Home Business News Primark owner warns over coronavirus disruption

Primark owner warns over coronavirus disruption

by LLB Editor
24th Feb 20 10:45 am

Primark owner Associated British Foods says there is a risk of supply shortages on some lines later in the financial year if delays in factory production in China are prolonged due to coronavirus.

AB Foods sources a range of product from China and says it is well stocked in the short-term.

“We are assessing mitigating strategies, including a step-up in production from existing suppliers in other regions,” it said.

The group also owns major sugar, grocery, ingredients and agriculture arms. Several of its food businesses have operations in China.

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