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Sosandar to expand into homeware through Next licensing deal
Womenswear brand Sosandar is expanding its reach and stepping into the homeware market through a new licensing agreement with British retail giant Next. The deal expands on the duo’s already existing relationship, through which Next continues to stock Sosandar’s clothing range where it has seen a reported “success”, according to this latest...
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Next stakes claim in premium fashion market with Seasons launch
British retail giant Next is making an ambitious move into the premium fashion segment with the launch of Seasons, a new multi-brand e-commerce platform. The venture marks a significant strategic shift for the high street retailer, as it seeks to capture market share in the wake of recent industry consolidation. The platform will debut with a...
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Next Q3 results exceed guidance, raises full year forecast
Next full price sales in the third quarter were up 7.6 percent versus last year, 2.6 percent ahead of the company’s guidance of 5 percent growth. The company attributed the strong performance to the early arrival of colder weather this year, versus an unusually warm September and early October last year. Next is increasing guidance for the...
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