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next ss18

Seven things we learned from the Next annual report

Next, often acknowledged as a barometer of how the high street is faring, said 2017 was its “most challenging year” in 25 years. Posting an 8.2% drop in operating profit year-on-year to £759.9m, total group sales dipped by 0.5% to £4.1bn during the period. But how does it intend to claw back sales during 2018? Drapers takes a closer look at Next’s 2017 annual report.