Next PLC
LSE:NXT

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Next PLC
LSE:NXT
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Price: 9 590 GBX -2.6% Market Closed
Market Cap: 11.4B GBX
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Next PLC
Investor Relations

Next PLC, a British multinational clothing, footwear, and home products retailer, has fashioned a formidable presence in the retail industry since its founding in 1864. Headquartered in Enderby, Leicestershire, Next has ingeniously evolved from its roots as a tailor's shop to become one of the UK’s leading retailers, with a network extending across more than 500 stores in the UK and Ireland, in addition to a robust online presence. The company has seamlessly integrated its physical and digital platforms, leveraging its comprehensive online catalog and efficient logistics to cater to the rapidly changing shopping habits of modern consumers. This strategic omnichannel approach allows Next to capture a broad customer base by blending the convenience of in-store shopping with the expansive reach and intuitive sourcing afforded by its digital operations.

Next PLC’s profitability strategy is deeply embedded in its product offerings and financial acumen. The company makes money primarily by selling its own label products, which range from trendy fashion items to stylish homewares. By controlling most aspects of the design and supply chain processes, Next ensures high-quality goods that resonate with consumers' style preferences, thereby maintaining competitive pricing while optimizing profit margins. Additionally, Next operates a credit facility, Nextpay, which offers customers a convenient way to finance their purchases, thereby driving sales volumes and generating additional revenue through interest and fees. This diversified business model not only cements Next’s market position in the saturated retail space but also fortifies its financial resilience against economic fluctuations.

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Management

Lord Simon A. Wolfson
CEO & Executive Director
No Bio Available
Mr. Richard S V. Papp
Group Merchandise & Operations Director and Executive Director
No Bio Available
Mr. Jeremy Stakol
Group Investments, Acquisitions & Third Party Brands Director and Executive Director
No Bio Available
Ms. Jane Shields
Group Sales, Marketing & HR Director and Executive Director
No Bio Available
Mr. Jonathan Blanchard FCCA
CFO & Director
No Bio Available
Mr. Ian Blackwell
Company Secretary
No Bio Available

Contacts

Address
LEICESTERSHIRE
Leicester
Desford Road
Contacts
+443337774577.0
www.nextplc.co.uk