All Next articles – Page 50
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News
Fashion chains to hike autumn prices up to 8%
Fashion retailers have called time on deflation and are set to hike prices by up to 8% for autumn as they contend with volatile currencies, higher commodity costs and the likelihood that VAT will rise.
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NewsRetailers to battle for premium market share
The premium end of the market is set to take over from value as the biggest battle ground for market share, according to market analyst Verdict.
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NewsSimon Wolfson: ‘Budget is key’
The result of the election is irrelevant — what matters is the first Budget, says Next chief executive Simon Wolfson.
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NewsRetail stock buoyant despite election fears
Retail shares were among the better performers as economic turmoil in Greece and political uncertainty ahead of the general election here took a toll on the market overall.
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NewsNext remains ‘cautious’ as sales grow 4.1%
Total sales at Next grew 4.1% excluding VAT in the 13 weeks to May 1 but it said it remained “cautious” for the year ahead.
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NewsWestfield Stratford signs raft of retailers
Westfield has said it has made “excellent progress” at its Stratford shopping centre, with a raft of signings including Primark, Topshop and H&M.
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NewsNext and John Lewis ramp up campaigns
Next and John Lewis will today launch major TV campaigns as they seek to further push their points of difference to customers.
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AnalysisChildren’s clothing controversy
Primark fell foul of a tabloid frenzy last week when it was accused of selling a ‘paedo bikini’. How damaging was the controversy and what lessons can be learnt?
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NewsNext boss Simon Wolfson lined up for House of Lords seat
Next chief executive Simon Wolfson has been put on a list of proposed peers put forward by the Conservative party, renewing speculation that he may pursue a career in politics.
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NewsSimon Wolfson doubles pay after £1m bonus
Next chief executive Simon Wolfson almost doubled his pay last year after receiving a £1m performance bonus.
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NewsMore high street retailers caught selling ‘sexy’ kids’ products
Further high street stores have been caught selling sexy clothes for children, according to an investigation by The Sun.
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NewsDebenhams casts net wider with web delivery options for overseas shoppers
Debenhams is ramping up its online business by offering shoppers in selected overseas destinations the option to have goods delivered to their homes with a new international delivery service.
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NewsRestore confidence to win our vote, retailers demand
Retail leaders call for clarity from political parties on key issues to allay consumer fears
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NewsProperty deals tempt H&M into out-of-town store growth drive
Swedish fashion giant H&M is pushing into out-of-town locations as it takes advantage of newly available space and attractive property deals for its continued UK expansion.
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NewsTory plans ‘do not include an increase in VAT’
The Conservative Party has insisted that it would not need to increase VAT in order to cut the deficit if it forms the next Government as Prime Minister Gordon Brown is today expected to confirm that the next general election will be held on May 6.
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Opinion
George Osborne finds some friends
Shadow chancellor George Osborne needs all the help he can get, but he’s scored a real coup today with many of retail’s top leaders coming out to support his plans to reverse the government’s planned rise in National Insurance.
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NewsRetailers strike back in National Insurance row
Retail leaders have hit back after top Labour politicians accused them of having been “deceived” into supporting Conservative plans to reverse part of the Government’s proposed National Insurance rise.
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News
Super Thursday retail updates bolster stocks
A round of strong results from retailers as diverse as Next and Kingfisher on ‘super Thursday’ last week helped lift some store stocks, but general retailers overall lagged the All-Share index and food shares were moribund.
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NewsSimon Wolfson thinks long term as Next performance picks up
Next will focus on extending its home offer and cutting clothing lead times to maintain momentum after delivering its first full-year like-for-like sales growth in four years.
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NewsRetail chiefs forecast slow consumer recovery
Retail chiefs including Marks & Spencer chairman Sir Stuart Rose, Next chief executive Simon Wolfson and New Look chief executive Carl McPhail have warned against expecting a consumer recovery this year, a report has found.