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The Latest Breaking News from Next

Britain’s Next Sees Lower Clothing Inflation, Shares Dip on Cautious Outlook

British fashion retailer Next (NXT.L) reported a better-than-expected 5.7% rise in annual profit on Wednesday and said it would not need to increase prices by as much as previously thought. However, it still expects higher spending on wages, energy and technology to reduce its profit this year, and the retailer's…

Asharq Al-Awsat

Next Plc says price rises set to ease in year ahead

Group also says it is open to further deals after snapping up rights to Cath Kidston

Birmingham Post

Next expects price rises to slow this year in sign that inflation is easing

Retailer reports record annual profits of £870m after stronger-than-expected sales but says 2023 could be ‘very challenging’

The Guardian - UK

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Next targets more takeovers as it defies economic turmoil with surging profits

NEXT again showed why it is the king of the high street today with a leap in profits that defy the consumer slowdown and leave it set for more acquisitions of rivals.

Evening Standard

Credit Suisse aided tax evasion, says US Senate committee; Bank of England reports UK banks are ‘resilient’ – as it happened

US Senate committee’s findings come on the day UBS appoints ex-boss Sergio Ermotti as new CEO to steer Credit Suissse takeover

The Guardian - UK

FTSE 100 Live: Ermotti back at UBS, mortgage approvals up, financiers fear ‘high impact’ event, shares rise

London’s FTSE 100 made a steady start, with investors in cautious mood after US tech stocks stood out overnight during a fall for Wall Street markets.

Evening Standard

Next buys Cath Kidston brand for £8.5m with remaining UK stores to close

About 125 jobs are at risk after British retailer falls into administration for second time in two years

The Guardian - UK

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Next acquires Cath Kidston for £8.5m

Next said it had agreed to acquire the brand name, domain names and intellectual property of CK Acquisitions Ltd

Birmingham Post

Next to buy Cath Kidston out of administration – but jobs will be cut as remaining shops close

Some of Cath Kidston’s 125 staff will be made redundant because of the closures

Evening Standard

3 Skyrocketing Energy Stocks to Buy, 2 to Sell

Despite rising recessionary fears, strong global energy demand and constrained supplies should drive the energy sector’s growth this year. Hence, fundamentally sound energy stocks Marathon Petroleum (MPC), PrimeEnergy Resources (PNRG), and Epsilon Energy (EPSN) could be ideal investments. On the contrary, avoiding struggling energy stocks Camber Energy (CEI) and NextDecade…

StockNews.com

Big Interview: Everards Brewery MD Stephen Gould on hotel plans, the price of a pint and his retirement plans

Pub and beer group is looking for a hotel operator for the next phase of its Everards Meadows site in Leicester

Birmingham Post

Former Topshop in Glasgow's St Enoch Centre to be turned into flagship Next store

Glasgow Live

Next Electric Motors Presents The Mojito Urban Electric Scooter

Spanish electric mobility startup Next Electric Motors presents the Mojito, a retro-style electric scooter designed for urban use.

RideApart

Online dating horror stories inspired by true events. Next is the latest series to roll out on social media

Actor Chloe Bayliss has turned a bunch of "horrendous" dating stories into an exciting new series called Next which is rolling out on TikTok. It's another example of creatives choosing social media as the platform to launch their work.

ABC News

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Wales Online

A Next outlet store is understood to be opening up at Parc Fforestfach in Swansea

It's thought to be going into the old River Island

Wales Online

First look inside big new 'concept' Shoe Zone store where Next used to be in Swansea city centre

It has officially opened its doors

Daily Mirror

Myleene Klass looks radiant as she showcases toned frame in new bikini collection

Former Hear'Say singer, Myleene Klass, posed in several different patterned bikinis, that she described as 'bold' and 'striking' as part of her latest collection with Next

Manchester Evening News

A HUGE homeware store has opened in the Trafford Centre to rival H&M and TK Maxx's Homesense

As TK Maxx store Homesense closes down in the Arndale, the Trafford Centre has opened a brand new homeware shop, and it's huge

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Wales Online

This is when the new 'concept' Shoe Zone store will open in Swansea's old Next and what we can expect

It will sell its own brands along with other big names

Daily Mirror

Full list of 106 Paperchase shops closing for good in next few weeks - is one near you?

Last week Paperchase closed its online store and it's physical sites across the UK will gradually close over the coming few weeks, however no exact date for store closures have been announced

Evening Standard

JoJo Maman Bébé sales rise as shoppers embrace high street stores

JoJo Maman Bébé has recorded growth for the year to June 2022

Evening Standard

Sanderson Design Group shares soar on Next licensing deal

Sanderson agreed a £2.6 million deal with Next to sell its Clarke & Clarke products

The Conversation

UK shoppers are choosing bricks over clicks right now, but here's why it isn't the end for online retail

British retail sales figures showed an unexpected bump in activity over the Christmas shopping period that exceeded expectations – particularly given the current UK cost of living crisis.

Chronicle Live

North East Today: Metro off in North Tyneside and pair arrested nearly 400 times for antisocial behaviour

Your morning briefing on all the latest from across the North East

Chronicle Live

Pair banned from South Tyneside shops after being arrested 360 times for 'relentless' behaviour

Anne Marie Simpson, 36, and her partner Christopher Rutherford, 40, have been banned from a host of shops for their behaviour

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