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Invesco Ltd Discloses 4.934000% Stake In Next Plc As Of March 22 Vs. Prior Stake Of 9.76% - Filing
UK's Next Announces Acquisition Of Stake In Reiss
Next Ditches Topshop Bid Amid Bidding Frenzy For High Street Titan - Sky News
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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Next Plc said on Thursday it had pulled out of the bidding for brands owned by British tycoon Philip Green's Arcadia Group as it was unable to meet the price expectations of the collapsed fashion chain.
L Brands Inc <LB.N> said on Monday British clothing retailer Next Plc <NXT.L> would acquire a majority stake in its Victoria's Secret UK business under a newly formed joint venture.
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 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
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 said on Friday it had signed a new product license agreement with Next Plc, 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 <NXT.L> 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.
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 <NXT.L> 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)
When industry pundits talk about emerging technologies such as artificial intelligence (AI), the cloud and big data, they are quick to talk about multiple business benefits—better customer service, improved employee satisfaction and sales results, among others. What they...
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