London close: Stocks slip into red on growing Middle East concerns
9th Oct 2023 15:40
(Sharecast News) - London's financial markets closed in the red on Monday, relinquishing earlier gains as geopolitical tensions emanating from the Israel-Gaza conflict hit global sentiment.
Read moreJPMorgan places Next, AB Foods on 'negative catalyst watch'
9th Oct 2023 10:33
(Sharecast News) - JPMorgan Cazenove placed the shares of Next and Primark owner Associated British Foods on 'negative catalyst watch' on Monday as it took a look at the European general retail sector.
Read moreNext CFO Amanda James to step down next year
2nd Oct 2023 15:00
(Sharecast News) - Clothing and homeware retailer Next said on Monday that chief financial officer Amanda James plans to step down from the board in July 2024 after 28 years with the company.
Read moreNext lifts annual profit guidance after strong summer sales
21st Sep 2023 07:03
(Sharecast News) - UK fashion retailer Next on Thursday lifted full-year guidance for the third time in four months after better-than-expected summer sales and said inflationary pressures should ease next year.
Read moreNext spending £128m to raise stake in Reiss to 72%
1st Sep 2023 09:34
(Sharecast News) - Next is spending £128m to buy a further 21% stake in premium high street retailer Reiss despite recent reports it was considering selling its investment.
Read moreNext lifts FY guidance after strong rise in Q2 full-price sales
3rd Aug 2023 08:08
(Sharecast News) - UK fashion retailer Next raised annual profit forecasts on Thursday after strong second-quarter full-price sales and better-than-expected clearances of summer stock.
Read moreElliott mulls potential bid for Reiss - report
21st Jun 2023 12:33
(Sharecast News) - Activist investor Elliott Advisors has emerged as a potential suitor for fashion brand Reiss, it was reported on Wednesday.
Read moreNext lifts FY sales and profit guidance, shares surge
19th Jun 2023 13:01
(Sharecast News) - Next surged on Monday after the retailer upgraded its full-year sales and profit guidance following much better-than-expected trading in the last seven weeks, boosted by warmer weather and the impact of pay rises.
Read moreNext in the process of possibly selling Reiss stake
13th Jun 2023 13:02
(Sharecast News) - High street clothing retailer Next is currently engaged in discussions over the potential sale of Reiss, the fashion chain it controls, in a deal that could value Reiss at more than £500m.
Read moreDeloitte faces probe over Joules audit
9th May 2023 07:24
(Sharecast News) - The UK's accounting regulator has started a probe into Deloitte's audit of clothing retailer Joules Group.
Read moreNext posts smaller-than-expected drop in Q1 sales, backs FY guidance
4th May 2023 07:13
(Sharecast News) - Retailer Next backed its full-year guidance on Thursday as it posted a smaller-than-expected drop in first-quarter sales.
Read moreDirector dealings: Next director makes share sale
5th Apr 2023 15:24
(Sharecast News) - Next revealed on Wednesday that merchandise and operations director Richard Papp had disposed of 5,300 ordinary shares in the FTSE 100-listed clothing retailer.
Read moreNext posts better-than-expected FY profits
29th Mar 2023 07:57
(Sharecast News) - Next posted a better-than-expected jump in full-year profit on Wednesday as it said selling price inflation was set to be more benign than previously thought, but warned the year ahead will be "difficult" and that it continues to expect a decline in profit.
Read moreNext buys Cath Kidston for £8.5m
28th Mar 2023 16:44
(Sharecast News) - Retailer Next confirmed on Tuesday that it has agreed to buy the brand name, domain names and intellectual property of Cath Kidston from the administrators for £8.5m.
Read moreWednesday preview: UK money supply growth, Next in focus
28th Mar 2023 14:15
(Sharecast News) - Investors' focus in the middle of the week would swivel back to the UK.
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