Primark owner Associated British Foods has warned that there could be a shortage of stock due to coronavirus.
Prolonged delays at the owner’s Chinese factories due to coronavirus could leave Primark short on stock, though not until later this year, reports the Mirror.
AB Foods, which sources several of its key lines from China, said it typically builds inventories in advance of Chinese New Year and is therefore well stocked for several months and does not expect any short term impact.
However, owners have warned that long-term manufacturing delays due to the virus could hit sales in stores across the UK and Europe.
Associated British Foods said overall, half-year sales and operating profit growth are both expected to surpass expectations following strong sales at the high street retailer.
