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.theguardian - 2 month ago

Primark sales plunge by £1.5bn but chain expects to break even

Owner ABF is banking on spending spree once stores are fully reopened from Covid lockdownsPrimark sales dropped by £1.5bn year-on-year during the last six months while the fast fashion retailer’s stores were closed by pandemic restrictions.The retailer estimated it would sell £2.2bn of goods in the 24 weeks to 27 February, £1.5bn lower than the equivalent period in the year before, its owner, the conglomerate Associated British Foods, reported on Thursday. Continue reading...


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