Next has said it will raise its prices this year to offset increased wages as well as higher shipping and manufacturing costs.
The retailer said prices for its spring and summer ranges would rise by 3.7%, while it expects a 6% increase for its autumn and winter goods. Its forecast came as it said sales for the three months to 25 December were up 20% compared with pre-pandemic 2019.It now expects to make an extra £22m, taking annual profits to £822m, which would be nearly 10% higher than in 2019.
Wooo hooo, Brexit!!
gj1023 Nothing to do with BREXIT ?
Just think - your kids trying to keep warm at school with the windows open (you know just in case - covid) - sincerely hope they do not get colds, flus, pnuemonia but then the scientits and ex-SPURTS know best!! well they should i mean this is ONLY the THIRD year of RESTRICTIONS
No biggy. I'm fed up trying to factor in the shrinkage per wash ratio of next clothes anyway.
The answer to this is.. Make your products in the UK Next..
So make your products in the UK then !
Gosh and to think Next supported Brexit.
Sweat shop prices rise in manufacturing
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