Member Info for Bigdaddypump

"This is painful. So you’re really saying Next’s focus is being an online market place. Ask 100 people in the street what they are and they will likely say a clothes shop or something similar. Yes, they do lots online as most retailers do AND a fair chunk of that is marketplace but that is a world away from Debenhams."

As one example from Next Plc, is that why they closed all their Fatface stores to focus on digital ?

"Debs has been propped up by a load of other failing brands - which are no doubt failing at a faster rate as a result of propping up debs, hence the 41 percent decline in h1 this year across youth brands."

True. Then why does Next continue to buy failing brands too ? Were it not boohoo were in a similar position 5 years ago? So this may come back to haunt Next :-)

'There’s the difference (plus the high street presence, growing revenue, the (huge) profit etc. etc.) '

Next Plc total group retail high street sales 2024: £1.865 bn 2025: £1.849bn. Net store openings 2024 to 2025: one.

"Selling online and having an online marketplace are 2 very different things"

Very true:

Next plc full price sales analysis:

NEXT brand £1,304m +3.1%

Wholly-owned brands and licences £179m +4.4%

Third-party brands £783m +9.8%

Total Online UK £2,266m +5.4%

Hexam,

"So what? Is it their main focus? "

Answer: yes.

Next plc sales to Jan 2025; £1.85bn retail , £2.5bn online

With Jan report mentioning focus on following :

'● Improving website functionality and delivery services.

● Improving the effectiveness of our digital marketing.

● Developing third-party relationships.'

Hexam, you do realise next.com has been a third party marketplace for 20 years+?

My point still stands

Hexam

"2. As it is a marketplace a lot less revenue will be generated per visit than companies like Next if the conversion rates are similar - maybe as low as 10% versus non-market place. In other words you would expect a relatively high number of visits for such a model compared to those less structured that way."

Hexam, You do realise next is a third party marketplace too? And ofc Boohoo and co were on there a few years ago.

"By investing in this company it's safe to say big daddy has been rogered more times than a coppers radio."

Dear Friend, risk comes with everything. The price and mcap has already factored everything in to take that risk. Now we no longer have that overdressed Asian marketstall trader as CEO so everything is onwards and upwards. Obviously i was not dumb enough to buy at 300p so let us be positive

Gone are the days of the Kamanis spending SCB's money on Mariah Carey and Andrea Bocelli. Turnover will be down but profits will be strong. We are starting at ground zero again.

Https://www.fool.co.uk/2026/01/14/with-1-taken-out-can-lloyds-share-price-surge-again-in-2026/

Very true cwwx

Points 2 &3 are valid, meaning sales are down but profits are up as you need no costs to design, manufacture, store, deliver or market them. So in the end , it works out the same or in most cases better as with JD.

Plt went through a rebrand and had an asset value of £140m according to Companies House last year. This is around -60% from when Bohoo bought them for. The rebrand looks like a cross between Alo, Yezzy, Skims and Superdry. Website traffic on plt is up month on month. Total Visits last 3 months: Dec 4.92M, Nov 4.52M, Oct 4.09M

Wise words baz.

Been burnt many times thinking a share company will go billions. Lessons learnt. Anything goes on tge st9ck market. Seen it all

Sold about 2/3rds of my holdings yesterday and today. Cant make the same mistake again not locking in profit. Always thought 190p was the most realistic target and has been realised. Cannot be greedy again but may regret selling here.

December stats :

Most Visited Apparel & Fashion Websites in the United Kingdom, Updated December 2025

December 2025

next.co.uk

36.55M

marksandspencer.com

29M

shein.co.uk

19.37M

debenhams.com

19M

very.co.uk

16.81M

asos.com

16.65M

jdsports.co.uk

16.5M

mandmdirect.com

11.86M

primark.com

11.28M

There is no news so why fabricate something unecessary to pump the sp?

This will ne 15p by summer fosho

Scb, you actually historically have made good points on most of yr posts.

I too would would be angry with Kamani, esp when you see him in dubai with his sons living out the high life on luxury yachts and mega mansions.

I too would be angry seeing my £1m turn to £100k esp when that £1m in Lloyds would now be worth £3mil

20p soon enough

I offloaded some earlier as my first tp1.

Looking at Seraphim rn then back into Ftc then back into Spacex later this yeaf . Spacex also could be a SPAC by way of Tesla .