Next upgrades profit guidance for second time in two months

Fashion retailer reports strong quarterly sales but is cautious about Christmas tradingCoronavirus – latest updatesSee all our coronavirus coverageThe fashion retailer Next has upgraded its full-year profit guidance for the second time in as many months after quarterly full-price sales rose by a better-than-expected 2.8%, although it is cautious on Christmas trading.The company raised its pre-tax profit guidance by £65m to £365m, though it expects fourth-quarter sales to be 8%