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The Independent UK
The Independent UK
Business
Holly Williams

Next profit off rival Marks & Spencer’s cyberattack and warm weather

Next has significantly upgraded its annual sales and profit forecasts, attributing the stronger-than-expected performance to favourable weather and disruption faced by rival Marks & Spencer.

The fashion and homewares retailer reported a 10.5 per cent surge in full-price sales for the second quarter to 26 July, contributing to a 10.9 per cent rise for the first half of the year.

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