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Primark sales slip ahead of ABF exit in ‘challenging’ backdrop

Primark sales slip ahead of ABF exit in ‘challenging’ backdrop
Image: City A.M.

Primark has seen its sales slip as its owner, Associated British Foods, races to shape up the fast-fashion retailer ahead of its exit from the group next year. Like-for-like sales at the retailer slipped by 2.6 per cent in the year to September, dragged down by “weak” consumer confidence and less advanced turnaround efforts in [...]

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