Next and Mike Ashley’s Frasers Group mull Ted Baker rescue deal Retail Mike Ashley’s Frasers Group and Next have reportedly expressed interest in buying Ted Baker.
Next gains on soaring FTSE as Lord Wolfson says it’s been a ‘long time’ since such a positive outlook Retail Next topped the FTSE 100 on Thursday, as it once again beat market expectations and trumped rivals amid a challenging period for UK retailers.
Will FTSE 100 giant Next continue to top the retail leaderboard? retail Next will unveil its full year earnings this coming Thursday, as investors gear up to see how the FTSE 100 firm has navigated a challenging period for retailers.
Next silent on reports it is eyeing The Body Shop February 25, 2024 Next has reportedly been weighing up buying parts of The Body Shop after the high street cosmetics chain fell into administration last week.
Retail: Insolvencies expected to ‘uptick’ as market consolidates amid Superdry and Ted Baker trouble February 12, 2024 Less than two months into 2024 and six UK retailers have already gone bust, with a further two warning they may fall into trouble, as experts warn the market will “continue to see an uptick in insolvencies”. According to figures from Centre of Retail Research, over 400 job roles have been impacted by retailers shutting [...]
Next eyes £100m deal for FatFace in latest shopping spree October 11, 2023 If completed, it will be the latest name to join Next’s expansive list of firms it has gobbled up since the pandemic.
Next shares plummet as retailer braces investors for a ‘difficult’ year March 29, 2023 Next share price fell 7.44 per cent this morning as it assured investors that it is prepared for a “difficult” year ahead, as soaring inflation looks set to rattle the high street powerhouse. The FTSE 100 listed retailer said that it was budgeting for full price sales to be down slightly by 1.7 per cent [...]
Cath Kidston: Next looks set to pick up troubled vintage staple March 28, 2023 High street giant Next is reportedly in talks to pick up the vintage-inspired Cath Kidston chain. According to reports from Sky News’ Mark Kleinman late on Monday evening, Next – which has been on an acquisition spree in recent months, picking up Made.com and Joules – is set to add the brand to its growing [...]
Investment behemoth Hilco Capital joins race to snap up Paperchase July 22, 2022 Former HMV-owner Hilco has joined the race to snap up Paperchase, according to City sources.
Covid was the final lever for the creative destruction of the high street: it’s not gone, just changing March 8, 2021 If you believe some of the gloomier predictions, the high street is on life support and will breathe its last when the government eventually pulls the plug on the comprehensive Covid relief package that has kept it alive. Last week’s budget offers another lifeline but is, in effect, a stay of execution in a process [...]