Next plc
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Semi-annual Revenue
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in mil. unless spec.Semi-annual Earnings Per Share
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in mil. unless spec.Semi-annual Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Simon Adam Wolfson
- Full Time Employees
- 31,589
- Sector
- Consumer non-durables
- Industry
- Apparel/Footwear
- Address
- Desford Road Leicester EM United Kingdom LE19 4AT
- IPO Date
- Mar 12, 1948
- Website
- nextplc.co.uk
- Similar Companies
- Business
- NEXT plc is a British multinational retailer specializing in the sale of clothing, footwear, accessories, beauty products, and home furnishings. The company operates through multiple channels including physical retail stores, online platforms, and financial services, offering men's, women's, and children's apparel; footwear; homeware; and beauty products. Its retail operations encompass the NEXT brand as well as Total Platform brands such as Reiss, FatFace, and Joules. The company’s retail estate includes around 700 stores globally, with approximately 500 located in the United Kingdom and around 200 across Europe, Asia, and the Middle East. NEXT plc also operates a property management segment overseeing property and leases. Founded in 1982 and headquartered in Enderby, Leicestershire, England, the company is a constituent of the FTSE 100 Index and is recognized as the largest clothing retailer by sales in the UK. In recent years, NEXT plc has executed a series of strategic acquisitions and partnerships to expand its market presence and omnichannel retail platform. Notable recent acquisitions include the purchase of FatFace for £115 million, substantially expanding its portfolio of lifestyle brands. The company has also acquired brand names and intellectual property of several major distressed retailers, including the UK operations of Victoria's Secret, the UK online business of Gap, and the homeware brand Cath Kidston. NEXT selectively integrates these acquisitions into its Total Retail platform while allowing them to operate independently. Additionally, NEXT has bolstered its e-commerce and logistics services by acquiring stakes in other retail firms such as JoJo Maman Bébé and Reiss, enhancing its digital sales infrastructure and expanding its customer reach. The company's business segments include NEXT Retail, NEXT Online, and NEXT Finance, the latter offering financial services such as credit facilities linked to its retail sales. NEXT plc also manages various subsidiaries including Agratech Limited, Lipsy Limited, Next Beauty Limited, Next Brand Limited, and others, supporting its broad retail and operational footprint. The company reported a revenue of approximately £6.4 billion and net income around £793 million for the trailing twelve months, reflecting robust profitability and operational scale. NEXT's strategic focus remains on leveraging its omnichannel retail capabilities, integrating newly acquired brands, and expanding its international footprint, particularly across Europe, Asia, and the Middle East. The company emphasizes product range breadth across clothing, footwear, homeware, and beauty, catering to diverse customer segments via both physical stores and digital channels. This comprehensive product and service offering, combined with recent acquisitions and business expansions, positions NEXT plc as a leading player in the global retail sector.
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