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Next Surges as E-Commerce Sales Boost Fuels Guidance Upgrade

Where are fashion’s priorities? How sustainability will fare post pandemic is just one of many open questions. Join SJ on July 15 at 11 am for a webinar on how the crisis will affect future sourcing decisions and how to better measure progress.

Next Plc shares surged after the company raised its financial guidance, helped by e-commerce investments that are keeping the U.K. retail bellwether ahead of troubled rivals. The apparel chain’s warehouse and distribution upgrades are boosting online sales, which rose 12 percent in the latest quarter, even as British department stores and other fashion chains sink…

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