Next’s pre tax profits for the year to 28 January were down 3.8 per cent to 790.2 million. Sales from the high street shops dropped 2.9 per cent to 2.3 billion, while online and catalogue sales rose 4.2 per cent to 1.73 billion. However, Next’s share price rose nine per cent, or 310p to 4195p, on relief that the figures were not even worse..
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