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...“It has been a long time since we started a year in a more positive frame of mind,” said chief executive Lord Simon Wolfson....
...Chief executive Lord Simon Wolfson said: “Last year was much better than we anticipated at this time last year, and the group has delivered its highest ever levels of revenue and profit....
...However, Wolfson insisted that difficulties with access to the Suez Canal were currently “an inconvenience, not a crisis”, and Next had plenty of stock in its warehouses and in stores....
...Boss Simon Wolfson expects there will be more brands Next can hoover up. The mid-market names that struggle tend to offer “one look”, says PwC’s Kien Tan....
...Wolfson believes that giving customers more choice will prevent them from defecting to competitors....
...Wolfson said many local authorities wrongly believed that they had taken the necessary steps to equalise pay between men and women following a 1997 agreement thrashed out between unions and councils....
...Wolfson said that increasing efficiency in warehouses, driven by investment in automation, had been a key factor in reducing costs....
...Upgrades from cautious chief executive Simon Wolfson are nothing new....
...However, with monthly inflation at 1.2 per cent, Wolfson argued that a 5 per cent pay rise would therefore mean a 3.8 per cent boost to people’s real income at that time....
...Lord Simon Wolfson, chief executive, said full price sales rose 5.7 per cent last year. Next expects the figure to moderate to 2.5 per cent for 2024 with profit growth of 5 per cent....
...“Our view is that we don’t know,” says its long-serving chief executive Lord Simon Wolfson....
...Lord Simon Wolfson, chief executive of clothing retailer Next, said the changed routing was “an inconvenience, not a crisis”....
...Wolfson believes there may still be room for market share growth in the group’s core business. But he cautions that opportunities to expand are “less numerous than they were”....
...Brewer’s study of 18th-century English culture, The Pleasures of the Imagination, won the 1998 Wolfson Prize for history, an award celebrating the art of balancing research with readability — the author’...
...CLO investors are carefully monitoring their exposure to loans rated just above triple-C in case they are downgraded, according to Kevin Wolfson, a leveraged loan manager at PineBridge Investments....
...Simon Wolfson has led Next for more than two decades. Sir Ivan Menezes helmed Diageo for more than a decade. Roger White, CEO of soft-drink maker AG Barr, is stepping down after more than 21 years....
...Wolfson did not say what he thinks the rate should be....
...The key to making sustainable profits over the long term is protecting gross margins, thinks chief executive Lord Wolfson....
...“The year ahead looks like it will be challenging,” said chief executive Simon Wolfson....
...Chief executive Simon Wolfson said: “The year ahead looks like it will be challenging: the combination of inflation in our cost base and top line sales, which are likely to edge backwards, is uncomfortable...
...Wolfson said that LDI strategies had “always looked like a time bomb waiting to go off”....
...Shares in the high street bellwether fell almost 8 per cent following the profit warning and comments by Lord Simon Wolfson, who commands respect as the longest-serving boss in the FTSE 100....
...Lord Simon Wolfson, the chief executive of Next and a Conservative peer, told a panel discussion in December that the planning system puts too much power “in the hands of people who already own” and that...
...“We’re definitely seeing an uptick,” said chief executive Lord Simon Wolfson. “It probably eroded margins by 0.2 per cent in the first half.”...
...This is its first investment in the company, while Wolfson holds 1 per cent of Next separately. Given its scale, the deal certainly represents a vote of confidence....
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