How successful is Next PLC?

More than 96% of sales were achieved in the UK market. Taking an up to date snapshot of the current situation of the Company, it is quite a success story. NEXT nearly tripled their sales during the last six years, Source: see Chapter 7 from GBP 544 m (1994) to GBP 1430 m (2000) and dividends have increased steadily.

How many stores does Next Plc have?

700 stores
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.

When did NEXT become a plc?

1986
In 1986 this change was made official with the adoption of a new company name, Next Plc. One of the new Next company’s first acts was to make a new acquisition, that of the mail order business Grattan Plc.

What makes Next Plc unique?

Why we are unique NEXT Online, with over 5 million active customers globally and websites serving over 70 countries. NEXT operates 8 UK warehouses, 7 UK depots and 3 international hubs providing cost effective and efficient delivery to our Online and Retail customers.

Is Next doing well?

Shares in the UK clothing retailer Next are close to an all-time high, thanks to a strategy that has seen the company sail through Covid-19 headwinds. In the nine weeks to 26 December, sales were 1.1% lower than a year earlier, a much better performance than the 8% decline the company had forecasted in the autumn.

What makes NEXT plc unique?

How did Next get its name?

Designer Terence Conran was Chairman of Hepworth at that time, and recruited George Davies to work at Kendall’s. However, Davies’s concept was to create a new chain, called Next, initially by converting Kendall’s stores.

Who started Next?

Joseph Hepworth
Next plc

Why is next successful?

The strong growth in Next’s online sales builds on their catalog heritage—their product selection and stock levels have long benefitted from the in-depth consumer data generated from their popular catalog and now through their online offering Next are further building on their data collection capabilities.

WHAT IS NEXT plc unique selling point?

The USP or Unique Selling Proposition of Next PLC sprawls in being the second-largest clothing retailer by sales after Burberry in the United Kingdom as of 2020.

When did Next plc become a public company?

The company trades on the London Stock Exchange. By the time of Next plc ’ s formation in 1981, the company had already been clothing England for more than a century. The company ’ s origins were with the operations of J. Hepworth & Son, Gentleman ’ s Tailors, founded in Leeds in 1864.

Who is the parent company of next UK?

Debut of NEXT’s first home interiors range. First department store with womenswear, menswear and interiors opens in Regent Street, London. Parent company, J Hepworth & Son changes its name to NEXT plc. The group acquires Grattan plc (mail order company). Launch of NEXT childrenswear.

When did next Ireland separate from Next plc?

In September 2018, the company’s Irish operations profits were separated from Next plc. Next (Ireland) Ltd was formally established to focus on the distribution of products in its physical stores and its online store in the Republic of Ireland. At the same time Next Germany was established.

Who are the Board of directors of next?

NEXT celebrates its 30 year jubilee. Jane Shields and Michael Law appointed to the board. NEXT now trades online in more than 70 countries worldwide. 2014 saw the opening of 2 large home and fashion stores which were built from the group up in Hedgend and Maidstone.