Profit upgrade at Next raises hopes UK shoppers still keen to spend

Sales benefited from warm summer, M&S online shutdown after cyber-attack and supply improvementsNext has raised hopes that UK consumers are still willing to spend despite pressures on household budgets, as it revealed sales and profit growth “materially above” expectations.The clothing and homeware retailer said it benefited from sunny weather over the summer, the online shutdown of the rival Marks & Spencer for several weeks after an Easter cyber-attack and an improvement in clothing supplies from countries such as Bangladesh compared with last year. Continue reading...

Comments

Business News

Steven Bartlett seeks to build ‘Disney of the creator economy’ after multi-million investment

Evening Standard

Comments

Similar News

'Close eye' will be kept on OpenAI's for-profit conversion, says attorney general

Next continues to profit after M&S cyber-attack

Demand for Ofgem to use firms' £4bn profits to help with energy bills

Ofgem should use firms’ windfall profits to fund energy debt relief, say MPs

Ofgem should use firms’ windfall profits to fund energy debt relief, say MPs

Evoke 1 Punters 0: Unpredictable Premier League results hand William Hill owner a huge profits boost

Companies like Amazon are betting they can slow hiring and still maximize profits

OpenAI Establishes For-Profit Company In Restructuring Change Involving Microsoft

OpenAI completes shift to becoming for-profit

HSBC profits slump 14% after Madoff legal hit

HSBC profits slump 14% after Madoff legal hit

HSBC profits slump as bank sets aside £827m to pay damages to Madoff Ponzi scheme victims

HSBC announces £898m drop in quarterly profits

HSBC announces £898m drop in quarterly profits

‘People thought I was a communist doing this as a non-profit’: is Wikipedia’s Jimmy Wales the last decent tech baron?

Disneyland Paris Reveals 45% Fall In Profits Driven By 30-Year-Old Deal

Trump’s Son Is Poised to Profit From Pentagon Drone Proposal

NatWest profits hit highest since before 2008 bailout

UK must resist raising taxes on banks, says NatWest boss as profits leap 30%

Ford warns devasting plant fire will hurt profit, but CEO still upbeat as he thanks Trump

Business News

Steven Bartlett seeks to build ‘Disney of the creator economy’ after multi-million investment

GSK boosted by cancer and HIV drugs as Emma Walmsley bows out

Reform UK’s Lee Anderson says he ‘gamed’ benefits system in former job

Children in long-term workless households highest for nearly a decade

Santander scraps results and calls for Government action on motor finance

Ofgem should use firms’ windfall profits to fund energy debt relief, say MPs

Ministers urged to speed up support for UK car industry amid rising energy costs

UK retail giant upgrades profits forecast amid cost-of-living concerns

GSK boosted by cancer and HIV drugs as Emma Walmsley bows out

Ofgem should use firms’ windfall profits to fund energy debt relief, say MPs

Reform UK’s Lee Anderson says he ‘gamed’ benefits system in former job

Nvidia Becomes First Company Worth $5 Trillion

Satya Nadella’s Plan To Take On TikTok With Xbox Makes No Sense

Yves On Her Solo Career, Leaving LOONA And New Music

Hit By Costs And Medicaid Cuts, Centene Reports $6.6 Billion Loss

The Weeknd’s Two Early-Career Albums Finally Reach The Charts After A Decade

Why Netflix’s ‘A House Of Dynamite’ Ending Is Extremely Frustrating

Vinícius Júnior Omits Key Real Madrid Figure In Apology Over Clásico Substitution

How Dereck Lively II’s Mindset and Mission Are Powering His Third NBA Season

Week 9 Fantasy Football Stock Report: Risers And Fallers

Judas Priest Charts A Surprise Win With A Decades-Old Album

WWE Saturday Night’s Main Event 41: Best And Worst Booking Options

Under-The-Radar Summer Signing Making A Big Difference For Arsenal

David Gilmour Scores The Second No. 1 Of His Career Outside Of Pink Floyd

The Fall Of El Fasher And Another Wave Of Atrocity Crimes In Darfur

Reform UK’s Lee Anderson says he ‘gamed’ the benefits system

Pound tumbles as markets take fright over Rachel Reeves' Budget woes with UK productivity downgrade

Which Starbucks branches are closing down? Full list revealed including five in London

Pound suffers further falls as UK’s fiscal troubles set to deepen

Mortgage approvals hit nine-month high as borrowing costs ease further

Children in long-term workless households highest for nearly a decade

Bridging and development finance still holding up, despite market uncertainty

Building resilience into the future of international assignments

Smarter meeting spaces built on simplicity, trust, and intelligence

Food service is fuelling a greener future

Developing personal resilience in employees

AI isn’t a magic bullet

Cultivating a continuous improvement mindset in F&B and consumer goods manufacturing

How product data foundations and embedded AI are a strategic advantage

Building trust in the software supply chain for retail

Children in long-term workless households highest for nearly a decade

Pound suffers further falls as UK’s fiscal troubles set to deepen

Zero Waste Forum packs a punch in Istanbul

UK ‘second cities’ show strongest property yield growth for investors

UK to miss housing target by eight years

The growing use of bridging finance to prevent residential collapses

Mortgage approvals hit nine-month high as borrowing costs ease further

How much does it cost to raise a child? An expert has crunched the numbers

Sanctions, Drone Strikes, And Market Shifts Hit Russia’s Energy Sector

America’s Newest Export: The Shale Revolution

England ODI Team Humiliated Again By New Zealand In Hamilton

Week 9 Fantasy Football Waiver Wire Pickups: Watson, Tracy And More

Trump Will Discuss Nvidia Export Controls With Xi As Market Cap Nears $5 Trillion

CVS Reports Big Loss On Devalued Oak Street Clinics But Aetna Costs Are Stable

Week 9 Fantasy Football Injury Report: Cam Skattebo, Saquon Barkley And More

Week 9 Fantasy Football Start ’Em Sit ’Em: Kareem Hunt, Travis Hunter And More

Next increases targets as shoppers shrug off cost-of-living concerns