THE RETAIL BULLETIN - The home of retail news
Click here
Home Page
News Categories
Commentary
Department Stores
Electricals and Tech
Entertainment
Fashion
Food and Drink
General Merchandise
Grocery
Health and Beauty
Home and DIY
Interviews
People Matter
Retail Business Strategy
Property
Retail Solutions
Electricals & Technology
Sports and Leisure
Christmas Ads
Shopping Centres, High Streets & Retail Parks
Retail Events
People in Retail Awards 2024
Omnichannel Futures 2024
Retail HR Central 2024
The Future of The High Street 2024
Retail HR Summit
THE Retail Conference
Upcoming Retail Events
Past Retail Events
Retail Insights
Retail Solutions
Advertise
About
Contact
Subscribe for free
Terms and Policies
Privacy Policy
Primark third quarter sales in line with expectations

Primark owner Associated British Foods has said the fashion chain is trading in line with expectations due to its summer ranges performing well in all markets…. View Article

FASHION RETAIL NEWS UK

Primark third quarter sales in line with expectations

Primark owner Associated British Foods has said the fashion chain is trading in line with expectations due to its summer ranges performing well in all markets.

In the 12 weeks to 27 May, sales grew by 13% with like-for-like sales growth of 7%, supported by higher average selling prices. Meanwhile UK like-for-like sales climbed by 6%.

The news means that Primark’s like-for-like sales growth for the year-to-date is now 9%. ABF said sales of health and beauty products in Primark stores have been particularly strong.

During the period, Primark continued to deploy its improved website with launches in Germany, Spain, Italy and the US, and in France shortly after the period ended. Its remaining markets will follow over the summer.

It also launched new stores Venice in Italy, Buffalo in the US, Toledo in Spain and Bratislava in Slovakia, and signed the lease for its first store in Texas in the US.

Subscribe For Retail News