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Primark Owner Pleased With US Entry, Blames Weather for Weak Sales Across Europe

Warm, wet weather across Europe put a damper on Primark’s sales in the weeks leading up to Christmas, Associated British Foods (ABF) said Thursday.

The budget fashion chain’s owner published a trading update that revealed sales at stores open for more than a year in the nine-week period ended Jan. 2 were weak as mild temperatures kept shoppers away from sweaters, coats, hats and scarves.

Read more at Sourcing Journal.