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Next blames warm weather for 'disappointing' sales growth in Christmas run-up

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Retailer Next has blamed the mild weather at the end of last year for its “disappointing” results, including sales growth of just half what analysts had expected. The company said sales were up just 0.4% in the 60 days to Christmas Eve. Retail sales were off 0.5%, while those in its Directory division rose 0.

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