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.
