21st Mar 2019 17:20
LONDON (Alliance News) - Next PLC said Non-Executive Director Tristia Harrison purchased GBP50,860 in stock on Thursday.
Harrison bought 1,000 shares at a price of GBP50.86 per share.
It has not been disclosed how many shares Harrison now holds following this transaction.
Next on Thursday reported a strong e-commerce sales performance, prompting the fashion and homewares retailer to redouble its efforts online to offset a downward-sloped high street.
Online sales in the financial year ended January 26, rose 15% to GBP1.92 billion, offsetting a 7.9% slump in retail sales to GBP1.96 billion. This points toward web and mobile sales exceeding shop sales in Next's current year, as Next guided for a further decline in retail but continued, though slower, growth online.
Shares in the FTSE 100-listed clothing retailer closed up 2.6% at 5,316.00 pence on Thursday.
Related Shares:
Next