Fashion retailer Next boost from Britain's hot summer

Paul Sandle

Next got a boost from Britain’s hot summer with a 2.8% rise in second-quarter sales but the fashion retailer does not see the warm glow lasting, sticking to forecasts that indicate little growth for the rest of the year. The shares, which has been a standout performer among struggling British retailers largely due to the success of its online range, fell as much as 7.25%.