Next's annual sales and profits at its High Street stores have continued their fall of recent years, while its online business continues to grow.
Sales in Next's stores fell nearly 8% last year to £1.95bn, while online sales rose by 14.7% to £1.92bn.
It said online was a “long-term threat” to its High Street business, but a “larger opportunity” for the group.
The retailer also said it could see “no evidence” that Brexit uncertainty was affecting consumer behaviour.
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