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
11.01The FTSE 100 has hit a record high. Is now the time to start investing?
11.01The FTSE 100 has hit a record high. Is now the time to start investing?
11.01'I had no electricity for six months': American families struggle with soaring energy prices
11.01'I had no electricity for six months': American families struggle with soaring energy prices
11.01The real impact of roadworks on the country - and why they're set to get worse
11.01Google employee made redundant after reporting sexual harassment, court hears
10.01Musk says X outcry is 'excuse for censorship'
10.01'Out of stock': What went wrong at luxury retailer Saks?
Consumer Goods and Services »
11.01The FTSE 100 has hit a record high. Is now the time to start investing?
11.01The FTSE 100 has hit a record high. Is now the time to start investing?
11.01'I had no electricity for six months': American families struggle with soaring energy prices
11.01'I had no electricity for six months': American families struggle with soaring energy prices
11.01The real impact of roadworks on the country - and why they're set to get worse
11.01Google employee made redundant after reporting sexual harassment, court hears
10.01This Week in Agribusiness, January 10, 2026
10.01This Week in Agribusiness, January 10, 2026
More »