Next in cautious mode


Next in cautious mode

Whilst Next Directory sales were 3.3 per cent up for the 13 weeks to 29th April, compared to last year, overall sales were reported to have fallen by 8.1 per cent. Lord Wolfson had earlier warned that its full year group profit guidance (pre-tax) is expected to range between £680 million – £740 million as opposed to its earlier figures of between £680 million – £780 million. Next is one of a number of mid range clothing and homewares retailers finding that customers have reined in their spending.

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