percent

British retail giant Next has posted “better than expected” results for the first quarter of 2025. In the 13 weeks to April 26, the company reported a 11.4 percent increase in full price sales, when compared to the same period of the year prior. The results were boosted by a 29.6 percent uptick in online international sales, as well as the...

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Next, Marks & Spencer and JD Sports urged to address low wages by NGO

ShareAction, a responsible investment NGO, is co-ordinating with three investor groups to file resolutions at Next, Marks & Spencer and JD Sports. The retail giants are being called on to address allegations of low wages within their staff and to be more transparent in sharing how many of their employees are being paid below a real Living Wage....

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Next boosts profit outlook following robust performance

Next has delivered a strong set of annual results, showcasing its resilience and adaptability in a challenging economic climate. The fashion and homeware retailer has also raised its profit forecast, demonstrating confidence in its operational strategy and market positioning. Specifically, the company has increased its pretax profit guidance by...

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Next plots new office space in London

British retail giant Next has secured a new office space in London which will serve as a complementary addition to its existing headquarters in the city. The space has been let on a five-year term with Great Portland Estates (GPE), and will see Next move in at the end of March. Located at 31 Alfred Place, WC1, in Fitzrovia, the 11,500 square...

Fashion

Next must remove ad featuring 'unhealthily thin' model

British fashion retailer Next must remove one of its advertisements from its website after a complaint about the model. This was announced today by the Advertising Standards Authority (ASA), the independent British regulator for advertising, after an investigation into a complaint. The complainant found that the model looked "unhealthily thin"....

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UK retailers reportedly mull US subsidiaries and halting Chinese imports amid tariff shifts

US president Donald Trump brewed up what could be considered the beginning of a trade war last week when he announced a series of tariffs and impending tariffs on some of the world’s largest markets, including China. From the get-go, Trump has made it clear that the UK and the EU are also being considered in the way of tariffs, leaving many...

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Next raises profit outlook following strong Christmas

British clothing retailer Next reported full price sales increase of 6 percent during the Christmas trading period versus last year. The company said that the performance was due to the timing of the end-of-season sale. Adjusting for the effect of sales, underlying full price sales were up 5.7 percent, compared to the previous guidance of 3.5...

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Reiss increases sales and profit despite "challenging year"

For the year to January 27, 2024, women’s, men’s and children’s fashion brand Reiss reported total sales of 346 million pounds, an increase of 8.1 percent versus the previous year. The company said in a filing that pre-tax profit for the year of 32.1 million pounds was 10.2 percent above the last year. The company added that it managed to...

Retail

Next to move into one of its largest UK stores in Kent

Next is upsizing an existing store at Bluewater, Kent, into a 133,000 square foot location that will become one of the British retailer’s largest stores in the UK. The site, which is currently occupied by House of Fraser, will allow Next to offer an enhanced product range in a “state-of-the-art” space, while further supporting its omnichannel...