Next reports strong online sales
UK retailer Next has reported that its online business performed “particularly well” in the run-up to Christmas.
In a trading statement issued today (3 January), Next said that its full price sales in the 54 days from Wednesday 1 November to Sunday 24 December were up 1.5% on last year.
Online sales for the 54-day period were up 13.6% on last year.
Next commented: “Both channels experienced an improvement in sales, with our Online business performing particularly well. We believe part of this improvement has been down to much colder weather leading up to Christmas.”
The retailer said that the better than expected full price sales has meant that it has marginally upgraded its profit guidance for the full year to January 2018 by £8m to £725m.
