Next reports first profit fall since 2009 after "challenging" year
Next (Frankfurt: 779551 - news) has reported its first fall in annual pre-tax profits in eight years as they fell 5.5% to £790m.
Full price sales dropped 1.3% during the year to January, the fashion retailer said.
Next had already warned of weaker profits earlier this year after its Christmas trading performance missed forecasts.
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