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Primark’s Sales Fall Before Fashion Chain’s Split from AB Foods

Primark’s Sales Fall Before Fashion Chain’s Split from AB Foods
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Primark’s Sales Fall Before Fashion Chain’s Split from AB Foods Associated British Foods Plc reported falling sales at its Primark budget fashion chain, as the conglomerate prepares to separate its clothing and food divisions. Primark’s like-for-like sales were down 2.2% in the third quarter ended June 20, AB Foods said Wednesday, citing a challenging consumer environment.

Primark’s Sales Fall Before Fashion Chain’s Split from AB Foods Associated British Foods Plc reported falling sales at its Primark budget fashion chain, as the conglomerate prepares to separate its clothing and food divisions. Primark’s like-for-like sales were down 2.2% in the third quarter ended June 20, AB Foods said Wednesday, citing a challenging consumer environment. [Image text:] ISSE MAD 10
Primark (ORG) AB Foods Primark’s (ORG) AB Foods (ORG)
Originally published by Bloomberg Markets Read original →