Bloomberg News

Retailer Next Plans Chinese Website, Independent on Sunday Says

July 29, 2012

Next Plc (NXT) is planning a Chinese- language website to bolster its rising online sales of clothing and household goods, the Independent on Sunday reported, without saying where it got the information.

Next, which delivers to 57 countries and has websites in Russian and German, is forecast to report a decline of 3 percent in store sales compared with an 12 percent rise in the online and catalog business for the first half of the year, the the newspaper said, citing unnamed analysts at Investec Plc. (INVP)

To contact the reporter on this story: Erik Larson in London at elarson4@bloomberg.net

To contact the editor responsible for this story: Anthony Aarons at aaarons@bloomberg.net


Cash Is for Losers
LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus