Primark upbeat after positive early sales post-lockdown
// Primark sales plunge 75% to £582 million in third quarter ending June 20
// However, it was “encouraged” by trade vast majority of its shops have exited lockdown
// The post-lockdown demand prompts Primark to place £1bn worth of orders for the autumn & winter seasonPrimark owner Associated British Foods (AB Foods) has said sales at the high street retailer have been “encouraging” after reopening sites, despite predicting a major hit to profits.
AB Foods
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