Next Profit Gains as U.K. Retailer Surpasses M&S for First Time

Joan Smalls in Next's SS2014 lookbook | Source: Next

LONDON, United Kingdom — Next Plc, the U.K.’s second-largest clothing retailer, reported a 12 percent increase in full-year earnings, making more money than Marks & Spencer Group Plc for the first time in the brand’s 32-year history.

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M&S Investors Bank on Next-Style Cash Returns as Sales Decline

Marks & Spencer store in Manchester | Source: Shutterstock

LONDON, United Kingdom — Marks & Spencer Group Plc Chief Executive Officer Marc Bolland doesn’t make as much money selling clothes as smaller rival Next Plc. To soften the blow, some investors would like him to mimic his competitor’s record on giving back cash.

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Scarves make a comeback, Next counts losses, Hermès wins AMF ruling, Fresh fashion faces, The Sartorialist at work

U, featured on J'aime mon Carre | Source: J'aime mon Carre

Fashion Ties the Knot (WSJ) “Fashion’s most matronly accessory is experiencing a rejuvenation. Silk prints have evolved from hunting scenes to tattoo-like images. Scarves have loosened up… They have moved off the neck to substitute for belts, bandanas, bracelets and even a sling for a broken arm.” Next Counts Cost of Big Freeze (Guardian) “Britain’s second largest clothing chain had fared worse

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Street style icons, Home grown Chinese luxury, Prada’s first-half boost, Next warns of slowdown, Masterful Crisp

On the Street: Fabrizio, Milano on The Satorialist | Source: The Satorialist

Seen on the Street: Strangers as Style Icons (WSJ) “We’ve had the age of supermodels as fashion icons and the age of celebrities. Now comes the age of attractive strangers… BeautifulStranger, The Sartorialist and other photo websites are turning fashion’s focus from models to regular people.” Chinese luxury wannabes try to shake off “Made in China” image (Reuters) “‘I threw away

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Shopping as entertainment, Long-form ads, Personalised social luxury, Cautious outlook from Next, Carrie’s clout

John Varvatos Bowry Street Boutique in the former CBGB | Source: Racked

Can Shopping be Fun Again? (WSJ) “Hoping to lure customers with bar offerings, movie screenings and even rock concerts, retailers are giving a new meaning to one-stop shopping.” Why Long-Form Ads Are the Wave of the Future (Advertising Age) “Since Lady Gaga’s …”Telephone” made its debut a few weeks back, it’s garnered 28 million views on YouTube, been watched on nearly 500,000

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