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Next Chosen As Preferred UK Franchise Partner For Victoria's Secret - Sky News
Next Pulls Boohoo Clothing From Web On Concern Over Labor Abuse - Bloomberg News
Next Eligible To Access Funding Under Covid Corporate Financing Facility
NEXT plc is a United Kingdom-based retailer offering clothing, footwear, accessories, beauty and home products. The Company’s segments include NEXT Online, NEXT Retail, NEXT Finance, NEXT International Retail, NEXT Sourcing and other. NEXT Online is its online business for selling clothing and homeware in the United Kingdom and Eire. NEXT Retail is a chain of over 500 stores in the United Kingdom and Eire. NEXT Finance provides consumer credit for NEXT customers to purchase products online and in its stores through nextpay and next3step. next3step is a credit account, which allows customers to spread the cost of orders over three months in three equal payments, without incurring an interest charge. NEXT Sourcing designs and sources NEXT branded products. The NEXT International Retail segment comprises franchise and wholly owned stores overseas. The Company's franchise partners operate approximately 199 stores in over 32 countries.
Michael James Roney
Chairman of the Board
Simon A. Wolfson
Chief Executive, Executive Director
Group Finance Director, Executive Director
Executive Director, Group Sales and Marketing Director
Group Merchandise and Operations Director, Executive Director
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Zarchi Lwin pawned her only two gold bangles for $140 when the owner of the Myanmar factory where she sewed winter coats for British retailer Next Plc <NXT.L> shut it down after orders dried up due to the coronavirus.
* RECEIVED CONFIRMATION THAT IT IS ELIGIBLE TO ACCESS FUNDING UNDER COVID CORPORATE FINANCING FACILITY
A rally in pharmaceutical stocks led by industry giants GlaxoSmithKline and AstraZeneca helped the FTSE 100 outshine most global peers on Wednesday while investors waited for the outcome of the U.S. Federal Reserve's policy meeting.
UK stocks inched lower on Wednesday led by a fall in the shares of retailer Next following its results, while Prime Minister Boris Johnson won approval from parliament on Tuesday for an early ballot aimed at breaking the Brexit deadlock.
Fashion retailer Ted Baker Plc <TED.L> said on Friday it had signed a new product licence agreement with Next Plc <NXT.L>, replacing Debenhams next year, to expand its collection of childrenswear.
Fashion retailer Ted Baker Plc said on Friday it had entered a new product license agreement with Next Plc, replacing Debenhams next year, to expand its collection of childrenswear.
The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Wednesday:
Clothing chain Next Plc has bought premium beauty and wellbeing retailer Fabled by fashion and beauty magazine Marie Claire from Ocado Group for a small upfront payment, the online grocer said on Wednesday.
Clothing retailer Next raised its profit guidance after better-than-expected trading in late summer and said it was well prepared should Britain crash out of the EU without a deal, sending its shares higher.
European shares were supported in early trading on Tuesday by gains among commodity stocks, while British clothing retailer Next rallied after raising its profit guidance.
British clothing retailer Next reported a 0.5 percent rise in first-half profit and raised its guidance for the full year, saying it did not experience the loss of sales in August or early September it had previously expected.
Next got a boost from Britain's hot summer with a 2.8 percent rise in second-quarter sales but the fashion retailer does not see the warm glow lasting, sticking to forecasts that indicate little growth for the rest of the year.
Britain's top stocks index fell on Wednesday as mining and materials shares sold off on a slide in metals prices after the Trump administration threatened further tariffs on China.
British retailer Next reported a 2.8 percent rise in full-price sales in the second quarter, a better result than it had forecast following exceptionally warm weather that boosted demand for summer ranges.
* Next policy meeting due on Tuesday (Adds comment on inflation outlook)
* MICHAEL LAW, GROUP OPERATIONS DIRECTOR, WILL RETIRE FROM COMPANY IN JULY 2018 AND STEP DOWN FROM BOARD AT AGM ON 17 MAY 2018
British clothing retailer Next <NXT.L> is much more optimistic about its prospects than it was in January last year when it issued a profit warning, its boss said on Wednesday.
Quarterly sales at British clothing retailer Next <NXT.L> missed some analysts' forecasts as it blamed a mild October and "extremely volatile" trading, sending shares across the sector lower on Wednesday.
British clothing retailer Next <NXT.L> said it had managed to cushion the inflationary impact of a weak pound and nudged up its full-year sales and profit forecasts, sending its shares more than 10 percent higher on Thursday.
European shares inched up on Thursday as solid company earnings more than offset a weak energy sector and a slump in German industrial giant Siemens on delays to a planned unit listing.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.