Thu, 19th Mar 2020 07:17
LONDON, March 19 (Reuters) - British clothing retailer Next
said on Thursday the industry was facing a crisis that
is unprecedented in living memory, but believes that its balance
sheet and margins will help it weather the storm.
The group said it has no experience of a similar crisis so
there is no way of predicting the extent that the effect
coronavirus will have on its retail and online sales.
(Reporting by James Davey; editing by Kate Holton)
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Next (NXT)