Full price sales at Next were up 1.5 per cent in the 54 days to 24th December driven by strong online growth, the retailer said in a trading statement.
While full price store sales were down 6.1 per cent for the period, online sales were up by 13.6 per cent.
The retailer said stock for the end – of – season sale (including the stock it put into it Black Friday event) was well controlled and down – 6 per cent on last year. Clearance rates were in line with expectations.
The better than expected performance means that the retailer is increasing its profit forecast for the year from £727 million to £725m.
Christmas Trading Updates
Morrisons: 9th January
Sainsbury’s: 10th January
Superdry: 10th January
John Lewis & Waitrose: 11th January
Marks & Spencer: 11th January
Tesco: 11th January
B&M Bargains: 12th January
Yoox Net-a-Porter: 15th January
JD Sports: 16th January
Whitbread: 18th January
Dixons Carphone: 23rd January
WH Smith: 24th January
ASOS: 25th January
Ocado: 6th February
