Lord Wolfson news and archive

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Retail

A fresh lockdown could cost Next 60 million pounds in lost sales

With the retail holiday season in full swing, a fresh lockdown could cost high street chain next 60 million pounds in lost sales. The company said its in-store sales in the last three months were around half of levels seen since last year, with fears already mounting about the potential impact of Wales’ two-week shutdown imposed last week,...

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Report

​Next's Simon Wolfson requests more transparency concerning Brexit

London - Lord Simon Wolfson, the chief executive of Next, has called on the government to explain its Brexit strategy, as he believes its would be "helpful" for retailers to have a clearer idea of what the core principles of the plan are. Lord Wolfson, who was in favour of leaving the EU before the national referendum last June, previously...

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Fashion

Next Chief Executive on changing retail landscape

Next has announced a 9% rise in pre tax profits to £551million in the year ended January 2011. However the high street fashion retail giant has said that clothing prices could rise by 10% for Autumn 11 due to continuing inflation wage in the Far East and increasing commodity prices. It follows an increase of 8% for Spring 11. Next, chief...

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