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Next Shares Slump 6%, As Retailer Tips Sharp UK Sales Slowdown
Forbes· 2025-09-18 16:15
Photographer: Chris Ratcliffe/Bloomberg© 2025 Bloomberg Finance LPRetailer Next led the FTSE 100 lower on Thursday, as it warned tough economic conditions in the UK would substantially dampen local sales during the second half.At £112.80 per share, Next’s share price was last 6% lower.In its first-half trading update, the clothing and homeware retailer said total revenues rose to £3.2 billion in the six months to July, up 10.3% year on year. Sales of full-price items rose 10.9% from a year earlier.This swep ...