Next nosedives on 2016 prospects
Erstwhile high street darling Next's (NXT) poor run continues, the shares marked down 11% to £59.30 as the retailer again downgrades guidance following subdued trading over the first quarter of 2016.A cautious assessment on the prospects for online and catalogue business NEXT Directory, being affected by a tougher competitive environment, and CEO Simon Wolfson's downbeat outlook, conspire to trig
