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Next Plc (Next) is a specialty retailer that merchandises and sells clothing, footwear, accessories, beauty, and homeware products through self-owned and franchised stores. The company provides services such as websites, marketing, warehousing, distribution networks and contact centres. It also provides credit facility related to nextpay purchases for its users and manages properties and property leases. It markets and sells these products under NEXT, Label, and Lipsy brand names. The company merchandises and sells these products through various e-commerce portals, such as www.next.co.uk. The company also operates warehouses and distribution hubs across Europe, the Middle East, Asia, and other regions. Next Plc is headquartered in Leicester, England, the UK.
Headquarters
United Kingdom
Address
Desford Road, Leicester, England, LE194AT
Website
www.nextplc.co.uk
Telephone
44 333 7778245
No of Employees
32,324
Industry
Retailing
Ticker Symbol & Exchange
NXT (LON)
Revenue (2023)
$6.2B
30.9%
(2023 vs 2022)
EPS
XYZ
Net Income (2023)
XYZ
136.3%
(2023 vs 2022)
Market Cap*
$11.3B
Net Profit Margin (2023)
XYZ
-3.5%
(2023 vs 2022)
* As of and is in US$
Next Plc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Apparels | E-retail | Label |
| Accessories | Discount Vouchers | Lipsy |
| Footwear | Gift Cards | JoJo Maman Bebe |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Plans/Strategy | In September, the company announced its plans to acquire additional 21% stake in Reiss from Warburg Pincus. |
| 2023 | Contracts/Agreements | In September, the company entered into an agreement to acquire Warburg Pincus’ 34% stake in Reiss fashion house. |
| 2023 | Plans/Strategy | In June, the company announced its plans to sell its fashion brand, Reiss. |
Competitor Comparison
| Key Parameters | Next Plc | Marks and Spencer Group plc | Abercrombie & Fitch Co | Dunelm Group plc | Superdry Plc |
|---|---|---|---|---|---|
| Headquarters | United Kingdom | United Kingdom | United States of America | United Kingdom | United Kingdom |
| City | Leicester | London | New Albany | Leicester | Cheltenham |
| State/Province | England | England | Ohio | England | Gloucestershire |
| No. of Employees | 32,324 | 64,261 | 7,200 | 7,273 | 4,038 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Michael Roney | Chairman | Executive Board | 2017 | 56 |
| Lord Simon Wolfson of Aspley Guise | Chief Executive Officer; Director | Executive Board | 2002 | 56 |
| Dame Dianne Thompson | Director | Non Executive Board | 2015 | 73 |
| Tristia Harrison | Director | Non Executive Board | 2018 | 50 |
| Soumen Das | Director | Non Executive Board | 2021 | 47 |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
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