Passez à l'illimité avec Magzter GOLD
Obtenez un accès illimité à plus de 9 000 magazines, journaux et articles Premium pour seulement
Essayer OR - Gratuit
Next to join '£1bn club' as Wolfson backs high street
Evening Standard
|September 19, 2024
NEXT looked on the verge of joining the £1 billion club today — the exclusive set of retailers who have made that much profit in a single year.
After a strong August, the company predicts profits for 2025 of £995 million — its best ever and within a whisker of £1 billion.
Given Next’s history of upgrades, City analysts think it can reach the level that only a few UK retailers — Tesco, M&S and Kingfisher — have ever achieved.
Boss Simon Wolfson also today declared that internet retail shopping has peaked and that the future of the high street is sunny.
All retailers suffered from a tough summer this year due to bad weather. Next saw sales down 7.4% in June and by 2.5% in July, but they were up 5.9% in August, giving room for optimism.
Baron Wolfson of Aspley Guise is the son of former chairman Lord Wolfson of Sunningdale but no shareholders think he is not chief executive on merit. The performance of the shares has been stellar under his leadership.
Cette histoire est tirée de l'édition September 19, 2024 de Evening Standard.
Abonnez-vous à Magzter GOLD pour accéder à des milliers d'histoires premium sélectionnées et à plus de 9 000 magazines et journaux.
Déjà abonné ? Se connecter
PLUS D'HISTOIRES DE Evening Standard
The London Standard
Enter the Tardis of fun and chaos
Some years ago in a small town near Tours, France, I went with old pals to the only bar open on a Sunday evening.
1 mins
November 27, 2025
The London Standard
HOW LABRINTH ESCAPED HIMSELF
Winning an Emmy for Euphoria and working with Beyoncé has seen the star take America by storm, but he's also faced darkness — and now recorded the best music of his career.
5 mins
November 27, 2025
The London Standard
It's joking aside for George Clooney while Jeremy Corbyn and Jean Campbell get wickedly sinful
Some A-listers aren't on social media to protect their privacy or their mental health.
1 min
November 27, 2025
The London Standard
Model Jourdan Dunn loves a candlelit date at the Dover and checks in for pure luxury at the Peninsula
Home is... West London, always has been and always will be.
2 mins
November 27, 2025
The London Standard
A day in the life Therabody founder Jason Wersland
The inventor kickstarts his day with a beach run, loves red light therapy and believes in meditating his way to success
3 mins
November 27, 2025
The London Standard
At the table Fancy a five-hour queue for a pizza the action?
Only you know whether pizza is worth queuing five hours for, whether it is worth sleepless nights sitting in the torpid blue light of a smartphone screen searching in vain for a reservation that will never materialise. This is how it is with the Marlborough.
3 mins
November 27, 2025
The London Standard
THEATRE'S MOST TALENTED STARS IN THE SPOTLIGHT FOR OUR AWARDS
Cate Blanchett, Tom Hiddleston and Rachel Zegler are shortlisted as the Standard's celebration of the stage returns.
5 mins
November 27, 2025
The London Standard
Question over Odegaard’s return after Eze’s statement derby show
The Arsenal captain faces a fight to get back in the side after summer signing dazzles.
2 mins
November 27, 2025
The London Standard
A London family home for under £500k?
YES, INDEED THESE FIVE POSTCODES OFFER WHOLE HOUSES AND ATTRACTIVE LOCAL AMENITIES
4 mins
November 27, 2025
The London Standard
Angry, intolerant, divided and priced-out: why I fear the Zoomers
To understand the man, you have to know what was happening in the world when he was 20
3 mins
November 27, 2025
Listen
Translate
Change font size