Next Plc owns and operates retail stores. It offers fashionable accessories for men, women and children along with home wares. It operates through following business segments: NEXT Retail, NEXT Online, NEXT International Retail, NEXT Sourcing, Lipsy, and Property Management. The NEXT International Retail segment is comprised of franchise and wholly owned stores overseas. The Next Online segment includes international online sales. The Property Management segment holds properties and property leases which are sublet to other segments and external parties. The company was founded by Hepworth Joseph in 1864 and is headquartered in Leicester, the United Kingdom.