Primak'S Radical Expansion Led To Prominent Symptoms

This period of time can be unbridled. It may be the cheap fashion retailer Primark.

However, Primark, which recently released its medium-term profits, does not seem to be that impressive.

It is reported that in the first half of fiscal year ended February 27, 2016, Primark adjusted its operating profit to 2.8%, or 313 million, compared with the 322 million decline in the same period of last fiscal year, and the operating profit rate also declined.

Although the decrease ratio

On the low side, the group pointed out that the main reason was that the cost of the US dollar was strong, which led to the increase of the purchasing cost, and thus dragged the group's good influence because of the strict management of stockpile risks.

Investment bank analysts believe that Primark has proved its ability to produce in the international market, so despite the decline in profits this year, it is still expected that the brand will have long-term profit growth.

Therefore, there is no downgrading.

However, it also benefited from radical expansion, allowing Primark.

Wide spread, so to a certain extent, can stimulate the group's same store sales performance.

And such radical expansion has also brought about.

Risks.

But because the group has some measures to avoid it.

Mainly because of the impact of exchange rate, its profitability has gone backward.