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Next Raises Non-EU Prices up to 8%, Forecasts £1.22 bn Profit

5/8/2026

45 7 Full Breakdown

Summary

Story summary

Next announced price hikes up to 8 percent in several non-European markets due to war-driven cost pressures.
The retailer will offset an extra £47 million in fuel and Middle East supply-chain costs with those hikes and internal savings.
In the UK, sales grew 4.4 percent.
The retailer said UK price rises will stay below 0.6 percent.
Full-price sales rose 6.2 percent in Q1, prompting Next to lift its profit forecast to £1.22 billion.

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Story summary

Next announced price hikes up to 8 percent in several non-European markets due to war-driven cost pressures.
The retailer will offset an extra £47 million in fuel and Middle East supply-chain costs with those hikes and internal savings.
In the UK, sales grew 4.4 percent.
The retailer said UK price rises will stay below 0.6 percent.
Full-price sales rose 6.2 percent in Q1, prompting Next to lift its profit forecast to £1.22 billion.