Consumer

Next Sales Rise as Inflation Pressures Ease, Maintains Forecast

Chain reports solid start to year but cold weather to hit 2Q
UK retailer still expects group sales to rise 6% this year

A Next Plc store in London.Photographer: Jason Alden/Bloomberg

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By Jennifer Creery

May 1, 2024 at 6:20 AM UTC

Updated on

May 1, 2024 at 7:18 AM UTC

This article is for subscribers only.

Next Plc said first quarter sales were solid as easing price pressures boost shoppers’ desire to buy clothes and shoes.

The British fashion and homewares company said Wednesday that full price sales climbed 5.7% in the first quarter, which was slightly ahead of an expected 5% rise.