Next
- Company typePublic
- Founded1982
- HeadquartersEnderby, United Kingdom
- Headcount5,001–10,000
- GTM typeB2C
- OfferingServices
Next firmographics
Firmographics- Name
- Next
- Legal name
- Next plc
- Website
- https://nextplc.co.uk
- Company type
- Public
- Founded year
- 1982
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Ownership category
- akta.pro rank
Next industry classification
Industry- Product category
- Fashion and Homeware Retail
- NAICS
- Clothing and Clothing Accessories Retailers (45811), Shoe Retailers (4582), Furniture Retailers (44911), General Merchandise Retailers (455)
- SIC
- Retail-Catalog & Mail-Order Houses (5961), Retail-Women's Clothing Stores (5621), Retail-Shoe Stores (5661), Wholesale-Furniture & Home Furnishings (5020)
- akta.pro primary industry
- Fast Fashion & Trend-led Apparel Retail (CRAAABAH)
- akta.pro secondary industries
- Apparel, Footwear & Accessories Online Retailers (CRAFADAB), E-commerce & Direct-to-Consumer (DTC) Brands (TLAIALAG), Apparel, Footwear & Accessories Returns (TLAAALAC), Closeout Home, Furniture & Decor Retail (CRAEAFAI)
Keywords
Where Next is headquartered
LocationHeadquarters
- HQ city
- Enderby
- HQ country
- United Kingdom
- HQ region
- Europe
Offices1 record
Markets served
Next business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Supply Chain, Operations, Infrastructure, Personnel, Marketing or Sales, Technology or R&D
Revenue model
- Retail Product Sales: Core business generating revenue from clothing, footwear, accessories, home products, and beauty items sold through physical stores and online channels. E-commerce accounts for 57% of total group sales of £5.99 billion for FY2025.
- Third-Party Platform Services: Next provides e-commerce platform, logistics, warehousing, and fulfillment services to external brands, generating platform services revenue beyond traditional retail margins. The company competes directly with pure-play digital marketplaces.
- International Franchise: Revenue from international franchise stores and digital platforms in markets outside the UK, with international sales delivering strongest growth at 35% and contributing £297 million in cash.
Go-to-market motion2 records
Distribution channels6 records
Marketing channels7 records
Next product offering
Product offeringCore offering
Next plc is a UK-based multi-channel retailer operating the core NEXT brand selling clothing, footwear, accessories, and home products through 899 physical retail stores and the proprietary next.co.uk e-commerce platform, which represents 57% of group sales. The company has expanded through acquisitions of brands such as FatFace, Joules, Made.com, Russell & Bromley, JoJo Maman Bébé, and Seraphine, and operates joint ventures including Victoria's Secret UK & Ireland.
Product overview
NEXT plc is a UK-based multi-channel fashion, homeware, and beauty retailer operating under a platform-plus-multiple-brands model. The core NEXT brand offers clothing, footwear, accessories, and home products through physical stores and e-commerce (next.co.uk). The company has expanded through acquisitions including Joules, FatFace, Made.com, Russell & Bromley, and JoJo Maman Bébé, and operates joint ventures such as Victoria's Secret & Co. in the UK and Ireland and Bath & Body Works. The portfolio also includes the Lipsy brand. Total group sales exceeded £7 billion with pre-tax profits of approximately £1.2 billion.
Differentiator
Problem solved
Functional benefit
Products and services
- NEXT Brand (Clothing, Footwear, Accessories, Home Products)
- Victoria's Secret UK & Ireland
- Bath & Body Works
- Made.com
- Russell & Bromley
- Joules
- FatFace
- JoJo Maman Bébé
- Seraphine
- Total Platform Services
Quantifiable outcome
- Full-price sales growth of 10.9% to over £7 billion
- +3 more outcomes
Companies that use Next
Customer profileNamed customers2 records
Segments1 record
Ideal customer profiles2 records
Next technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Next partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered minor and core.
- GapminorGap is returning to the UK high street with three new stores and partnerships with Next. Gap products are being distributed through Next stores.
- MyntracoreUK-based fashion retailer Next opened its first physical store in India in September 2025 in partnership with Myntra, marking a significant expansion of its offline presence in the Indian market.
- Victoria's Secret & Co.coreNext has expanded its joint venture with Victoria's Secret & Co. to target the UK and Ireland markets, combining two global retail leaders to deliver lingerie, apparel, and beauty products. The partnership supports Next's strategy to diversify beyond traditional retail.
