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Primark owner profits jump despite early summer washout

Source: BBC

Primark owner ABF (Associated British Foods) has reported a jump in profits despite a wet summer dampening sales of swimwear and holiday clothes.The owner of the fast fashion brand reported a 43% rise in profits before tax, reaching £1.9bn over the year to 14 September.It said "challenging weather" had hit the number of people visiting its shops between April and June.It comes as the British Retail Consortium…

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