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The Guardian - UK
The Guardian - UK
Business
Sarah Butler

Next raises profit outlook again and says prices could fall in spring

General view of a Next store in London
Next said its sales were bolstered by the sunny weather in May and June. Photograph: Ian West/PA

Next has raised its full-year profit expectations for the third time in four months and signalled that prices could start to fall next spring for the first time in three years.

The fashion and homewares retailer upped its annual profit guidance by £30m to £875m as it said better ranges, the sunny spring and pay rises for many of its customers had helped lift sales.

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