Primark-owner Associated British Foods is set for a jump in annual earnings as shoppers snapped up bargains at its discount fashion chain and shrugged off the effects of wet weather and depressed economic growth in western Europe.
Primark, which operates in Britain, Spain and Ireland where it owns the Penneys brand, expects annual sales at its 242 stores to rise 15 per cent. Like-for-like sales, which strip out new store openings, are expected to rise...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Get a Business Account for you and your team