Associated British Foods‘ (LSE: ABF) Primark has thrived in recent years, as global economic depression has cut into the nation’s disposable income, forcing fashionistas towards the budget end of the high street for their outfits. Indeed, separate from ABF’s other divisions, Primark alone has been valued at as much as £10bn. At the other end of the high street, Burberry (LSE: BRBY) (NASDAQOTH: BURBY.US) has had to battle to attract wealthier customers but it has found joy in emerging markets, such as China: according to reports, the East Asian state currently has one million households earning over$75,000 a year — though, by 2030, this is expected to rise to 74 million! Currently trading at just under 18 times earnings, is Burberry’s international appeal enough to sway Motley Fool analyst Mark Rogers, or does he favour Primark’s ABF, despite its pricier 26x rating? TMF editor Sam Robson finds out in the video below…
https://www.youtube.com/watch?v=3TCdXWifgZ4
Should you invest £1,000 in Associated British Foods right now?
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