How Next Built One of Retail’s Most Profitable Models
March 31, 2026
Disciplined inventory control, a capital-light platform and margin-first retailing are
Currencies & Markets
The inauguration of US President Donald Trump sent shockwaves through the currency market as investors weighed the threat of new tariffs.
The euro strengthened to $1.044, a five-week high, reflecting relief that President Donald Trump refrained from imposing tariffs during his first days in office.
The British pound was weighed down by a stronger dollar as Donald Trump was sworn in as President of the United States.
The offshore yuan depreciated as investors grappled with concerns over U.S. President Donald Trump’s trade policies.
The Indian rupee held near the record low of 86.6 per USD mark in January as slower growth increased calls for softer monetary policy by the RBI.
The ECB will likely cut rates again at its first meeting of the new year on January 30, as it continues its policy of gradual monetary easing.
UK economic growth will outpace Germany, France and Italy over the next two years, according to data from the International Monetary Fund. UK GDP is set to expand by 1.6% this year and 1.5% in 2026.
Declining UK retail sales are set to put more pressure on the Bank of England to cut interest rates further and faster.
Markets
Disciplined inventory control, a capital-light platform and margin-first retailing are
Brands wrapped up 2025 with stronger-than-expected earnings. However there are
Higher oil and energy costs are expected to squeeze discretionary
A fragile revenue recovery is facing pressure from tariffs, higher
In uncertain markets, heritage brands are rediscovering that reputation, craft,
Asia and South America are driving retail expansion, but success
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