LONDON, Aug 3 (Reuters) - Next, one of Britain'sbiggest clothing retailers, on Wednesday said that 2016 salescould fall by 2.5 percent, an improvement on previous guidance,but said trading remained volatile, reflecting weak demand forclothing.
Next said that full-price sales would this year be in therange of 2.5 percent lower to 2.5 percent higher, narrowing aprevious range of anything from 3.5 percent lower and 3.5percent higher.
The company said that it was too early to tell what theimpact of Britain's vote to leave the EU in June was having onconsumer demand in the country, but warned that its cost priceswould rise by about 5 percent from next year due to thedevaluation of the pound since the vote.
(Reporting by Sarah Young, editing by Louise Heavens)