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Primark lacks fizz as it approaches its go-it-alone moment

After a profits dip, the chain’s demerger from its sister food company still makes sense but is unlikely to reveal tons of value Primark brings forward home deliveries plan by two years as profits slide The business logic for demerging Primark from Associated British Foods’ greater Ovaltine-to-Twinings empire – an event due to happen by the end of next year – is impeccable.

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Primark lacks fizz as it approaches its go-it-alone moment
चित्र: The Guardian Business

खबर का सारांश

After a profits dip, the chain’s demerger from its sister food company still makes sense but is unlikely to reveal tons of value Primark brings forward home deliveries plan by two years as profits slide The business logic for demerging Primark from Associated British Foods’ greater Ovaltine-to-Twinings empire – an event due to happen by the end of next year – is impeccable.

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