19-09-2019 19:19 via theguardian.com

Next blames warm weather for slow sales as shares plummet

High street retailer’s CEO says Brexit is not the cause of downbeat trading pictureNext said the recent warm weather had resulted in disappointing sales of its new autumn clothing ranges as the latest official data showed falling high street sales.The retailer was the biggest faller on the FTSE 100 on Thursday after its chief executive, Simon Wolfson, painted a downbeat picture of trading. The Conservative peer said the malaise was due to the weather rather than Brexit woes as demand had b
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