Next Looks Just Dandy As the Footsie's Best Friend ; Market Report

Daily MailAugust 18, 2005

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Summary


DEALERS did not expect to see a retailer sitting pretty near the top of the Footsie leaderboard especially after Asda owner Wal- Mart's dire warning about rising fuel costs and the toll they are taking on consumer spending.

The woes of the world's largest retailer sent a chill wind through the sector. But it failed to ruffle Next's feathers.

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Next Looks Just Dandy As the Footsie's Best Friend ; Market Report

Shares of the fashion retailer advanced to 1550p on buying ahead of the interim results on September 15 before closing 18p dearer at 1542p.

Next's successful Next Retail home shopping divisi...

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