Primark Under Pressure From Budget Rivals Shein and Temu

Primark is under extreme pressure from Shein and Temu as cash-strapped customers hunt for deals. After decades as the high street's go-to for budget clothing, Primark's owners could make some...

By Bloomberg Markets · Bloomberg Markets

Primark is under extreme pressure from Shein and Temu as cash-strapped customers hunt for deals. After decades as the high street's go-to for budget clothing, Primark's owners could make some big changes to win back shoppers. (Source: Bloomberg)