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Next said that over the 13 weeks to April its store sales were up 285% - most of its stores were shut for most of the quarter last year

Next keeps guidance after quarterly sales rise

Clothing retailer Next has today kept its guidance for the full year after reporting a rise in sales in its latest quarter, providing reassurance that cash-strapped consumers are still shopping.

Business • 05 May 22

Next made a pretax profit of £823m in the year to January 2022 - in line with its guidance

Next trims guidance on overseas outlook

Clothing retailer Next has reported a 10% rise in annual profit versus 2019-20 but has trimmed its sales and profit guidance for its new year with an improved outlook for the UK offset by a deteriorating picture overseas.

Business • 24 Mar 22

Next has forecast a full-year 2021-22 pretax profit of £822m, up from the £800m previously guided

Next raises profit guidance for fifth time in 10 months

Clothing retailer Next has today beaten guidance for sales in the run-up to Christmas and raised its full-year profit outlook for a fifth time in ten months.

Business • 06 Jan 22

Next said that its third quarter online sales rose 40%, while store sales were down 6.1%

Next's online strength drives 17% sales rise in Q3

British clothing retailer Next has beaten guidance with a 17% rise in third quarter full-price sales compared to 2019, before the pandemic disrupted trading.

Business • 03 Nov 21

Next has warned it may struggle to deliver its normal service in the run up to Christmas unless the UK government relaxes post-Brexit immigration rules

Next urges immigration rule changes to save Christmas

Next has warned today that it may struggle to deliver its normal service in the run up to Christmas unless the British government relaxes post-Brexit immigration rules to allow more workers into the country.

Business • 29 Sep 21

Gap closed all its stores in the UK and Ireland earlier this year

Next to operate Gap brand in Ireland and the UK

Clothing retailer Next has struck a deal with Gap, to run the US brand's business in the UK and Ireland, bolstering its market reach after showing its resilience during the Covid-19 pandemic.

Business • 17 Sep 21

Next has reported a rise of 19% in full price sales in the last 11 weeks compared with two years ago

Next beats sales forecast, upgrades profit guidance

Fashion retailer Next said it had soundly beaten its expectations for full price sales, with a rise of 19% in the last 11 weeks compared with two years ago.

Business • 21 Jul 21

Next has today reported better than expected first quarter trading

Next raises profit outlook for second time in 2 months

Next has raised its full-year profit guidance for the second time in two months as it reported better than expected first-quarter trading, but it cautioned that it did not expect a post-lockdown surge in sales to endure.

Business • 06 May 21

It comes as Covid-19 lockdowns closed its stores.

Next's profit halves after pandemic shuts stores

British retail giant Next has reported a halving in annual pretax profit to £342 million pounds last year.

Business • 01 Apr 21

Next is to buy a 25% stake in upmarket smaller rival Reiss

Retailer Next buys 25% stake in rival Reiss

Clothing retailer Next said today it has agreed to buy a 25% stake in upmarket smaller rival Reiss and has an option to take its holding to 51%.

Business • 10 Mar 21

The Arcadia group, which employs around 13,000 people and 444 UK stores, collapsed into administration in December

Next consortium in the frame as Arcadia bids come in

Retailer giant Next is among a host of retail giants aiming to take control of Arcadia as the deadline approaches to snap up the troubled Topshop owner.

Business • 18 Jan 21

Next is now forecasting a full-year pretax profit of £342m

Next shares surge as online sales limit pandemic pain

Fashion retailer Next soundly beat its forecast for Christmas sales despite Covid-19 lockdowns hitting store sales in November and the final shopping days of December, resulting in another upgrade to underlying profit guidance.

Business • 05 Jan 21

Next is in talks with US investment firm Davidson Kempner Capital Management for a joint bid to gain control of Arcadia, reports say

Next, US investor in talks on bid for Arcadia - report

Fashion retailer Next is in talks with American investment firm Davidson Kempner Capital Management for a joint bid to gain control of Arcadia fashion group, which collapsed into administration last month, Sky News reported today.

Business • 18 Dec 20

Next said its full-price sales rose 2.8% in the 13 weeks to October 24, its fiscal third quarter

Next raises profit forecast again after strong Q3 sales

Fashion retailer Next has upgraded its full-year profit guidance for the third time in as many months after full-price sales in its third quarter exceeded its expectations.

Business • 28 Oct 20

Next said its central scenario now assumes a full year 2020-21 pretax profit of £300m

Next raises profit outlook on strong recent trading

Clothing retailer Next has raised its profit outlook for the second time in two months as it reported strong recent trading.

Business • 17 Sep 20

Next will own 51% of the partnership, while Victoria's Secret will own the rest

Next buys majority stake in Victoria's Secret UK arm

L Brands has said that British clothing retailer Next would acquire a majority stake in its Victoria's Secret UK business under a newly formed joint venture.

Business • 15 Sep 20

Next said its like-for-like sales in its stores, most of which re-opened in June, were down 72% for the quarter to July 25

Next's Q2 sales decline by better-than-expected 28%

Retailer Next said its full-price sales in the second quarter declined by a 28%, a much better result than it expected at the height of the Covid-19 pandemic.

Business • 29 Jul 20

Workers in a factory in Leicester making clothes for Boohoo were being paid as little as £3.50 an hour, the Sunday Times has reported

Boohoo launches independent review of UK supply chain

Boohoo has commissioned an independent review of its supply chain in Britain after a damaging media report about dire factory working conditions put the brakes on the online fast fashion retailer's meteoric rise.

Business • 08 Jul 20

Next has agreed a deal with Hammerson for the new beauty hall sites, as fashion stores remain closed

New Next Beauty Hall concept for former Debemhams shops

Next has sealed a deal to transform five former Debenhams beauty departments into its own new beauty hall concept.

Business • 07 May 20

Next said store sales plunged 52% in the 13 weeks to April 25 - its fiscal first quarter

Next sales slump as stores shut in coronavirus lockdown

Clothing retailer Next has shored up its finances to help get it through the coronavirus crisis by selling property, suspending share buybacks and dividends and cutting costs after first-quarter sales fell 41%.

Business • 29 Apr 20

Next stopped taking online orders yesterday and will not be taking any more until further notice

Next bows to staff pressure and stops online operations

Fashion chain Next has bowed to pressure from workers worried about their health and shut its online business, cutting off its remaining source of revenue during the coronavirus outbreak.

Business • 27 Mar 20

Next said there is no way of predicting the extent that the effect coronavirus will have on its retail and online sales

People do not buy a new outfit to stay at home - Next

Clothing retailer Next said today the industry was facing a crisis that is unprecedented in living memory, but believes that its balance sheet and margins will help it weather the storm.

Business • 19 Mar 20

David Jones was responsible for turning Next into a powerhouse of the high street

Former Next boss David Jones dies

The former boss of Next, David Jones, has died at the age of 76, the retailer has confirmed.

Business • 30 Dec 19

Next's third quarter sales growth was slightly ahead of guidance given in September

Next keeps full year guidance after Q3 sales rise

Clothing retailer Next said today that sales picked up in October after a poor start to autumn trading and the group kept its profit guidance for the full 2019-20 year.

Business • 30 Oct 19

Next said it made a pre-tax profit of £319.6m in the 26 weeks to July 27

Next's first half profit rises on strong online growth

Clothing retailer Next made a "disappointing" start to autumn trading which it said was down to unusually warm weather, rather than uncertainty over Britain's EU exit.

Business • 19 Sep 19