High Street

Next upgrades profit guidance

The group also noted that its increase in profit guidance would have been higher, if it had not decided to pay back £29m of its business relief rates, which it accounted for the time its stores traded this year

Next has revealed it is raising its profit guidance for the rest of the year after beating its expectations for full price sales, with a rise of 19% in the last 11 weeks compared with figures posted two years ago.

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