Next chills clothing sector with cut to profit forecast

By James Davey LONDON (Reuters) - Next cut its profit forecast for the current financial year after a poor Christmas and warned of a further decline in 2017-18, sending shockwaves through Britain's clothing sector as the most successful performer of the last decade faltered. The company, which trades from about 540 shops in Britain and Ireland, said it was disappointed with its Christmas sales and highlighted "exceptional" levels of uncertainty in the sector, adding it was preparing for tougher