Management at high street giant Next have welcomed better than anticipated trading over what many feared would be a tough Christmas period.
The business said sales of its full-price items were up almost 5 per cent year-on-year in the nine weeks to December 30 – having previously predicted that trade would be down 2 per cent.
Based on the figures, the Leicestershire-headquartered business said it thought its pre-tax profits for the full year would be £20 million higher than first estimated at £860 million – up 4.5 per cent on the previous year.
