Next has been facing tough times and its annual results on Friday illustrated that very clearly. It expects those tough times to continue but total sales for the current financial year are predicted to rise 1%.
All eyes were on Next on Thursday as this bellwether firm for the UK retail sector turned in its interim results. And what did we get? More than a touch of gloom but also definite hope for the future added to the mix.
So just how bad were Next’s full-year results? Well, they were not great and the outlook was discouraging with the firm talking about a “sectorial shift” as consumers move their spend away from the fashion sector.
Most bridesmaids hate the dresses they wear, new research from fashion brand Simply be shows. Its survey of 1,0000 UK adult women shows 78% of bridesmaids are unhappy but a switch to an evening style would be popular.
Lipsy, the young womenswear brand, is the latest UK fashion retailer to launch into bridal with a new series of wedding and bridesmaid dresses under its own brand and as part of its Lipsy & Co multi-brand offer.