Primark owner ABF has said the fashion giant’s stores have performed exceptionally well since reopening and predicted full-year profits will be in line with the previous year.
In a trading update for the 40 weeks to June 19, 2021, Primark sales hit £3.8bn, down 11% on a constant currency basis. However, sales in the 16-week period between February 28 and June 19, 2021, were up more than 200% to £1.6bn.
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