Clothing & Shoes
Primark UK sales fall 4% in H1 as US and Europe boost growth
In both the UK and Ireland, sales fell by 4% despite good like-for-like sales growth over Christmas, as the UK clothing retail market struggled over the period
Primark’s sales grew by 1% to £4.47bn in the first half of the year, with adjusted operating profit up 8% to £540m, as weaker UK and Ireland sales were offset by growth across the US and Europe.In both the UK and Ireland, sales fell by 4% despite good like-for-like sales growth over Christmas, as the UK clothing retail market struggled over the period. This reflected “cautious” consumer sentiment as well as a lack of seasonal purchasing in autumn due to mild weather.
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