Next ruling heralds employment law headache August 28, 2024 The Employment Tribunal accepted that the difference in pay rates between Next’s shop floor staff and their warehouse-based colleagues was not down to “direct discrimination” or the “conscious or subconscious influence of gender” on pay decisions. Why, then, did the retailer lose the claim brought by store staff? The answer concerns the much thornier issue [...]
Asda, Tesco and UK retailers face anxious wait after Next loses £30m equal pay claim August 27, 2024 Britain's supermarkets face an anxious wait after fashion retailer Next lost a major legal battle today over unequal pay in its UK operations.
Another one? Next hikes profit guidance again as sales soar ahead of expectations August 1, 2024 Department store Next has increased its profit guidance for the year as sales soared in its first half of its financial year.
Harley-Davidson sues Next over alleged rip off its biker label June 3, 2024 Harley-Davidson is suing Next in London’s High Court over claims one of the retailer's T-Shirts rips off its logo.
Marks and Spencer: Five charts revealing the remarkable turnaround of a British icon May 25, 2024 Wracked by poor sales figures, rickety online infrastructure and a general identity crisis M&S, the once darling of the British high street has pulled off a remarkable turnaround.
Next: High street bellwether beats market expectations yet again May 1, 2024 Next said that it has projected post-tax earnings per share growth of 4.8 per cent for the year.
Rolls Royce, Antofagasta, Natwest: these top FTSE 100 stocks have returned over 30 per cent this year April 27, 2024 The FTSE 100 does still offer something to get excited about despite a ballooning number of companies leaving the London Stock Exchange.
US licensing partner joins race to buy up remaining assets of embattled Ted Baker April 10, 2024 Ted Baker’s American licensing partner is reportedly the lead contender to take control of the businesses embattled British arm.
Next and Mike Ashley’s Frasers Group mull Ted Baker rescue deal April 9, 2024 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 March 21, 2024 Next topped the FTSE 100 on Thursday, as it once again beat market expectations and trumped rivals amid a challenging period for UK retailers.