Dec 30, 2019

Next saviour David Jones dies aged 76

David Jones, the chief executive who saved Next from collapse in the 1980s and mentored the fashion chain's current boss, has died aged 76 after a decades-long battle with Parkinson's disease. Sir David joined Next after the company acquired Grattan, the mail-order business he ran, in 1986. By the time Sir David was succeeded as chief executive by Simon Wolfson in 2001, Next was worth £3.5bn. "David was remarkable," said Lord Wolfson, who is now the longest-serving chief executive of a FTSE 100 company. Retail commentator Richard Hyman said Sir David was "An enormously significant figure in a very significant company". His career after stepping down from Next was marred by controversy.

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