Sales projected to dive in main UK and European markets as Covid restrictions keep stores closedPrimark has said lockdown store closures would mean missing out on more than £1bn in sales, but added it was confident of a resurgence after the crisis ended, promising: “We are going to be back.”The fast fashion retailer does not sell online, and three-quarters of its store space is closed, including all of its 190 UK shops, plus a further 115 across European markets such as Germany, Ireland and Spain. Continue reading…
Source link : https://www.theguardian.com/business/2021/jan/14/primark-forecasts-1bn-sales-loss-as-covid-restrictions-shutter-stores
Author : Jasper Jolly and Zoe Wood
Publish date : 2021-01-14 15:59:47
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