All Primark articles – Page 8
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NewsPrimark profits to exceed last year despite fourth quarter sales hit
Primark owner ABF has said it expects full year profits to be ahead of last year, due to a reduction in labour overheads and lower store operating costs.
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NewsPrimark’s new Philadelphia store ‘important milestone’ in retailer’s US expansion
Primark’s US boss has labelled its Philadelphia location an “important milestone” in its American expansion after the fashion retailer opened its 13th store since entering the country in 2015.
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DataData: Primark and H&M results show fashion’s fortunes are on the up
After a tough year for the fashion industry, strong updates from Primark and H&M show that the category is beginning to emerge from the Covid doldrums.
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NewsPrimark expects profits to be in line with last year following strong reopening
Primark owner ABF has said the fashion giant’s stores have performed exceptionally well since reopening and predicted full-year profits will be in line with the previous year.
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GalleryStore gallery: Primark extends to 14th market with first Czech store
Primark has opened its first ever Czech store on Prague’s Wenceslas Square.
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NewsPrimark launches recycled loungewear collection
Primark has launched a new sustainable collection certified by circular fashion business Recover.
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NewsRetail fortunes flag but online entrepreneurs climb Sunday Times Rich List
Traditional retailers’ fortune have had a bruising year but a number of online retail entrepreneurs have climbed or entered The Sunday Times Rich List for the first time.
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Retail Navigator AnalysisPrimark (SWOT)
Primark’s value-oriented stance continues to chime with customers. Its supply chain has been a key asset in its ability to source cheap, yet fashionable, clothing.
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Retail Navigator AnalysisPrimark (People)
Primark has been headed up by Paul Marchant as chief executive since 2008. His strategy since taking the helm has focused on international expansion and improving the retailer’s ethical and sustainability credentials.
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Retail Navigator Analysis
Primark (Overview)
Primark is a value-oriented fashion retailer that has a strong reputation for good quality, stylish fashion and basics at very competitive prices.
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AnalysisDeep dive: Understanding your new target shoppers – their favourite stores revealed
Where and how will the post-pandemic consumer want to shop? Retail Week unpacks the data.
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NewsPrimark boss insists ‘fashion is back’ as lockdown easing takes effect
Shoppers filled their baskets with the latest styles as well as staples at Primark when the retailer reopened, signalling hopes of a return to more normal life post-pandemic.
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NewsPrimark owner to repay furlough cash as reopened stores deliver record sales
Primark’s parent company Associated British Foods has said it plans to repay money claimed on the government job retention scheme as its reopened stores rebounded last week.
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AnalysisAnalysis: Five ways that W Galen Weston changed retail
Retail Week looks at how the entrepreneur and philanthropist built a transatlantic empire and changed the face of the industry.
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NewsW Galen Weston, retail tycoon behind Primark and Selfridges, dies at 80
The UK-born retail entrepreneur and philanthropist W Galen Weston, whose empire spanned food, retail and real estate, has died at the age of 80.
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DataData: The top five retailers consumers want on high streets
The future of UK High Streets is at stake as the country emerges from the grips of the pandemic, but it is important to understand what consumers want from it if they are to return in greater numbers. Read Retail Week’s High Street Rebooted report to find out what 1,000 UK consumers said
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AnalysisFootprint calculator and sustainable labelling: what Textiles 2030 means for fashion
The UK government has unveiled several initiatives in a bid to tackle the environmental issues surrounding the fashion industry and support a sustainable future – but what will it mean for retailers?
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GalleryStore gallery: Primark’s first Chicago store
Primark has opened its first store in Chicago, Illinois, marking the retailer’s debut in the US midwest.
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NewsPrimark positive over plans for April 12 reopening with 'worst behind us'
Primark finance boss John Bason has said the retailer believes it is “more than likely” it will reopen stores on April 12.
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NewsPrimark loses £1.1bn in sales due to lockdowns
Primark estimates that non-essential retail closures across its global store estate cost the business £1.1bn in lost sales in the first half of its financial year, but expects the period after lockdown ends to be “highly cash generative”.
