Next Plc
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Next Plc - overview
Location
Leicester, -, UK
Primary Industry
Retail
About
Next Plc is a retail company specializing in clothing, footwear, and home products, catering to diverse consumer needs with an emphasis on quality and style across multiple channels. Next Plc is a retail company based in Leicester, UK, primarily engaged in the fashion and home goods sectors. Founded by Dileepa Thilan, Florentino Perez, Kevin Asia, Michael Blackie, Nicolas Tessier, Rhian Sampson, Sarvinoz Raufova, and Sudhanshu Yadav, the company has evolved its business strategy to enhance its online presence and expand its product offerings. The current CEO is Curtis Caldwell, alongside Sachiko Inamura.
It operates a strong network of retail locations and online platforms, serving markets in the UK, Ireland, and continental Europe. NEXT plc primarily offers a wide range of clothing, footwear, and home products, catering to various segments of the retail market. The company's core product offerings include fashion apparel for men, women, and children, alongside footwear and a selection of homeware items such as furnishings and décor. These products are designed to meet the diverse needs of consumers looking for quality, style, and affordability.
NEXT plc has established a strong presence in several geographical markets, including the United Kingdom, Ireland, and continental Europe, where it targets both retail and online shoppers. The company's customer base encompasses a broad demographic, including families and individuals seeking contemporary fashion and home solutions. NEXT plc generates its revenue primarily through direct retail sales, e-commerce transactions, and a network of third-party partnerships. In the most recent fiscal year 2024, the company reported revenue of USD 6850.
1 mn and an EBITDA of USD 1545. 5 mn. The business model includes both B2C (business-to-consumer) and B2B (business-to-business) transactions, with substantial income derived from the sale of fashion items and home products to end consumers through physical stores and its online platform. The company’s pricing strategy is structured to offer competitive rates on its flagship products, which are well-known for their quality and style.
Primary Industry
Retail
Sub Industries
Drug Stores/Convenience Stores, Department Stores, Clothing Stores
Website
www.nextplc.co.uk
Total Amount Raised
Subscriber access only
Next Plc - timeline of key events
Next Plc - financials
| Fiscal Year Ended | Jan 26, 2013 | Jan 25, 2014 | Jan 24, 2015 | Jan 30, 2016 | Jan 28, 2017 | Jan 27, 2018 | Jan 26, 2019 | Jan 25, 2020 | Jan 30, 2021 | Jan 29, 2022 | Jan 28, 2023 | Jan 27, 2024 | Jan 10, 2025 | Jan 25, 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 3,562,800,000 | 3,740,000,000 | 3,999,800,000 | 4,176,900,000 | 4,097,300,000 | 4,055,500,000 | 3,917,100,000 | 3,997,500,000 | 3,284,100,000 | 4,376,500,000 | 5,034,000,000 | - | - | - |
| % Revenue Growth (YoY) | - | 5.0% | 6.9% | 4.4% | (1.9%) | (1.0%) | (3.4%) | 2.1% | (17.8%) | 33.3% | 15.0% | - | - | - |
| EBITDA (USD) | 812,300,000 | 840,200,000 | 924,500,000 | 980,100,000 | 942,400,000 | 878,900,000 | 882,400,000 | 1,113,400,000 | 700,100,000 | 1,126,100,000 | 1,161,500,000 | - | - | - |
| Operating Income (USD) | 695,100,000 | 722,800,000 | 812,100,000 | 867,200,000 | 827,700,000 | 759,900,000 | 762,000,000 | 853,900,000 | 444,500,000 | 905,400,000 | 941,500,000 | - | - | - |
| Operating Margin | 19.5% | 19.3% | 20.3% | 20.8% | 20.2% | 18.7% | 19.5% | 21.4% | 13.5% | 20.7% | 18.7% | - | - | - |
| % EBITDA Margin | 22.8% | 22.5% | 23.1% | 23.5% | 23.0% | 21.7% | 22.5% | 27.9% | 21.3% | 25.7% | 23.1% | - | - | - |
| NET Income (USD) | 508,600,000 | 553,200,000 | 634,900,000 | 666,800,000 | 635,300,000 | 591,800,000 | 590,400,000 | 610,200,000 | 286,700,000 | 677,500,000 | 710,700,000 | - | - | - |
| % Net Margin | 14.3% | 14.8% | 15.9% | 16.0% | 15.5% | 14.6% | 15.1% | 15.3% | 8.7% | 15.5% | 14.1% | - | - | - |
Next Plc - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Reiss Limited | - | ||||||||
| Trade Sale | Completed | Cath Kidston Limited | - | ||||||||
| Trade Sale | Completed | Reiss Limited | - | ||||||||
| Trade Sale | Completed | Reiss Limited | - | ||||||||
| Trade Sale | Completed | Lipsy Limited | - |
Displaying 1 - 5 of 7
Next Plc - employee data
Next Plc - key contacts
| Name | Position | Start Date | End Date | Vcard | Bio | ||
|---|---|---|---|---|---|---|---|
| Chairman, NExT Client Advisory Board | BM |
BM Board Member
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