Fashion chains Next and Superdry have both seen a surge in sales after stores reopened in April after Covid closures.
Next has raised its full-year profit forecast, but added that previous experience suggested the post-lockdown sales surge would be “short-lived”.
Both retailers saw sales supported by online orders as stores remained closed during the latest lockdown.
However, Next increased its guidance for full year profits by £20m to £720m after trading during the 13 weeks to 1 May was stronger than expected.
Ref:- Fashion.com.
VR Niti Sejpal
