Next raises profit guidance as sales boom
Next has increased its full-year profit guidance for the third time this year as sales and profits boomed during its first half.
The fashion giant reported profit before tax of £420m for the six months to July 2023, up 4.8% compared with the same period in 2022.
Total group sales were up 5.4% year on year to reach £2.64bn during the period, while the retailer said its brand full-price sales also increased by 3.2%.
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