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Wales Online
Wales Online
National
Matt Jackson

Next sales increase despite cost of living crisis

Fashion giant Next revealed sales for the past quarter grew ahead of expectations. It comes despite pressure on customer budgets during the cost of living crisis.

The retailer said its full-price sales rose by 0.4% over the 13 weeks to October 29, compared with the same period last year. That includes a bounce from sales at the group's retail stores, which grew over 3.1% over the quarter.

This offset a 1.9% dip in online sales, which failed to keep up with elevated levels boosted by the pandemic last year. Next told investors it saw improved sales growth in September and October.

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