Sales Of British Apparel Retailer Next Increased During The Holiday Season

Next has more than 700 stores worldwide.

Revenue grew by only 0.5%, while online and directory business Next Directory increased by 7.7% annually.

A small number of British did not participate in the promotion of "black Friday".

Next PLC (NXT.L) only began to reduce its price on the 26 day of boxing day. The group pointed out that due to this reason, the inventory was significantly overloaded.

Next PLC (NXT.L) opened 1.84% higher on Tuesday, then went all the way, with a maximum increase of 4.14%.

Because of the continued warm weather this autumn

Next PLC (NXT.L) issued a profit warning in September.

The group now raised the median expected profit before the three quarter of the year to 795 million pounds to 770 million pounds, slightly raised to 775 million pounds, and the pre tax profit margin narrowed to 7.65-7.85 billion, which is expected to grow 11.5% over the previous year.

The current fiscal year 2015 ends on January 24, 2015.

Next PLC (NXT.L) said, "the consumption outlook in the UK is relatively good". However, due to the high base in the first half of this year, the group remains cautious in the next year's budget. It is estimated that the full price sales and pre tax profits in fiscal 2016 will achieve 2.5%-7.5% growth.