By  on March 20, 2014

LONDON — A rise in online sales, the expansion of its selling space and lower levels of markdowns all helped net profits at British retailer Next plc rise 8.8 percent in the year to January to 553.2 million pounds, or $867.9 million, from 508.6 million pounds, or $797.9 million, in the previous 12-month period.

Excluding 2013 exceptional items, net profits gained 16.9 percent.

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