Are Next profits set to overtake those of Marks & Spencer?
20 March 2014 Last updated at 23:14 GMT
Next has reported a 12% increase in annual profits to £695m.
The UK fashion retailer also reported a 5.4% growth in sales to £3.7bn to the end of January, and increased its expectations for the year ahead.
Sales via its online and catalogue business, Next Directory, grew by more than 12%, while sales at its stores grew by 1.7%.
Emma Simpson reports.