Britain’s Next raises profit outlook on strong recent trading

Britain’s Next raises profit outlook on strong recent trading

Britain's Next raises profit outlook on strong recent trading Next said its central scenario now assumes a full year 2020-21 pretax profit of $388mln    Shoppers walk past a Next store on Oxford Street in London, Britain December 17, 2018. LONDON - British clothing retailer Next raised its profit outlook for the second time in two months on Thursday as it reported strong recent trading.The group, which trades from about 500 stores in the UK and Ireland and its Directory online business, said full-price sales in the last seven weeks were up 4% on last year, which it said was driven by recent cool weather and fewer overseas holidays.Next said its central guidance now assumes a full year 2020-21 pretax profit of 300 million pounds ($388 million), up from its