Primark sales rocket as lockdown fades into past

Primark Leipzig Germany

Sales at value fashion giant Primark surged 60% year on year in its first half – when stores remained open, in contrast to Covid closures the previous year.

Parent company ABF also reported that operating profit margin had “recovered strongly” and is now likely to come in at about 11% in the period to March 5, 2022, which is “close to the pre-Covid levels achieved two years ago”.

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