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Next’s online strength drives 17% sales rise in latest quarter -Breaking

by Mike Robinson

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© Reuters. FILE PHOTO – A woman poses under an advertisement outside Next’s London branch, September 30, 2014. REUTERS/Andrew Winning

LONDON, (Reuters) – Next, a British clothing retailer reported a 17% increase in its third quarter full-price sales compared with 2019, and retained its full year profit guidance.

Next trades online and in 500 retail stores. It maintained its guidance that full-price sales would rise 10% over 2019-20, and that full-year profits of 800 million pounds ($1.1 Billion) would increase by 6.9%.

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