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The Guardian - UK
The Guardian - UK
Business
Kalyeena Makortoff and Mark Sweney

Next forecasts bigger profits after hot weather lifts sales

A woman walks past a Next storefront on a pedestrianised high street
Next has more than 500 stores across the UK. Photograph: Paul Gapper/Alamy

Next has thanked warmer weather for an “unexpected” boost in sales, leading the clothing retailer to raise its profit forecasts for the fourth time this year.

The FTSE 100 company, which owns the UK rights to the US brands Gap and Victoria’s Secret as well as stakes in labels including Reiss and Joules, raised its expectations for full-year profits by £12m to £1.26bn.

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