Primark finance boss bullish on coronavirus supply chain issues
Primark finance director John Bason said the value fashion retailer is “under less pressure than other retailers will be feeling” following the outbreak of coronavirus.
Bason said the business has 500 suppliers in China that provide stock to five consolidation centres that then gets taken to port.
“[Stock] takes a month to get to the UK, so we’ve got some time here compared to those who are air freighting straight to the UK,” Bason said.
“In Hubei province, we’ve only got nine suppliers so it’s a very small part for us that is affected.”
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