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Next warns

The company is forecasting sales of full-price goods to rise by 7% overall in 2022, but it warned that this year could see a tougher trading environment, given the financial pressures facing households, such as higher energy bills.

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Next warns

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  1. Next warns It said prices for its spring and summer ranges would rise by 3.7% from a year earlier, while it expects a 6% increase for autumn and winter goods. Its forecast came as it said sales for the three months to 25 December were up 20% compared with pre-pandemic 2019. Next also upped its profit forecast for the year. It now expects to make an extra £22m, taking annual profits to £822m, which would be nearly 10% higher than in 2019 many business listings.

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