Acquisition

RNS Number : 5196U
Next PLC
28 March 2023
 

NEXT plc (the "Company")

 

Acquisition

 

28 March 2023

 

The Company announces that it has agreed to acquire the brand name, domain names and intellectual property of CK Acquisitions Ltd from the administrators for consideration of £8.5m.

 

The cathkidston.com domain will be licenced back to the administrators for a period of up to 12 weeks to effect stock clearance, prior to relaunch under the Company's ownership.

 

Ian Blackwell

Company Secretary

 

NEXT plc contact:

Alistair Mackinnon‐Musson, Rowbell PR

next@rowbellpr.com

Tel: 020 7717 5239


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