Home › Next saves GBP290m on stock costs as sales slump
 

Keywords :   


Next saves GBP290m on stock costs as sales slump

2020-04-29 13:07:00| Daily apparel & textile news and comment - from just-style.com

UK clothing retailer Next has saved around GBP290m (US$360m) on stock purchases, after cancelling orders it "no longer needs" because of store and warehouse closures due to try to halt the spread of Covid-19, and moving other stock into future seasons.

Tags: sales stock costs saves

Category:Consumer Goods and Services

Latest from this category

All news
26.11Trump threatens China, Mexico and Canada with new tariffs
26.11New cash for job centres in plan to boost workforce
26.11AI spurs 'revolution' for some visually impaired people
25.11Broadcast continues seasonal ascent in the U.S. in October
25.11Spanglish Movies launches ad-supported streaming with FAST Channels TV
25.11Macy's says worker hid more than $130m in costs
25.11Extra 300m will not cover UK tax hike - Robison
25.11Barclays fined 40m over 'reckless' Qatar fundraising
Consumer Goods and Services »
26.11
26.11AKG WMS40 PRO MINI DUAL INST
26.1139THIRTY
26.1118
26.11 v-10
26.11 19 4000MHG
26.11KING GOLF. VOLUME 131.34.36.38.39
26.11
More »