Retailer ‘defies gravity’ to become only fourth in UK to pass £1bn profit thresholdIt may not be a fashion leader or the cheapest place to fill your wardrobe, but Next has quietly confirmed its place as a British success story by ringing up £1bn in profits for the first time.Next’s growth came despite static sales of its own label in the UK as it expands the brand overseas – including via online marketplaces such as Zalando – and sells other labels it has invested in both online and in its stores. Continue reading…
Source link : https://www.theguardian.com/business/2025/mar/27/next-reports-1bn-in-annual-profits-for-first-time-but-warns-on-uk-economy
Author : Sarah Butler
Publish date : 2025-03-27 16:42:00
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Next continues success story by reporting first £1bn in annual profits
