Next Plc's Profits Surge, Plans Price Cuts and Global Expansion

As profits near £1 billion, Next aims to reduce prices and expand its global presence, marking a new era of growth.

Next Plc reports a significant increase in profits, hitting £918 million for the year, with expectations to reach nearly £1 billion next year.
The retailer plans to cut prices for customers due to lower buying costs, despite previous disruptions in shipping.
Next's performance boosts confidence in the high street, with plans for expansion in the US, Middle East, and Asia.
The company's shares reach a record high, reflecting its strong financial performance and optimistic outlook.
Next continues to invest in new brands and partnerships, including a tie-up with US department store Nordstrom.