Home › Primark's dominance threatened by Covid-19
 

Keywords :   


Primark's dominance threatened by Covid-19

2020-04-21 15:47:00| Daily apparel & textile news and comment - from just-style.com

Value fashion retailer Primark has reported revenue of GBP3.7bn (US$4.5bn) for the first half, representing a 3.9% uptick in constant currency and a 2.2% rise at actual exchange rates. But the Covid-19 outbreak is set to drastically impact its performance for the rest of the financial year - and is likely to give Primark reason to rethink its bricks-and-mortar only strategy for the future.

Tags: threatened dominance covid19

Category:Consumer Goods and Services

Latest from this category

All news
05.12Disruption as flights resume at Edinburgh Airport after outage
05.12Martin Lewis on what people misunderstand about credit scores
05.12Martin Lewis on what people misunderstand about credit scores
05.12Elon Musk's X fined 120m over 'deceptive' blue ticks
05.12Netflix reportedly closes in on Warner Bros deal
05.12What are freeze-dried sweets and why are they popular?
05.12Meta shifts some metaverse investments to AI smart glasses
05.12Taiwan bans Chinese app RedNote over fraud concerns
Consumer Goods and Services »
05.12Mammary gland receptors indicate other livestock prone to H5N1
05.12Disruption as flights resume at Edinburgh Airport after outage
05.12Martin Lewis on what people misunderstand about credit scores
05.12Martin Lewis on what people misunderstand about credit scores
05.12USMCA hearings highlight deep agricultural divides
05.12Elon Musk's X fined 120m over 'deceptive' blue ticks
05.12EACR Inc Allentown Expands Commercial Solar Panel Recycling Services Across the East Coast
05.12This Week in Waste: Top Stories Dec 1 - Dec 4
More »