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The nature of the business of Next PLC and relevant information of the industry. (500 words) This...

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Finance

The nature of the business of Next PLC and relevant informationof the industry. (500 words)

This information should be available in the Annual Report and afive-year summary in the annual report should be the startingpoint. Additional information should be available online. Issues,such as the trends in growth of sales and profits, profitabilityand any other key indicators for this company and the sector shouldbe included on this part of the report.

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Next PLC is a retail chain which was launched in February 1982Next operates with over 500 stores in UK and Eire it also has over200 stores in 40 countries overseas A brief look at their 5 yearfinancials Source Annual Report NextPLCTrends in growth and profits There has been an annual compounded growth of 496 in totalsales over the time period under consideration This despite thechallenging business environment in the European regions Therewere multiple economic political factors Brexit Euro criseswhich plagues the business environment over the last 3 years NextPLC has ensured a consistent growth pattern The brand    See Answer
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The nature of the business of Next PLC and relevant informationof the industry. (500 words)This information should be available in the Annual Report and afive-year summary in the annual report should be the startingpoint. Additional information should be available online. Issues,such as the trends in growth of sales and profits, profitabilityand any other key indicators for this company and the sector shouldbe included on this part of the report.

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