Targeted at an age range between 20 and 46, with a focus on the 25–35 age group, the Next product range features high-quality, contemporary but not trendy styling, priced at levels affordable to the company’s targeted middle-class market.
WHY IS NEXT PLC so successful? The strong growth in Next’s online sales builds on their catalog heritage—their product selection and stock levels have long benefitted from the in-depth consumer data generated from their popular catalog and now through their online offering Next are further building on their data collection capabilities.
Also, WHO ARE NEXT PLC main competitors? Next Plc’s CEO, Simon Adam Wolfson, currently has an approval rating of 83%. Next Plc’s primary competitors are John Lewis, Debenhams & Dunelm.
WHAT IS NEXT PLC USP?
NEXT Online is its online business that sells clothing and homeware in UK and Ireland. … The USP or Unique Selling Proposition of Next PLC sprawls in being the second-largest clothing retailer by sales after Burberry in the United Kingdom as of 2020.
19 Related Questions and Answers
WHAT IS NEXT PLC strategy?
Business strategies and objectives
The primary financial objective of the Group is to deliver long term, sustainable returns to shareholders through a combination of growth in Earnings Per Share (EPS) and payment of cash dividends.
Is Next Plc ethical?
Our Principle Standards are aligned to the Ethical Trading Initiative (ETI) Base Code. NEXT has been a member of the ETI since 1998. Implementation of and compliance to our Principle Standards is measured through our Auditing Standards, and is a condition of business for all suppliers.
What makes Next Plc unique?
Why we are unique
NEXT Online, with over 5 million active customers globally and websites serving over 70 countries. NEXT operates 8 UK warehouses, 7 UK depots and 3 international hubs providing cost effective and efficient delivery to our Online and Retail customers.
Who is Next Plc biggest online competitor?
Top Competitors of Next
- Hobbs. 1,056. $181 Million.
- Phase Eight. 2,000. $422 Million.
- AllSaints. 3,200. $675 Million.
- Topshop. 18,000. $3 Billion.
- FatFace. 2,830. $300 Million.
- Peacock’s Stores. 1,384. $258 Million.
- Monsoon Accessorize. 3,500. $385 Million.
- Desigual. 3,700. $781 Million.
Who owns Next PLC?
Next plc
| Formerly | J Hepworth & Son (1864–1982) |
|---|---|
| Total equity | £ 660.9 million (2021) |
| Owner |
Next Holdings Limited |
| Number of employees | 44,193 (2020) |
| Website | www.next.co.uk |
Is Next PLC a market leader?
The decreasing footfall to Next stores and the ensuing closures are not the only troubles, though. While Next experienced a decline in retail sales, its online sales delivered only impressive results.
…
Share of clothing market held by Next plc. in the United Kingdom (UK) from 2007 to 2018.
| Characteristic | Market share |
|---|---|
| – | – |
•
Sep 24, 2020
Is next a corporation?
(later NeXT Computer, Inc. and NeXT Software, Inc.) was an American computer and
software
company founded in 1985 by Apple Computer co-founder Steve Jobs.
…
NeXT.
| NeXT’s logo, designed by Paul Rand | |
|---|---|
| Type | Private |
| Defunct | 1996 |
| Fate | Merged into Apple |
| Successor | Apple Inc. |
How does next PLC advertise?
6.3 Promotion
Some of the promotion strategies that NEXT plc can use to promote the given market strategies are through newsletter and personal emails and mobile messaging to their consumers.
WHAT IS NEXT PLC vision?
Our commitment is to offer beautifully designed, excellent quality clothing and homeware products that are well made, functional and safe, sourced responsibly and provide outstanding value to meet or exceed our customers’ expectations.
Will label replace next directory?
Label, fonted by supermodel Jourdan Dunn, and found at thelabel.co.uk, launches on Thursday and will be a bit like an online version of their infamous Next Directory in that the brands on offer will be the same BUT the look and feel of the new site will be clean, cool and fresh.
How environmentally friendly is next?
Next is owned by Next PLC. Its environment rating is ‘not good enough’. It uses few eco-friendly materials. It has set an absolute target to reduce greenhouse gas emissions generated from its own operations but it has not set a supply chain target.
Which high street brands are ethical?
Social and environmental initiatives
| Brand | Better Work | Member of Ethical Trading Initiative |
|---|---|---|
| Primark | Yes | Yes |
| ASOS Group | Yes | Yes |
| Marks & Spencer | Yes | Yes |
| Inditex Group | Yes | Yes |
•
Aug 18, 2021
Is River Island environmentally friendly?
Environment. In all River Island stores, offices and warehouses we are committed to operating in a way that is mindful of the demand on our planet’s limited resources. We have incorporated the use of renewable energy sources into our operations and reduced the levels of product packaging.
How many countries does Next Plc operate in?
NEXT now trades online in more than 70 countries worldwide.
What industry does NEXT operate in?
NEXT plc is a United Kingdom-based retailer offering clothing, footwear, accessories, beauty and home products. The Company’s segments include NEXT Online, NEXT Retail, NEXT Finance, NEXT International Retail, NEXT Sourcing and other.
WHAT IS NEXT PLC mission statement?
Our commitment is to offer beautifully designed, excellent quality clothing and homeware products that are well made, functional and safe, sourced responsibly and provide outstanding value to meet or exceed our customers’ expectations.
Is next directory being replaced by label?
Next is launching a standalone website called Label fronted by supermodel Jourdan Dunn that will stock brands such as Diesel, Superdry, Hobbs and Nike. … Thelabelco.uk will go live on Thursday (13 March) and stock brands from the Next Directory.
Does Next Directory still exist?
Today, Next has over 500 stores in the UK, and around 200 stores in 40 countries overseas. … These new superstores include all the latest ranges from Next’s women, men, children and home as well as concessions by HEMA, Paperchase, Costa and Clarks children’s shoes.
What distribution channels are used by Next?
NEXT operates 3 main distribution channels which include NEXT Retail, a chain of more than 5000 stores in the UK and Eire; NEXT Directory, a shopping catalogue and website with over 4 million customers and international websites; and NEXT International with around 200 franchised stores around the world.
