Leeds has long been etched in history as a textile and industrial hub. In past centuries, the city thrived on textile production, with mills and factories churning out threads, fabrics, and wool. Among the many businesses originating from Leeds is Next, a British multinational retailer of clothing, footwear, and home goods. Today, Next is a globally recognised brand, but its journey began in Leeds. Here’s the detailed story of its origins and rise. Next on leedska.com.
The Founding of Next
The story of Next dates back to 1864, when Joseph Hepworth, a tailor from Leeds, established Joseph Hepworth & Son. Initially operating as a partnership, Hepworth took sole control of the business in 1872 and quickly expanded. He was a pioneer in retail chain development in Britain, and by 1884, Joseph Hepworth & Son boasted 100 outlets.
For many years, the company specialised in men’s suits. In 1963, it partnered with Savile Row designer Hardy Amies, marking a notable milestone in its history.
The Evolution into Next
As the business grew, so did its ambitions. In 1981, Hepworth acquired Kendall & Sons, a retailer of women’s clothing, for £1.75 million. By this time, the company operated over 600 stores nationwide. Initially planning to convert Kendall & Sons into a chain of women’s clothing stores, Hepworth instead launched an entirely new brand: Next. The first Next stores opened their doors on 12 February 1982.
In 1984, George Davies was appointed CEO. He spearheaded the transformation of 50 stores into the Next format, introducing a broader range of clothing and creating department-style stores for women’s and men’s fashion. By 1986, the company had relocated its headquarters from Leeds to Leicester and officially rebranded as Next plc. That same year, Next ventured into selling children’s clothing and acquired Combined English Stores and Grattan catalog.
However, by 1988, not all stores were performing as expected, leading to financial difficulties. George Davies was dismissed, and the company’s stock value took a hit.
Despite these challenges, Next stabilised and continued its upward trajectory.
In the 21st century, Next has actively expanded its operations by acquiring other brands and businesses. Notable acquisitions include youth brand Lipsy in 2008, Made.com in 2022, and Cath Kidston in 2023.
To cater to a global audience, Next introduced online shopping and catalogues. In 2009, the company launched an online catalogue for the United States. Five years later, it expanded to Ukraine with cross-border e-commerce. Today, Next operates three main divisions: UK retail stores, a home shopping catalogue and website, and international outlets.
Next is beloved by its customers for offering high-quality products at reasonable prices.
The story of Next is a testament to innovation, adaptability, and resilience. From its humble beginnings as a Leeds tailoring business, it has grown into a global retail giant. We hope this article has offered you a deeper insight into the fascinating history of Next.