British clothing retailer Next said on Wednesday total product sales in its latest quarter crashed 41%, reflecting the closure of all its stores in the coronavirus lockdown and the temporary shutdown of its online operations.
FILE PHOTO: A Next store is pictured on Oxford Street as the spread of coronavirus disease continues in London, Britain, April 15, 2020. REUTERS/John Sibley
Next said store sales plunged 52% in the 13 weeks to April 25, its fiscal first quarter, while online sales were down 32%.
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