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Next reports Christmas rush but warns of slowdown ahead

Source: BBC

Fashion retail chain Next has reported stronger than expected sales over the key Christmas period but warned rising unemployment could weigh on UK consumer spending this year.Next said full price sales were ahead of its forecasts after rising 10.6% in the nine weeks to 27 December compared to 2024. Annual profit is now forecast to be higher than the company originally predicted. However, the retailer warned that…

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Read the original source at BBC