Chief executive Simon Wolfson also noted the return of demand for traditional "smart" suits, as people head back to offices and the trend for smart casual clothes fades.
Next, which also owns Reiss, said full year profits should be £875 million, up from £845 million previously forecast.
That's just the latest upgrade from a company with a history of doing better than its own often pessimistic sounding forecasts.
Wolfson, the longest serving FTSE 100 chief, told the Standard: "Cost inflation is easing across the board. Everything is moving backwards with the exception of oil. We are much more comfortable than we were." That's good news for both the wider high street and the Conservative Party as it heads nearer a general election.
Denne historien er fra September 21, 2023-utgaven av Evening Standard.
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Denne historien er fra September 21, 2023-utgaven av Evening Standard.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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