Primark, Associated British Foods, Retail industry, Business, UK news Business | The Guardian
Fashion chain loses market share as rivals M&S and Next increase sales due to online shoppingBusiness live – latest updatesSales at Primark have fallen for the first time since the pandemic forced all shops in the UK to close, as mild weather and low consumer confidence hit sales.Associated British Foods (ABF), which owns the fashion retailer, said sales at Primark’s established stores fell 6% in the final three months of the year. Continue reading…
Fashion chain loses market share as rivals M&S and Next increase sales due to online shopping
Sales at Primark have fallen for the first time since the pandemic forced all shops in the UK to close, as mild weather and low consumer confidence hit sales.
Associated British Foods (ABF), which owns the fashion retailer, said sales at Primark’s established stores fell 6% in the final three months of the year.
