Fashion giant Next has increased its full-year profit guidance again after enjoying a bumper Christmas trading period.
In the eight weeks to December 25, Next’s full-price sales were up 20% compared with the same period pre-pandemic – £70m ahead of its previous sales guidance.
The retailer said it had increased full-year profit before tax guidance by £22m to £822m – up 9.8% versus two years ago. For the period, total online sales were up 45% compared with pre-pandemic levels
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