UK retailer Next looking for acquisition opportunities – CEO

  • Date: 17-Sep-2020
  • Source: Zawya
  • Sector:Retail
  • Country:Middle East
  • Who else needs to know?

UK retailer Next looking for acquisition opportunities – CEO

UK retailer Next looking for acquisition opportunities - CEO Next expanded its beauty business by taking on five former Debenhams beauty departments in May    Shoppers walk past a former branch of the British clothing retailer Next, now converted into an independent gift shop on Oxford Street in London, Britain, January 3, 2019. LONDON - British clothing retailer Next is looking for small acquisition opportunities thrown up by the coronavirus pandemic, its boss said on Thursday."I don't think you'll see an enormous deal go through but we are looking for active opportunities...in particular certain platform type opportunities," Chief Executive Simon Wolfson told Reuters.In May, Next expanded its beauty business by taking on five former Debenhams beauty departments, while this month it agreed terms with Lbrands to set up a joint