Next Property Director to leave company next year

Retailer Next announced Thursday that its Property Director is planning to leave the company in June of next year, and step down from the board in May 31st of this year.

In its statement the group said: "Andrew has been an immensely important part of Next's history and success. During his time with the group he has served as Managing Director of Retail, Managing Director of Directory and, since 1991, in his current role as Group Property Director.

"In this position, Andrew has taken our property portfolio from one million square feet in 1991 to almost seven million today."

The share price edged 0.07% higher to 4,618p by midday.

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