Tag : Primark
Primark ventures into branded streetwear Subscription
Primark has launched a branded streetwear line to mark its 50th anniversary.
Primark will hold prices despite margin pressureSubscription
Primark’s retail prices will remain steady despite warnings that its margins will take a hit next year, John Bason, chief financial officer at the retailer’s owner, Associated British Foods, has told Drapers.
Sales edge up at PrimarkSubscription
Sales at Primark have risen 4% year on year for the 52 weeks to 14 September, as the retailer’s expansion continues apace. However, like-for-like sales dropped by 2% for the period, and it warned that future margins are set to take a hit.
Primark's product operations director resigns Subscription
Primark’s product operations director, Andrew Reaney, has resigned from the business effective 13 September, Drapers can reveal.
Primark to train 160,000 cotton farmers Subscription
Primark has announced that it will train 160,000 cotton farmers in China, India and Pakistan and China in environmentally-friendly production methods.
Retail rents: the race to the bottomSubscription
Retailers are demanding rent cuts in the wake of an avalanche of company voluntary arrangements. But the long-term effect may be to undermine investment in retail property.
The industry is saddened this week by the loss of retail stalwart, Arthur Ryan, who has died aged 83. My thoughts go to all of his family, friends and colleagues.
Primark sales defy unseasonable weatherSubscription
Sales at Primark were up 4% for the 40 weeks to 22 June 2019, driven by increased selling space but offset by a decline in like-for-like sales affected by the weather.
Boohoo appoints Primark supply chain directorSubscription
Boohoo Group has appointed former Primark supply chain director, David James, into the same role at the business.
Weston family doubles dividend Subscription
The Weston family, which owns Primark and Selfridges, has doubled its dividend pay-out for 2018 to £151m.