Next will reveal whether it has overcome the summer slump
Next will announce on Wednesday whether the company has shaken off the summer setback that depressed sales of competitors, the company said in a statement to investors about trading in the first half of the year.
Lord Simon Wolfson’s chain broke through the retail bleakness in August by forecasting higher profits after better-than-expected early summer sales.
In fashion: Shares of Next, which hit a record high last week, have risen 43.3 percent over the past year
The shares, which hit a record high last week, have risen 43.3 percent over the past year.
In contrast, fast fashion competitors – including H&M and Primark – have given gloomy updates.
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