Primark owner’s shares drop as sales fall amid Trump tariff fears

From Yahoo Finance: 2025-04-29 05:23:00

Shares in ABF, which owns Primark, dropped after the budget clothing chain reported a 6% sales decline in the UK and Ireland due to consumer confidence concerns amid trade wars. Primark’s overall sales rose by 1%, with growth in other countries. ABF’s group revenues fell by 2% to £9.5bn. The company may close UK bioethanol plant Vivergo if regulations aren’t changed.



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