The Latest Breaking News from Simon Wolfson

Next boss Simon Wolfson today declared that internet retail shopping has peaked and that the future of the high street is sunny as his company headed towards annual profits of £1 billion for the first time.

Next sales online jump in the last quarter leaving the high street giant on track for £1 billion of profits next year, a level few UK retailers have ever matched.

Matt Hood says shoplifting increasingly seen as crime with no consequences with rise in organised gangs looting stores

BoE policymakers were split 5-4 on interest rates this month, with a narrow majority voting to leave Bank rate at 5.25%

Return to offices boosts demand for traditional smart clothing

If current trends continue there will be two titans fighting over the scraps of fashion retail: Simon Wolfson and Mike Ashley.

A tribunal agreed that the work of 2,000 female Next sales staff was of equal value to that of males in the firm’s warehouses who earn between £2 and £14 an hour more

Chain’s CEO Simon Wolfson warns of ‘very challenging’ 2023 after signalling price rises of 7%

British fashion retailer Next (NXT.L) reported a better-than-expected 5.7% rise in annual profit on Wednesday and said it would not need to increase prices by as much as previously thought. However, it still expects higher spending on wages, energy and technology to reduce its profit this year, and the retailer's…