Primark warns of supply shortages
PRIMARK owner Associated British Foods (ABF) has warned that there is a risk of supply shortages on some of the retailer’s lines later in the year if factory delays in China caused by the coronavirus outbreak are prolonged.
However, it said the high street giant, which sources numerous products from China, is “well stocked with cover for several months” and does not expect any “short-term impact”.
ABF said it is assessing plans to mitigate the impact of coronavirus on Primark, including the possibility of increasing production from other regions.