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Next

Next

Company: Next Plc

Brand value: US$ million

Change since 2019: %

Headquarter city: Leicester

Industry: Apparel

Year formed: 1982

Next is a chain of stores offering clothing and homeware with a growing focus on e-commerce, serving more than 5 million active customers in over 70 countries. In 2019, Next created LABEL, a third-party platform that allows a variety of brands to access its customer base through its logistics network. LABEL has quickly grown to comprise nearly 10 percent of the group’s revenue and has proven successful in attracting non-UK fashion brands keen to find new shoppers through cross-border e-commerce, as well as local brands like Tesco’s F&F value offer. Next is also collaborating with celebrities on new collections; new partnerships span a homeware collection with singer Rita Ora and fashion with TV presenter Emma Willis.

 

Next’s large UK store base also makes it ideal for online fulfilment; many stores double as Amazon Hub collection points, and some also contain “stores within stores” promoting mobile operator O2. Next has made a series of environmental pledges, promising to divert waste from landfill, reduce its carbon footprint, and source materials through sustainable routes.

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