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Next has reported bumper sales between May and July, as sunnier UK weather and a disruptive hack at rival M&S sent customers flocking to the clothes and homewares retailer.
Full price sales at Next in the thirteen weeks to 26 July surged by 10.5%, which was £49m ahead of its guidance for the period for a 6.5% rise in takings.
In the UK, we believe that the over-performance was largely due to better than expected weather and trading disruption at a major competitor.
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Continue reading...© Photograph: Andrew Milligan/PA
© Photograph: Andrew Milligan/PA
© Photograph: Andrew Milligan/PA