All Primark articles – Page 2
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Retail Navigator Analysis
Primark (Financials)
Total sales at Primark rose 4.9% to £9,448m in the year to 14 September 2024 (FY2024). Revenue climbed 6% in constant currency, which the retailer said reflected “a strong performance” across its key growth markets, including the US, France, Spain, Italy and Central and Eastern Europe (‘CEE’), as well as the UK (its largest market).
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News
Primark profits rocket as sales climb
Value clothing powerhouse Primark has posted a big rise in full-year profits, helped by factors such as lower costs.
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Retail Navigator Analysis
Primark (Strategy)
Primark announces a three-year project with WRAP to support its “commitment to giving clothes a longer life”. The partnership will explore how collaboration and innovative solutions can keep clothing in circulation for longer to help reduce textile waste.
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News
Primark is opening its first store in Manhattan as US expansion ramps up
Primark has confirmed it will open its first store in Manhattan, New York City, as part of its ongoing international expansion as the value fashion giant targets 60 stores in the US by 2026.
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News
M&S set to overtake TK Maxx and Frasers as UK’s second-largest fashion retailer
Exclusive: Marks & Spencer is forecast to overtake a number of its rivals to become the UK’s second-biggest fashion retailer behind Next by 2027, Retail Week can reveal.
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Report Store
Retail 2025
Exclusive: 43 retail leaders from 39 businesses reveal their strategies for 2025
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Feature
Half a century of savings: How Primark has shaped the British high street and its plans for the future
As Primark celebrates its 50th anniversary on the British high street, UK retail director Kari Rodgers speaks to Retail Week about the evolution and expansion of the business over the past five decades and how it plans to continue on an upward trajectory.
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News
Primark rolls out click and collect to more stores in time for Christmas
Primark is rolling out its click-and-collect service to a further 54 stores in time for Christmas as the retailer celebrates 50 years on the high street.
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News
Primark has maintained its guidance despite unseasonable summer weather taking toll
Fashion giant Primark has maintained its full-year guidance despite the unseasonable British summer taking its toll during the second half.
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News
Primark launches pre-loved pop-up shops
Retail giant Primark is launching its first Swap Shop initiative for customers to allow them to swap vintage and pre-loved clothes in stores.
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Gallery
Primark opens new US store dedicated to Disney
Fashion giant Primark has opened its newest store in Orlando, Florida, in partnership with The Walt Disney Company.
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Analysis
Price, value and competition: The factors determining this year’s back-to-school winners and losers
As the majority of the back-to-school retail players lock prices across school uniforms and essentials again this year, Retail Week looks at the driving factors of the peak shopping period ahead of the return to school in August and September
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News
Primark is locking prices of kids’ essentials to help families ‘feeling the pinch’ get back to school
Fashion giant Primark is freezing prices on hundreds of children’s clothing essentials to support families with their back-to-school shopping.
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News
Primark has named former Tesco and Whitbread exec as new COO
Primark has poached an executive from Premier Inn owner Whitbread for its new chief operating officer.
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News
Primark accelerates expansion in Portugal with €40m investment
Fashion giant Primark has announced it will invest €40m (£33.8m) into its Portuguese business, opening four new stores in four new cities.
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Opinion
‘Brightening retail outlook could create sweet spot for M&A this year’
After a challenging 2023, falling valuations and pent-up demand for deals could spark a revival in retail M&A as economic conditions stabilise, believes Erin Brookes
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Gallery
Primark transforms old cinema into new flagship store
Value fashion giant Primark has opened the doors to its second flagship store in Madrid.
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News
Primark secures former House of Fraser premises for new Surrey store
Fashion giant Primark has secured the former House of Fraser premises at Epsom-based shopping centre The Ashley Centre as part of its £7m refurbishment.
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Data
Ranking: The top 15 most productive fashion retailers
We’ve teamed up with our sister brand Retail Navigator to give you a rundown of the fashion retailers that have the lowest cost of staff to sales ratio, and are therefore the most productive players in the sector.
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Opinion
‘WHSmith, JD Sports and Primark can successfully target a slice of American retail pie’
Retailers from this side of the pond have frequently come a cropper when attempting to expand in the US, but the signs look good for JD Sports, Primark and WHSmith judging by the retailers’ updates this week, believes George MacDonald