Next set to reveal whether it has shrugged off summer washout

Next will reveal whether it has shrugged off the summer washout dampening rivals’ sales when it updates investors on its first-half trading on Wednesday. 

Lord Simon Wolfson’s chain pierced the retail gloom in August when it forecast higher profits after early summer sales were better than expected. 

In vogue: Next shares, which hit a record high last week, have risen 43.3 per cent over the past year

Shares, which hit a record high last week, have risen 43.3 per cent over the past year.

By contrast its fast fashion competitors – including H&M and Primark – have given gloomy updates.

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