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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

ManagementFeatured

Primark sales rise, doesn’t plan further prices increases

Primark has reported a 43 percent year-over-year increase in adjusted sales. The fast-fashion giant made sales of 7.7 billion pounds in the 52 weeks to September 17, up from the 5.6 billion pounds it reported a year earlier. It came as shoppers swarmed back to physical stores following the end of lockdown restrictions which heavily impacted the...

Nov 8, 2022

Retail

Primark unveils Greggs cafe in Oxford Street store

Primark has revealed its new ‘Tasty by Greggs’ cafe at its Oxford Street East store in London, following on from the concept’s initial launch in Birmingham earlier this year. The cafe is located on the top floor of the retailer’s London flagship, in a space that features vibrant interiors and doughnut-inspired furniture in a bid to be the most “...

Oct 27, 2022

Retail

Primark reintroduces women-only fitting rooms following backlash

Primark has announced it will be bringing back dedicated fitting rooms for women in its UK stores after a number of female customers reported unsettling experiences in its combined fitting room layout. The decision is a partial u-turn for the fast fashion retailer which moved to axe its separate changing areas for men and women in 2019. Its...

Oct 7, 2022

Fashion

Primark launches specialist breast cancer collection

Primark has launched a specialist breast cancer collection, co-designed and developed with Breast Cancer Now charity and people who have been impacted by breast cancer. The 28-piece collection marks the second collection from Primark and Breast Cancer Now, and features leisurewear, underwear, nightwear and accessories, such as hoodies, T-shirts...

Oct 5, 2022

Business

Primark to halt sourcing in Myanmar

Fast fashion retailer Primark has announced that, in light of the unfolding situation in Myanmar, which is currently under military regime after a coup last year, it will be making a “responsible exit” from the country. Its decision follows the Ethical Trade Initiative’s (ETI) independent assessment of human rights and responsible business...

Sep 19, 2022

ManagementFeatured

Primark FY sales surge, but parent ABF warns on profits

Sales at fast fashion giant Primark have surged in its current year, but its owner has warned of a drop in profits next year amid rising inflation. In a pre-close update for the year ending September 17, Associated British Foods (ABF) said it expects sales at Primark to jump 40 percent to 7.7 billion pounds on a constant currency basis. It said...

Sep 8, 2022

Fashion

Primark launches first ever menopause collection

Ageing is not something that is generally celebrated, especially if it goes along with hot flashes, chills, night sweats, sleep problems and mood changes. In fact, many brands and marketers avoid the m-word or menopause, as if a woman magically goes through this period of transformation and comes out stronger on the other side after shutting...

Sep 8, 2022