Friday 18 October 2019

Sales surge at Next on the back of warm weather

A model in Next clothes. The group's sales surged by 4.5pc in the past three months
A model in Next clothes. The group's sales surged by 4.5pc in the past three months
Independent.ie Business Desk

Next sales surged by 4.5pc in the past three months as the high street fashion brand was buoyed by warm weather over the Easter period and strong online sales growth.

Its retail store sales declined 3.6pc over the 13 weeks to April 27, as it continued to be impacted by the pressures on the High Street.

The sales figures were ahead of company forecasts, it said.

Sales during April rose 4.7pc as Next was aided by "unusually warm Easter weather", which particularly boosted sales in high street stores.

Online sales jumped 11.8pc over the period, amid the continued shift in shopper behaviour.

Despite the sales growth in first quarter, Next said it expects sales for the next three-month period to show a year-on-year decline due to tough comparable figures.

PA Media

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