Your browser is no longer supported. For the best experience of this website, please upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

Next to report further dip in sales

Next is expected to release another disappointing trading update this week, as weak consumer confidence offsets a boost from the warm weather in March.

Forecasts suggest group sales will decline around 1.9% for the three months to the end of April, The Telegraph reports.

It is thought the late timing of Easter and warm weather in March failed to offset rising inflation, weak consumer confidence and the ongoing shift to leisure spending.

In March, Next boss Lord Wolfson admitted the retailer “took its eye off the ball” and introduced too many trend-led pieces into its collections, which contributed to a drop in sales last year.

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.