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Next's Sales Soar as Profit Outlook is Upgraded Again

Next's Heat Wave: A Glimmer of Hope in Retail? Next's latest profit upgrade has sent its share price soaring, but what does this say about the state of UK retail?

On the surface, the company's 9% rise in full price sales is a welcome respite from the gloom that has been dogging the sector.

The hot summer weather and pent up demand in international markets have certainly played their part, but it's Next's consistent ability to deliver results that should be giving investors pause.

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