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End Of Year Results have been announced! Extraordinary effort and dedication of colleagues across the business. From warehouses to stores, through our head office departments, contact centres to our overseas sourcing offices; people have worked tirelessly to support the business in the face of unprecedented challenges. Without exception, every part of the business understood the situation we were in and faced up to its challenges with hard work, innovation, teamwork, and a (mostly!) cheerful determination to make sure their part of the business got through. Whilst the company had many advantages going into the pandemic, it has been the endeavours and ideas of colleagues that have proven to be our greatest asset; and it has been their collective commitment that allows us to go into the year ahead with the prospect of heading back to the levels of sales and profitability we delivered in 2019/20. Read the full End of Year report here: https://bit.ly/3wh0o1w
BIG news! We have agreed the terms of a deal to acquire a 25% indirect interest in Reiss. This is through the acquisition of shares from existing shareholders, in the holding company of the Reiss business. Next will make an equity investment of £33m and a debt investment of £10m, financed from our own cash resources. Under the terms of the agreement, Next has an option to acquire an additional 26% interest at pre-agreed terms which, if exercised, would take Next's holding to 51%. The option falls away after July 2022. Simon Wolfson, Next Chief Executive said: “Reiss is an outstanding brand with enormous potential and a first class management team. We are excited to see what can be achieved through the combination of Reiss’s exceptional product, marketing and brand building skills with Next’s Total Platform infrastructure.” Reiss’s websites and Online operations, both in the UK and overseas, will be contracted to Next through Total Platform. It is anticipated Reiss will go live on Next Total Platform in February 2022.
Almost approaching the big 40, our Communications and Operations Expert, Julie celebrates her 38th year in the business.🎉 Her journey in the business has been phenomenal. From starting in-store in Leicester to progressing to roles within Head Office. Over time Julie has grown. The opportunities have enabled her to experience vast areas of the business, experience big changes and meet lots of new people who have become her friends for life ❤️. Hear from Julie below: "It's so fast-paced and always evolving which has offered numerous opportunities both in the retail stores and in Head Office. There is never a dull day and I love being able to work for a business that is always looking ahead". Congratulations Julie! 👍
At the beginning of 2021, we asked our people to nominate their colleagues who were exceptionally kind. We received over 1500 nominations and we're overwhelmed to hear about our people's amazing stories. ❤️ Congrats to everyone who was nominated. The stories were truly inspirational. Watch the full video to find out the full story.
This year we will invest over £100 million in our Warehousing and Distribution infrastructure that will help our Online business grow. Our Highbay Extension at our South Elmsall complex will include a brand new two-level bridge and a package of highways and access improvements. 🚛 We're growing and developing. Be part of our journey.
This year we will invest over £100 million in our warehousing and distribution infrastructure that will help our Online business grow.📈 Our next extension will undergo in 2021 as part of our Highbay Extension at Elmsall.🛠 Seek your next opportunity by visiting our careers website here; https://careers.next.co.uk/
Meet the team behind the NEW womenswear Next Active range. This video gives you a flavour of what our product teams do on a daily basis to bring the Next clothing to life. Whether it be the designers coming up with the styles and concepts or the merchandisers influencing the range and making sure it arrives on time for our customers. Collaboration is at the heart of what our product teams do. See more through the video.
Our January 2021 Trading statement has just been released! Here are the headlines. ⏬ Full-price sales were down -1.1% on last year. Much better than the central guidance of -8%, given in our October Trading Statement. 👍 Total full year profit before tax is forecast to be £342m 💸 Central guidance for profit before tax of £670m 📉 Year end net debt is forecast to reduce by £487m to £625m Read the full report here: https://bit.ly/3pRgPh2 #lifeatnext #business #businessnews #retail #newyear #results #tradingstatement #trade
2020 has seen the Next Online business grow and expand. Our teams and people have pushed innovation, explored new technologies, and adapted to find new ways to evolve our online offering. Watch the video to see how our Online and Marketing teams have adapted in 2020 and all the new and clever stuff they have implemented.
Santa came early for our teams across the business 🎁 💗🎅 In the run-up to the 25th, our people have been receiving a Christmas surprise to enjoy over the festive period. If you want to see what's inside the box, keep an eye on our LinkedIn stories 👀 Be part of the team in 2021! See our latest opportunities here ➡️ https://lnkd.in/dyzNuUz
