BusinessMember
Primark to slash 150 jobs across international workforce
Budget retailer Primark is preparing to cut approximately 150 jobs across locations in Ireland, the UK and the US. Around 100 of these redundancies are expected to roll out at the company’s international headquarters in Dublin, reflecting 7 percent of its 1,500 strong workforce in the city. The proposed job cuts are said to be in the People &...
8 hours ago
BusinessMember
H&M Group profit dips in first half 2025
Swedish fashion group H&M saw higher freight costs, unfavourable exchange rates and increased markdowns impact its first half (H1) of the 2025 financial year (FY25), resulting in decreased operating profit and profit after tax. In a financial update, H&M Group reported an operating profit of seven billion Swedish krona. This represents a...
9 hours ago