Primark says stock woes could persist until 2023

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But the fashion retailer says its shops are all set for Christmas and it expects profits to rise. …

Mr McLintock said AB Foods – which, as well as running Primark, also owns food brands such as Twinings, Ovaltine and Patak’s – was seeing “significant cost increases in energy, logistics and commodities, in addition to the impact of widely reported port congestion and road freight limitations”.

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