Primark owner warns coronavirus threatens clothing supplies

Primark owner warns coronavirus threatens clothing supplies

Primark owner AB Foods 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. AB Foods, which sources more than 40% of Primark’s product from China, said it typically builds inventories in advance of Chinese New Year, meaning it is well stocked for several months.

Simone
Simone
little
little 2 months

Viral hysteria affects trade indeed. fueling nationalistic garbage thinking. convenient.

Top in Business
Get the App