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    Primark Recall Products Containing Carcinogenic Chemicals

    2017/7/19 13:40:00 84

    FashionBrandPrimark

     Primark

    According to the world clothing and shoe net, Britain has been cheaply and quickly after the latest strong three quarter results.

    fashion

    The brand Primark is hit.

    brand

    The website announced that it would recall three flip flops, which were also checked for excessive carcinogenic chemicals.

    According to the brand's statement on Monday, the carcinogenic chemicals Chrysene, 3 of the black, blue and khaki Primark recorders recalled, all exceeded the compliance standard of 1 mg/kg, and their sales date was from January 4, 2017 to June 2nd.

    The three brands that have been recalled are

    Primark

    Its own brand Cedar Wood State products.

    Primark said that in addition to the refund to consumers who purchased the above products, all orders of the supplier were suspended while conducting a thorough investigation. However, the company indicated that it was unable to lock the factory location for producing the above products.

    This is the third time this year's Primark product recall / shelf down incident. The company also recalled a kitten shaped children's tights, because the bow tied on tight pants suffocated easily. In February, the company complained of racism and offended the series of T-shirts on the lower shelf.

     Primark

    Despite repeated product problems, Primark was among the top European apparel retailers in the three quarter at a low price.

    John Bason, chief financial officer of Primark Associated British Foods PLC (ABF.L), the chief financial officer of the British Union food group, revealed in the performance report of last week that the sales performance of the same store in the three quarter was "far better than" in the first half of the fiscal year, which only increased by 2%, but he did not give specific figures.

    News stimulated Associated British Foods PLC (ABF.L) soared up to 6.2% in early July 6th July 6th, the biggest increase in 8 months.

    As of the early 14 weeks of July, Primark sales recorded an increase of 21% and a fixed exchange rate of 15%. The group noted that its sales performance before Easter was particularly strong, thanks to the low base of the same period last year and the normal weather this year.

    In the 40 weeks to the current fiscal year, fixed exchange rate sales rose 13% over the same period last year, exceeding market expectations, which is equivalent to an increase in the average retail sales area. Sales at real exchange rates benefited from a weaker pound and a 21% rise.

    Among them, the British domestic market recorded a 9% increase, the group said the brand continued to win market share in the domestic apparel market as a whole.

    John Bason points out that "the UK is particularly very strong sales, unlike most retailers, and I think we are outstanding."

    Analysts have been wary of buying Primark from the US dollar from most Asian currencies because of the depreciation of the pound.

    Associated British Foods PLC Ying Lian food group said it had stabilized its profit margin by reducing sales discounts, and estimated that Primark's annual profit margin could be flat in the first half of fiscal year.

    As of the three quarter of June 24th, Primark has 339 stores in Europe and the United States. Its retail sales area is about 1 million 360 thousand square feet. During the three quarter, the brand opened 10 new stores, and there will be 5 more stores in the fourth quarter. It is expected that the retail sales area will be increased to 1 million 500 thousand square feet by the end of the year.

    More interesting reports, please pay attention to the world clothing shoes and hats net.

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