Why UK Discount Retailer Primark Should Spinoff To Unleash Real Value For Investors [Forbes]
ASSOCIATED BRI/F UNSP/ADR (ASBFY)
NASDAQ:AMEX Investor Relations:
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Source: Forbes
Why UK Discount Retailer Primark Should Spinoff To Unleash Real Value For Investors It’s become an international brand giant with 373 stores in 12 countries and employing 75,000 staff, and this could just be the tip of the iceberg for Primark if the board of Associated British Foods Plc (LON: ABF) capitalize on its growth and decide to Spinoff the crown jewel segment. This event may provide a windfall for investors, say The Edge Primark is showing the kind of growth most retailers can only dream of in today’s complex climate. Millions of bargain hunters in cities from Paris to Madrid, Boston, Berlin and London flock daily to snap up the jaw-dropping prices. The value retailer has perfected the art of making affordable and fashionable items like baby and children's clothing, womenswear, menswear, homeware, accessories, footwear, beauty products, confectionery, and now tech - and it has no plans to slow down any time soon. It was the brainchild of the billionaire Weston family Their fir
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