Next sees no Brexit impact as sales gain

Clothing retailer Next reported a pick up in sales in its second quarter and said it had not seen a big impact on demand so far from Britain’s vote to leave the EU.

Several surveys have reported a drop in consumer confidence following the shock Brexit vote on June 23. But so far, there have been few signs of that translating into lower spending.

In its first update since the referendum, Next said it had not seen an impact on sales, apart from in the first few days immediately after the vote.