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Primark commits to 85 million euro investment in Spain and Portugal
Madrid – As part of its sustained commitment to the Spanish and Portuguese markets, Primark's management for Iberia has just announced an investment of over 85 million euros (100 million dollars) in its businesses in both countries. These funds will be used for the refurbishment of part of its current store portfolio and for the opening of new...
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Next raises profit guidance following strong first quarter sales
British clothing retailer Next has increased its full year profit guidance to 1.21 billion pounds after full price sales in the first quarter exceeded internal forecasts. Total full price sales for the 13 weeks to May 2, 2026, rose 6.2 percent compared to the previous year, surpassing the 4 percent growth initially anticipated by the group. This...
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