- ZalandocoreNext partnered with Zalando for European warehousing consolidation as part of its international expansion strategy, improving stock availability and delivery capabilities across European markets.
- Third-Party Brands (Total Platform)coreNext has developed an omnichannel platform, marketplace, and logistics network offering technology, logistics, and fulfillment services to third-party brands. This positions Next to amortize fixed costs across partner volume while reducing dependence on its own brand's fashion cycle.
Scale indicators10 records
Recent moves6 records
Expansion highlights6 records
Next competitors and assessment
Company assessmentDirect peers
- Marks & Spencer: Marks & Spencer is the closest UK high-street peer to Next, combining clothing, home, and beauty across physical stores and a growing online channel, competing directly for the same mainstream UK consumer.
- ASOS: ASOS is a UK-headquartered online fashion retailer; Next explicitly names ASOS as a competitor to its Total Platform, and the two compete for share of UK online apparel and brand partnerships.
- Zalando: Zalando is Europe's leading fashion and lifestyle platform; Next is both a partner (European warehousing consolidation) and an explicit competitor in Total Platform services across Europe.
- Boohoo Group: Boohoo is a UK-headquartered digital-first fashion group targeting similar younger, value-oriented shoppers with an online-only model, overlapping Next's online apparel and platform ambitions.
Broad incumbents
- Primark (Associated British Foods): Primark competes with Next on UK affordable fashion and gifting categories through its large store footprint; it is a broader incumbent within ABF rather than a digital-platform specialist.
- John Lewis Partnership: John Lewis is a UK omnichannel retailer with overlapping apparel, home, and beauty ranges and a strong online platform, making it a comparable incumbent in Next's core categories.
- H&M: H&M is a global fast-fashion multichannel retailer with strong UK store and digital presence, competing with Next for mid-market fashion shoppers across women's, men's, and kidswear.
- Inditex (Zara): Inditex operates Zara and adjacent brands globally with fast-fashion supply chains; it competes with Next internationally on trend-led apparel and increasingly on integrated online platforms.
- JD Sports: JD Sports is a FTSE-listed UK omnichannel sportswear and fashion retailer with significant UK and international store and online scale, comparable as an apparel-led listed UK retail incumbent.
Emerging players
- Gap Inc. Gap is both a strategic partner (Gap products distributed through Next UK stores from October 2025) and a competing US-headquartered apparel retailer, providing overlap on multi-brand apparel category management.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Next social profiles
Digital presenceNext compliance and trust
Trust signalCompliance9 records
Next financial estimates
Financial estimateRevenue estimate
Valuation estimate
Next leadership team
Management profileNumber of profiles
Profiles8 records
Next subsidiaries and ownership
Company hierarchySubsidiaries5 records
Next funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Next M&A and investment
M&A and investmentM&A5 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Next
What does Next do?
Next plc is a UK-based multi-channel retailer operating the core NEXT brand selling clothing, footwear, accessories, and home products through 899 physical retail stores and the proprietary next.co.uk e-commerce platform, which represents 57% of group sales. The company has expanded through acquisitions of brands such as FatFace, Joules, Made.com, Russell & Bromley, JoJo Maman Bébé, and Seraphine, and operates joint ventures including Victoria's Secret UK & Ireland.
Is Next a public or private company?
Next is a public company. It is classified as public and is currently operating.
When was Next founded?
Next was founded in 1982. It employs 5,001 to 10,000 people.
Where is Next based?
Next is headquartered in Enderby, United Kingdom, in the Europe region.
How does Next make money?
Three revenue lines are on record. Retail Product Sales are the primary driver. The others are third-Party Platform Services and international Franchise.
Who are Next's main competitors?
Direct peers on record are Marks & Spencer, ASOS, Zalando and Boohoo Group. Broad incumbents are Primark (Associated British Foods), John Lewis Partnership, H&M, Inditex (Zara) and JD Sports. Gap Inc. is listed as an emerging player.
Does Next have an API?
No public API is recorded for Next.
What industry is Next in?
Next's product category is Fashion and Homeware Retail. Its primary akta.pro industry code is CRAAABAH, Fast Fashion & Trend-led Apparel Retail, with a secondary code of CRAFADAB, Apparel, Footwear & Accessories Online Retailers. Its NAICS code is 45811 and its SIC code is 5961.