Fashion and homeware retailer continues winning streak with revenues £55m higher than expected
Next enjoyed better-than-expected spring sales as the UK basked in unusually warm weather, raising hopes of a strong season for fashion retailers after many had a difficult autumn and winter.
The retailer, which recently surpassed £1bn in profit for the first time, continued its winning streak on Thursday as it reported that full-price sales rose by 11.4% in the 13 weeks to 26 April, compared with the same period last year. Revenue was £55m higher than initially expected.
Fashion and homeware retailer continues winning streak with revenues £55m higher than expectedBusiness live – latest updatesNext enjoyed better-than-expected spring sales as the UK basked in unusually warm weather, raising hopes of a strong season for fashion retailers after many had a difficult autumn and winter.The retailer, which recently surpassed £1bn in profit for the first time, continued its winning streak on Thursday as it reported that full-price sales rose by 11.4% in the 13 weeks to 26 April, compared with the same period last year. Revenue was £55m higher than initially expected. Continue reading… Next, Business, Retail industry Business | The Guardian
