Next back in fashion after guidance upgrade

Shares in FTSE 100 clothes retailer Next (LON:NXT) climbed 8.37% to 6,086.20p (as of 12:20 BST) after it upped its full-year full-price sales guidance. Full-price sales during the first half of the year were up by 4.2% and the growth was driven by online and finance income while high street retail continued to struggle.

Sales during the second quarter were 4% higher than during the same period of 2018, 450 basis points higher than the company had been expected to achieve.