Post-coronavirus sales growth scenarios of Next plc 2020

British fashion retailer Next plc is one of the many fashion retailers whose sales plunged due to the coronavirus crisis and the lockdown measures implemented throughout the months of March, April, and May 2020. According to the company's revised financial scenarios for the year, Next plc's full price sales are forecast to recover from the third quarter of 2020. Under a scenario where 35 percent sales drop is predicted overall for the year, sales during the third quarter are projected to go down by 26 percent compared to the same period in the previous year.

Forecasted percentage change in the quarterly full price sales of Next plc worldwide in 2020, by scenario

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Source

Release date

April 2020

Region

United Kingdom

Survey time period

April 2020

Supplementary notes

Revised full price scenarios after coronavirus and lockdown measures.

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Statistics on "Coronavirus: impact on apparel and textiles in Europe"

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