Next saw stronger than anticipated revenues during the Christmas period.

Full price sales grew 10.6% over the nine weeks to 27 December compared to 2024, putting them ahead of its guidance for the quarter of 7%.

Full price UK revenues increased by 5.9% during the festive period, as international sales climbed 38.3%.

Next said the revenues were boosted by higher stock levels than the year before when deliveries were held up by disruption in Bangladesh.

The fashion retailer’s annual profit is now expected to top £1.1bn following the strong sales.

Revenues for the year to the end of January are forecast to grow 10.7% to £5.6bn, while pre-tax profits are anticipated to rise 13.7% to £1.15bn.

Despite this, Next cautioned that UK revenues would not rise as quickly this year, partly due to “continuing pressures on UK employment”.

The business noted that 2025 had been aided by “very favourable summer weather” as well as the online shutdown of Marks & Spencer for several weeks following its cyber attack. 

The results come as Next reportedly considers snapping up LK Bennett, after the luxury fashion retailer filed an application with the High Court in December to appoint administrators.

The retail giant is mulling a cut-price offer to purchase LK Bennett’s brand and other intellectual property assets, Sky News reported.

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