Because Of The Cotton Bubble &Nbsp, Fashion Giant Next Plans To Raise Its Price By 8% Next Year.

The company explained: "as cotton prices continue to rise, retail prices may increase by 5-8% in the first quarter of next year."

Next says how high prices can last or how much to rise will depend on speculative cotton price bubbles.

Price increases have increased.

Next's three quarter sales increased by 2.2%, close to the top of the company's expected 0-3% range, but the company's comments were overshadowed by the company's sales, although the company said it would strive to maintain a fourth quarter growth.

The sales performance of the company catalog sales store is still good.

But retail sales fell by 3.3% in the three months ending October, within the company's expected range.

Directory sales grew by 7.9%, reaching the top of the forecast range.

The profit is consistent with the previous forecast. By the year January 2011, the forecast made by Next company has not changed, and it is still 5.35-5.5 billion pounds, earnings per share increased by 14-19% to 214p-224p.