Next Plc owns and operates retail stores. It offers fashionable accessories for men, women and children along with home wares.
It operates through following business segments: NEXT Retail, NEXT Online, NEXT Finance, NEXT International Retail, NEXT Sourcing, Lipsy, and Property Management.
Is Next PLC a multinational company
Next PLC is a British multinational clothing, footwear and home products retailer headquartered in Leicestershire.
It has around 700 stores, of which 550 are in the United Kingdom and Ireland, and around 200 are in continental Europe, Asia and the Middle East.
It currently has 53 Home Stores in the UK.
Who are nexts competitors
The top existing competitors of NEXT are Arcadia Group, Debenhams, and Marks & Spencer.
Arcadia Group PLC is the country’s number two clothing retailer behind Marks & Spencer (www.hoover.co.uk, 2000).
Especially Marks & Spencer and Debenhams have begun to fight back in recent years (Finch, Oct.
Is NEXT environmentally friendly
Next has committed to reducing its environmental impact across the entire supply chain. It plans to achieve a 50% reduction against absolute scope 1 and 2 carbon reduction targets by 2030.
Next has set a new scope 3 total value chain target to reduce emissions by 40% by 2030 per million sales.
When did next change their logo
Next silently changed its logo on 23 March 2022, being the first time the company used an all-uppercase wordmark since 2007.
How long has NeXT been trading
Led by the now-legendary George Davies, Next opened its first high street stores in 1982.
Nine years later, Lord Simon Wolfson, whose father David was then the retailer’s chair, joined Next, initially as a consultant, before taking the reins as chief executive in 2001.
Does Next Directory still exist
It still produces a printed shopping directory The groundbreaking mail order operation Next Directory launched in 1988 with a hardback book containing 350 pages!
What is the culture at Next PLC
We strive to create a diverse workplace in which everyone is treated with dignity and respect.
Our priority is to provide an environment where our employees are: Supported and respected.
Treated fairly and taken care of.
When did NEXT open in UK
1982: The first Next womenswear store opened on 12 February 1982, with Next stores around the UK by the end of July.
Is Next rebranding
Palo Alto-based digital insurtech company, NEXT Insurance, announced a strategic rebrand that will integrate small business owners from across the country into every part of the company’s business, culture and ethos.
What sector is Next Plc in
Company Information NEXT plc is a United Kingdom-based retailer, which offers clothing, footwear, accessories, beauty and home products.
Does NEXT own gap
Gap has not yet confirmed how many stores will open and the store locations.
As part of the joint venture, later this year Gap’s ecommerce business will be operated through Next’s Total Platform.
Next owns 51% of the joint venture, while Gap owns 49%.
How many brands do Next sell
NEXT also sells around 500 third-party brands through LABEL online. A combination of NEXT and other branded product provides customers with extensive product ranges, all as part of a convenient shopping experience.
NEXT sources over 200 million of its own branded products globally from over 40 countries.
How many suppliers does Next Plc have
Next uses more than 500 third-party suppliers, with products manufactured across 40 countries.
When did Next Plc go public
Over the next 50 years, Hepworth & Son would expand, forming a nationwide retail chain of principally men’s clothing.
The company would long remain a mainstay of the United Kingdom’s high street shopping districts.
Hepworth & Son’s continued expansion led the company to go public in 1948.
Is Next Plc ethical
Our Principle standards are aligned to the Ethical Trading Initiative (ETI) Base Code. NEXT has been a member of the ETI since 1998.
Implementation of and compliance to our Principle Standards is measured through our Auditing Standards, and is a condition of business for all suppliers.
Who have next bought out
Next Plc has announced that it has purchased a 25 per cent stake in high street fashion chain Reiss, in a deal said to be worth around £200 million.
When did next start selling brands
Next can trace its history back to 1864 when J Hepworth & Son, gentleman’s tailors, was established in Leeds.
In 1981, Hepworth bought the chain of Kendalls rainwear shops to develop a womenswear group of stores called Next.
Next for Men launched in August 1984.
What products do NEXT sell
The majority of our stores sell clothing, footwear, accessories and/or home products; and we operate 37 large combined fashion and home stores.
NEXT stores are an important part of our Online delivery service.
Where does Next manufacture its clothes
When it comes to social sustainability, Next has standard protections in place – a Code of Practice, and supplier lists on its site (although this covers over 1000 different factories, predominantly in China and Turkey).
On its corporate site, Next estimates 98% of all of its products come from compliant factories.
Are Next and Reiss the same company
UK clothing and homeware retailer Next Plc has upped its equity stake in fashion chain peer, Reiss.
Next has taken its shareholding in fashion retail chain Reiss from 25% to 51%.
Does Next own Victoria secret
The newly formed JV will operate all Victoria’s Secret stores in the UK and Ireland.
The UK and Ireland digital (online) business, which is currently operated by Victoria’s Secret in the United States, will be folded into the JV in Spring 2021.
Next PLC owns 51% of the JV, while Victoria’s Secret owns 49%.
How many stores does Next Plc have
Next PLC is a British multinational clothing, footwear and home products retailer headquartered in Leicestershire.
It has around 700 stores, of which 550 are in the United Kingdom and Ireland, and around 200 are in continental Europe, Asia and the Middle East.
What’s it like to work for Next Retail
Friendly and progressive. Great place to work, friendly staff and plenty of room for progression if work is put in.
The hours are there if you’re willing and able to be flexible. You get from the job as much as you put in.
Is Next PLC a hierarchical structure
Both CAPCO and Next plc follows the hierarchical structure. The distribution of authority and responsibility is in hierarchical manner.
To enhance the productivity per employee both, the CAPCO and Next plc use task based culture.
Does Next own Reiss
In March 2021 Next acquired a 25% equity stake in Reiss, valued at around £200m, as part of a new long-term, strategic partnership.
At the time, Next said it would also have the option to acquire an additional 26% interest at pre-agreed terms, which would take Next’s holding to 51%.
Do NEXT shareholders get a discount
The shareholder discount voucher, in the name of the first named, registered shareholder, gives a 25% discount against most purchases at any one time on full price NEXT merchandise in our retail stores.
There is no limit on the value of goods that can be purchased at that time.
Can I buy shares in NEXT
Shares in Next plc can be traded through most banks, building societies, stock brokers or “share shops”.
Our shares can also be traded through our registrars, Equiniti, online at www.shareview.co.uk/dealing or via telephone by calling 03456 037 037 between 8.00am and 4.30pm on weekdays.
How do I transfer my shares?
What age group is NEXT aimed at
When George Davis created Next in the 1980s it filled a gap in the market by delivering fashionable clothes for 25-45 year olds, those starting out on careers and family life.
In particular it was the go-to retailer for work clothes for both men and women, and built a big share of the childrenswear market.
Who audits NEXT
In an announcement, Next said it intends to recommend to shareholders, for approval at the 2017 AGM, the appointment of PwC as the auditor of the Next group of companies for the financial year ending 27 January 2018.
Citations
https://www.nextplc.co.uk/investors/shareholder-information/faqs
https://craft.co/john-lewis-partnership/competitors
https://en.wikipedia.org/wiki/Tom_Singh
