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Primark reports record Christmas sales

Primark, part of Associated British Foods plc said in a trading update that footfall during the Christmas period was strong in both the UK and the Eurozone, and sales were 18 percent ahead of last year at actual exchange rates and 15 percent at constant currency to 3.15 billion pounds. The company's like-for-like sales were 11 percent ahead,...

Jan 24, 2023

BusinessFeatured

H&M, Zara and Gap among brands found to be unfairly treating Bangladesh suppliers

A new report by Transform Trade has found a number of major high street fashion retailers to be paying and treating their Bangladeshi suppliers “unfairly”. The likes of H&M, Gap, Next, Primark and Zara are among the brands named for paying factories below the cost of production. Entitled ‘Impact of Global Clothing Retailers’ Unfair Practices on...

Jan 9, 2023

Retail

How retailers are supporting customers during cost-of-living crisis

The British Retail Consortium (BRC), which brings together thousands of retailers, has compiled the actions some of its major members have taken to support their customers in times of rising energy prices and increased cost of living. Aldi Discount supermarket chain Aldi has donated 700,000 meals to charities, food banks and community groups...

Jan 9, 2023

Business |Interview Featured

CEO of Primark Netherlands talks the retailer's repair service and the strategy behind it

Towards the end of 2022, Primark Netherlands hosted repair workshops at the retailer’s store in Rotterdam, where customers could learn to sew on a button and replace a zip. Ellen Haeser, teacher and owner of trend agency Studio Haeser, hosted the workshop with the support of students from Zadkine fashion training courses. Such an initiative at a...

Jan 2, 2023

Retail

Primark opens more stores in NYC

Value retailer Primark is opening two additional stores in New York, bringing its total portfolio to five stores. A new location in Brooklyn, City Point, marks Primark’s 16th US store, as part of an aggressive growth plan to reach 60 stores by 2026. "New Yorkers have been experiencing 'Primania' more than ever this season and we are so excited...

Dec 21, 2022

Retail

Primark to open 10 new stores ahead of Christmas

Associated British Foods (ABF), the owner of Primark, said the budget retailer is preparing to open 10 more new stores in the run-up to Christmas, as the group continues to implement its retail expansion plans. The announcement came as part of ABF’s annual general meeting led by chairman Michael McLintock. In the meeting, McLintock provided a...

Dec 9, 2022

BusinessFeatured

Primark presents results in latest sustainability report

Just over a year ago, in September 2021, Irish textile discounter Primark unveiled a far-reaching sustainability strategy aimed at reducing textile waste, halving CO2 emissions throughout the company's value chain and improving the lives of the people who make Primark products. Now the company has presented the results in its “Sustainability and...

Dec 5, 2022

Report

Primark to invest 100 million euros in Spanish store estate in next two years

Fast fashion giant Primark is injecting a further 100 million euros into its Spanish store fleet. Eighty million euros will be spent on opening at least eight new stores and one store extension over the next two years, while the remaining 20 million euros will go towards upgrades and refurbishments in other stores. The investment will result in...

Nov 29, 2022

Retail

Primark to invest 140 million pounds in its UK store portfolio

Affordable fashion chain Primark is upgrading its UK retail portfolio, stating it will invest 140 million pounds over the next two years. The Dublin-based company said it would open at least four new stores in Bury St Edmunds, Craigavon, Salisbury and Teesside Park in addition to planned upgrades and refurbishments across its UK stores....

Nov 25, 2022

Retail

Primark continues US growth with three New York store openings

Budget retailer Primark is continuing on its path of growth in the US with the opening of three new store locations in New York. Set to open before the end of the year, the stores in Roosevelt Field in Garden City, Jamaica Avenue in Queens and City Point in Brooklyn kick off the company’s growth plan to reach 60 stores in the region by 2026....

Nov 18, 2022

Retail

Demand for new click and collect service crashes Primark website

High demand for Primark’s click and collect service forced the British retailer’s website to crash on Monday. The trial service, which is initially available in 25 UK stores and launches with childrenswear, is a result of the company losing 1 billion pounds in sales during the pandemic, when it did not offer pick-up or delivery options and...

Nov 14, 2022

RetailFeatured

How fashion retailers are integrating beauty into their physical stores

Fashion retailers adopting beauty into their strategies is not something that is entirely new. Online department store Net-a-Porter launched a beauty category as early as 2015, which was followed closely by a similar initiative of multibrand retailer Revolve, with the trend then exploding as it began to leak out from e-tailers to physical...

Nov 11, 2022