PRIMARK MISSES THE MARK
ABOUT £800million was wiped off Primark’s owner yesterday after the fashion retailer’s sales fell last month.
Associated British Foods shares fell 108p to 2,242p as it said Primark trading in November was “challenging, in a tough retail market”.
ABF finance director John Bason said sales at stores open more than a year were “just positive” in September and October, but negative in November.
He added:
“The mild weather affected the footfall.”