Next on course to overtake M&S

Press Association
File photo dated 08/08/13 of the Next store in Tamworth as the fashion chain toasted a
File photo dated 08/08/13 of the Next store in Tamworth as the fashion chain toasted a

%VIRTUAL-SkimlinksPromo%Fashion chain Next toasted a "great year" for the group today as a £695 million annual profits haul put it on course to overtake rival Marks & Spencer for the first time in its history.

The milestone performance comes after impressive Christmas trading, which helped full-year sales across its Next Directory catalogue and online division leap 12.4% higher while its stores notched up growth of 1.7%.