Martin Lewis George Weston Britain USA record track consequences Martin Lewis George Weston Britain USA

Primark issues warning to anyone who shops in its high street stores

Reading now: 589
manchestereveningnews.co.uk

High-street giant Primark has issued a warning to anyone who shops in its stores. The announcement will be a crushing blow for people who rely on the retailer for cheap clothing and homeware.

Primark has warned that it will increase prices on its autumn and winter collection as costs go up for businesses around the world.

The budget fashion chain will make “selective” rises in the range, having avoided most pressures from inflation until now because global exchange rates fell in its favour.

But AB Foods, which owns Primark and Twinings and is also a major sugar producer, said the US dollar is strengthening and inflation is soaring, which will force the changes.

Read more on manchestereveningnews.co.uk
The website celebsbar.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA