After a strong August, the company predicts profits for 2025 of £995 million — its best ever and within a whisker of £1 billion.
Given Next’s history of upgrades, City analysts think it can reach the level that only a few UK retailers — Tesco, M&S and Kingfisher — have ever achieved.
Boss Simon Wolfson also today declared that internet retail shopping has peaked and that the future of the high street is sunny.
All retailers suffered from a tough summer this year due to bad weather. Next saw sales down 7.4% in June and by 2.5% in July, but they were up 5.9% in August, giving room for optimism.
Baron Wolfson of Aspley Guise is the son of former chairman Lord Wolfson of Sunningdale but no shareholders think he is not chief executive on merit. The performance of the shares has been stellar under his leadership.
هذه القصة مأخوذة من طبعة September 19, 2024 من Evening Standard.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة September 19, 2024 من Evening Standard.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
The era of longevity is almost upon us. But can our minds really keep up?
A post-ageing world is just around the corner, says longevity scientist AUBREY DE GREY, and it’s going to change the way we live
Hidden London
SECRET SPOTS YOU SIMPLY HAVE TO DISCOVER
How Christian Louboutin fell in love with Melides in Portugal
The wild beauty of this seaside village charmed the French fashion designer so much that he made it his home
Actor Millie Bobby Brown romances in Hyde Park, feasts at Sheesh and buys thelot at Harrods
Interview with Actor Millie Bobby Brown
How will Arteta manage without influential Edu?
Arsenal need smooth transition between eras just like Man City
"I had no one in Manchester apart from my PlayStation"
Aaron Wan-Bissaka was a young man rated among the country's most promising footballers when Manchester United came calling in the summer of 2019.
The battle for the soul of Soho
Inside the war between London's porn baron family and the council they say is killing the vibe
At the table: Sad steaks seasoned with despair
Fetch the smelling salts, you're in for a shock: A Restaurant Critic Hates a Famously Terrible Restaurant. Low-hanging fruit? Perhaps.
Class portrait Nobody else writes about middle England so acutely
Tessa Hadley's first novella depicts women in refreshing ways
How a tiny cult radio station in Hackney took over the world
I think the most obscure place I've had a listener email from so far was probably a guy in the Yukon,\" laughs Flo Dill, the host of NTS Radio's flagship morning show.