Executive Summary
- British fashion retailer Next reported that total full-price sales growth strengthened to 1.5% during the holiday trading period ended December 24. This compared to company guidance for a full-price sales decline of 0.3%.
- Full-price store-based sales growth remained very weak, falling by 6.1%. Online and catalog full-price sales grew by 13.6%.
- Reflecting improved trading, the company raised full-year sales and profit guidance slightly.
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