Primark Needs to Focus on Growth Internationally -- Market Talk
Dow Jones04-21
0755 GMT - Primark has gotten to a size where it needs focus to capitalize on its own growth, particularly internationally, Interactive Investor's Richard Hunter says. AB Foods' spinoff of the business means that Primark can now potentially tap into its own growth prospects, after accounting for around half of revenues as part of the overall business, Hunter says. But, Primark is also now up against competitors like Shein and Temu, and behind Next in terms of its online business, he adds. AB Foods shares are down 4.4% at 1,803 pence. (aimee.look@wsj.com)
(END) Dow Jones Newswires
April 21, 2026 03:55 ET (07:55 GMT)
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