Next plc - statistics & facts

Next plc is a British high street retailer that mainly sells apparel and accessories. The company also sells items for the home and garden, from sofas to flowers and plants. Founded in 1864, in Leeds, England, the company has expanded to locations across United Kingdom and Ireland. The store also has franchises in other countries. Next has expanded over recent years by acquiring other clothing and homeware companies, such as Joules, made.com, and part of Reiss.

Next’s sales and revenue

In Next’s financial year 2023, which ended January 28, 2023, the company made revenues totaling more than five billion British pounds. This represented record revenues for the retailer, improving on the previous year’s revenue by roughly 400 million pounds. Outside of the UK, where the vast majority of revenue is generated, Next made approximately 415 million pounds in revenue in the rest of Europe, making it the second largest market. This was followed by the Middle East and then Asia. For the past four years online sales have been higher than retail sales, reaching more than three billion pounds in 2023.

Competitors

Next ranked as the best-known fashion store brand in the United Kingdom in 2022, with 94 percent of consumers saying they recognized the brand. Primark and M&S made up the top three, both of which also have a homewares range. Primark operates at the value end of the market and made a revenue of 7.7 billion pounds in the company’s 2022 financial year. Marks and Spencer advertises itself as a more upmarket retailer. As well as fashion and homewares, M&S also has a large food division.
This text provides general information. Statista assumes no liability for the information given being complete or correct. Due to varying update cycles, statistics can display more up-to-date data than referenced in the text.
Published by P. Smith, Mar 19, 2024

Key insights

Revenue of the apparel market in the United Kingdom
67.81bn GBP
Average price of apparel in the UK
16.16 GBP
April retail sales value in textile, clothing and footwear stores in Great Britain
5.02bn GBP
Get more insights

Editor’s Picks Current statistics on this topic

Revenue of the apparel market in the United Kingdom (UK) from 2014 to 2027, by category (in billion GBP)

Fashion & Accessories

Revenue of the apparel market in the UK by category 2014-2027

Annual revenue of Next plc from financial year 2012 to 2023 in the United Kingdom (UK) (in million GBP)

Fashion & Accessories

UK: Next group revenue 2012-2023

Number of Next plc retail stores in the United Kingdom (UK) and Ireland as of financial year 2012 to 2023

Fashion & Accessories

Next plc store numbers in the United Kingdom (UK) and Ireland 2012-2023

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Apparel market in the United Kingdom (UK)
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Department stores in the United Kingdom (UK)
Department stores in the United Kingdom (UK)
Apparel market worldwide
Apparel market worldwide
Primark
Primark

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