Clothing & Shoes
Next cuts sales and profit guidance
Its brand full price sales are up 12.4% compared with 2021 and up 22.3% against 2019, however Full-price sales in the second half are expected to drop 1.5% rather than climb 1%.
![](https://b855165.smushcdn.com/855165/wp-content/uploads/2020/07/Next-750x375-1.jpg?lossy=1&strip=1&webp=1)
Next plc has reported that its profit before tax is up 16% compared to the previous year at £401m, and up 22% compared with 2019 despite issuing its second profit warning this year.
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