Next has predicted that 2016 will be a “challenging year” for its business, and has said it holds a “generally more cautious outlook for the economy” despite seeing profits increase year-on-year.
In its annual results, revealed today (24 March), the British firm posted a pre-tax profit of £836.1m, up from £782.2m a year earlier.
“The year ahead may well be the toughest we have faced since 2008. We are very clear on our priorities going forward and whatever challenges we may face, it is important that we remain focused on ensuring that the company’s product, marketing, services and cost controls all improve Read full story ›
Source: The Drum
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