**Next to Hike Prices Up To 8% Outside Europe Citing Iran War Costs**
Next Plc has announced plans to increase prices by up to 8% for its operations outside Europe, attributing the decision to rising costs associated with the ongoing conflict in Iran. The move reflects the broader impact of geopolitical tensions on global supply chains and operational expenses.
However, the UK market will be exempt from these additional price adjustments. This decision follows a period of stronger-than-expected sales performance for the retailer in the United Kingdom during the first quarter, suggesting sufficient domestic revenue to absorb current cost pressures without further increases.
