Penneys owner warns of €1.6bn sales hit if lockdowns last through March
Primark/Penneys does not have an online shop to help bolster sales
Primark/Penneys does not have an online shop to help bolster sales
Retailer is losing net sales of €700m a month during crisis
Irish-run fashion chain is traditionally viewed as most resilient in sector
Shares in parent company Associated British Foods down 15% as lack of a digital model criticised
Traditional retailers like M&S and Hugo Boss looking to the example of Primark, H&M and Inditex
Primark reports 22 per cent increase in sales during its fiscal third quarter
‘It will not happen on my watch,’ says John Bason
Discount clothing business the main driver of 8 per cent growth for parent company
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