Next bucks high-street trend with better than expected sales

Shares rise 8% and annual profit forecast is raised by £10m despite damp start to summerNext has shrugged off a damp start to the summer with better than expected sales at its high-street stores.Shares in the company rose more than 8% to £60.76 after it upped annual profit expectations by £10m to £725m as full-price sales rose by 4% in the three months to 27 July. The company had expected a 0.5% fall. Continue reading...