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Sainsbury's warns of GBP500m profit hit as clothing sales slump

2020-04-30 12:37:00| Daily apparel & textile news and comment - from just-style.com

UK supermarket retailer Sainsbury's has warned of a GBP500m (US$624m) profit hit for its next financial year as significant costs related to safety measures amid the Covid-19 pandemic and lower clothing sales take their toll.

Tags: sales hit clothing profit

Category:Consumer Goods and Services

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