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Apparel Group Associated'S Brand Primark Will Enter France.

2013/9/4 18:22:00 14

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< p > British food processing and < a target= "_blank" href= "//www.sjfzxm.com/" > dress > /a > retail group Associated British Foods PLC (Foods) its cheap clothing brand will enter France. In the future, five stores will be opened in France, and the first store will be opened in France during the Christmas season, which is located in the shopping mall, with an area of 62800 square feet.

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< p > Primark the second French stores will open in the eastern French city of Dijon early next year, and the remaining three will be assembled in the capital Paris.

In March next year, Primark will open two stores in Paris's O Parinor mall and Villeneuve-la-Garenne, and the third stores in Paris will open in Creteil Soleil in June.

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< p > Primark currently operates 256 stores in eight markets including the United Kingdom, Germany, Spain, Holland, Ireland, Portugal, Australia and Belgium, including 160 in the United Kingdom, 38 in Ireland, 35 in Spain, 10 in Germany, 6 in Portugal, 4 in Holland, 2 in Australia, and 1 in Belgium, respectively.

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< p > in the case of the general depression of British traditional retailing, Primark still maintains its growth on the basis of its price advantage.

Associated British Foods PLC (ABF.L) sales increased by 8% in the three quarter, mainly driven by the sales growth of its Primark 20%.

In contrast, other UK high street fashion brands such as Marks & Spencer Group PLC (MKS.L) Martha department store, Debenhams PLC (DEB.L) and Next only recorded flat or even regressive quarterly results.

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< p > in the first 40 weeks to June 22, 2013, Primark sales increased by 22%, but slightly less than the 24% growth in the first half.

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< p > Primark has landed in British fashion electronics giant ASOS PLC (ASC.L) in early June for the first time to enter e-commerce.

A week later, ASOS said Primark sales were hot, and Nick Robertson, CEO of the company, said: "obviously, our customers' demand for Primark products is very strong."

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