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Next forecasts bigger profits after hot weather lifts sales

World 1 source 1 country 🔦 Under-reported 7m ago

UK clothing retailer Next has raised its profit forecasts for the fourth time this year, crediting an unexpected boost in sales to warmer weather.

The FTSE 100 company, which also holds the UK rights to American brands Gap and Victoria's Secret, announced the improved financial outlook despite noting that prices could potentially rise in the upcoming autumn season.

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Read the full story at the source The Guardian World · GB
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