Full-price sales at Next through the 2019 Christmas trading period (27th October to 28th December) were up +5.2%, +1.1% (£9m) ahead of expectations – driven by a colder November and improved stock availability, in both bricks-and-mortar stores and online.

Across the year to 29th December, full price sales were up +3.9% YoY.

Stock in Next's end-of-season sale was down -2.9% YoY, with clearance rates to date slightly lower than expectated.

The retailer expects this year to return full-price sales growth of +3.0%, with profits up +1% YoY.