Next Directory sales surge continues

published 4 January 2012

Fashion chain Next said the strong performance of its Directory unit compensated for the slightly disappointing trading at its Retail stores.

The Retail unit saw sales (excluding VAT) fall 2.7% in the period from August 1st to December 24th versus the corresponding period the year before, while Directory sales improved by 16.9%. Sales for the Next brand overall rose 3.1%, in line with the full year guidance range given in November of between 2.5% and 4.0%.

More to follow ...