Next news and archive

Three giants, three strategies: Evolving retail strategies among the UK’s top players

While many may have spent the summer relaxing, the UK’s leading fashion groups used the period to evolve their strategies, focusing on efficiency, growth and digital transformation. Here is an intricate look at how Frasers Group, Next and Debenhams Group spent the holidays. Frasers Group: Elevation and efficiency Frasers Group, the parent...

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FatFace expands into Germany via Zalando

FatFace has entered the German market through a new partnership with e-commerce platform Zalando. The launch reflects the British brand’s ongoing strategy to build up its international multichannel offering. FatFace’s womenswear and menswear collections will now be available to shop on Zalando’s German site, alongside its premium womenswear...

Retail

Next opens first India store in Pune, with Myntra partnership

The British fashion and lifestyle retailer Next has opened its first store in India at The Pavilion Mall in Pune. This launch marks the beginning of its partnership with the e-commerce company Myntra. The strategy involves opening flagship stores while simultaneously strengthening Next's presence on Myntra's digital platform. In a statement...

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Next rescues Seraphine from administration, upgrades full year profit guidance

Next is continuing its acquisition spree. The British retail giant has bought maternity brand Seraphine out of administration and, as a result, 95 employees have been made redundant. The deal, valued at 600,000 pounds, includes certain assets of the Seraphine business, including the brand and intellectual property. Next said it intends to “...

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Next and Frasers said to be in running for Seraphine rescue deal

Following Seraphine’s descent into administration last week, speculation over potential saviours are beginning to swirl. Among them, British retail giants Next and Frasers Group are said to be frontrunners in potential deals to rescue the maternity wear brand. According to sources for Drapers, dubbed “several industry veterans”, the two firms...

Retail

Next opens first store with FatFace concession

Next is doubling down on its “one-stop shop” concept with the opening of a new flagship store housing its first-ever FatFace concession. Located at Lakeside Shopping Centre, the 83,000 square foot store offers all key departments, from womenswear to home, as well as dedicated spaces for Bath & Body works and Costa Coffee. Its additional...

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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...