European apparel retailer Primark has no plans for a massive clearance sale as shops in the UK prepare to reopen
The retailer, owned by parent Associated British Foods, said it does not need to place discounts beyond its already existent cheap prices, the newspaper reported Monday.
Some of Primark's seasonal products will likely be put into storage for sale in 2021, but other items such as duvets, T-shirts, and underwear will continue to be sold at full price, the report said.since March 22, losing about £650 million on sales in a month. About 68,000 of its employees have reportedly been put on various taxpayer-funded schemes to keep a check on costs.
Due to the hot weather in April and May, leisurewear, pyjamas, and children's clothes have picked up sales in recent weeks.
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