UK's Primark reports 430 mln stg hit to sales from autumn lockdowns


Reuters | London | Updated: 04-12-2020 13:33 IST | Created: 04-12-2020 12:42 IST
UK's Primark reports 430 mln stg hit to sales from autumn lockdowns
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Associated British Foods said on Friday the estimated hit to sales at its Primark fashion chain from COVID-19 related store closures this autumn is about 430 million pounds ($579 million), up from a previous forecast of 375 million pounds.

The group said it still expects Primark's full year 2020-21 sales and profit to be higher than 2019-20's 362 million pounds. 

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