Sir David Jones CBE, the former chairman and chief executive of retailer Next, passed away late last month.

David was responsible for taking next from the brink of collapse to becoming a leading high street player in the 1990s.

"David will be remembered by many of his colleagues as the man whose courage, good sense, kindness and hard work navigated the company through its most demanding moments in the late 1980s until his retirement in 2006," reads a statement from the business. "David was a true friend of Next and our thoughts are with his family at this time."