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...
Sept 19, 2022
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...
Sept 8, 2022
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...
High street retailer Primark is introducing vintage clothing concessions in collaboration with ‘WornWell’ by the Vintage Wholesale Company in its Birmingham and Manchester stores. The concessions will offer Primark customers the chance to shop branded and un-branded vintage and one-off items of clothing at affordable prices, alongside its new...
Aug 24, 2022
Over 100 retailers have come together in a joint letter to Police and Crime Commissioners (PCCs) in England and Wales, calling on it to commit to making retail crime a priority in local policing strategies. In the letter, which was shared by the British Retail Consortium (BRC), retailers had expressed increasing concern over the rising levels of...
Aug 12, 2022
Primark has announced the appointment of Michelle McEttrick to its newly established role of chief customer officer. Reporting to CEO Paul Marchant, McEttrick is set to join the budget retailer from September 19 and is tasked with further developing the Primark Brand and Customer Strategy as it looks to expand into new markets, channels and...
Aug 11, 2022
Primark’s Irish chain Penneys has pledged to freeze prices of its best-selling essential kids’ products amid the cost of living crisis. “Penneys will protect the prices on more than a thousand of its essential kids’ products as it seeks to help family finances go further amid the rising cost of living,” the retailer said in a statement. It said...
Jul 29, 2022
Primark’s owner Associated British Foods (ABF) has announced that Eoin Tonge has been appointed as the company’s next finance director, succeeding John Bason who is retiring and stepping down from the board. A start date is yet to be agreed on, however ABF said it will be no later than February 2023. Tonge will be joining ABF from Marks &...
Jul 21, 2022
Primark has expanded on its partnership with Recover, a recycled cotton fibre manufacturer, making it the first major retailer to launch the company’s proprietary RColorBlend fibre globally through a new leisurewear collection. Recover, which transforms textile waste into recycled cotton fibres and cotton blend fibres, produces RColorBlend by...
A new skincare line by Primark will include Fairtrade certified beauty products as part of a new partnership between the fast fashion retailer and product certification company. The new beauty products, set to launch in the retailer’s 14 markets, will consist of body butter, bath oil, face cream, cleansing balm, multi-function balm and hand...
Jul 14, 2022
Primark continued its pandemic recovery in the third quarter of the year as it reported a surge in sales as shoppers returned to physical stores. Parent company Associated British Foods (ABF) said all Primark stores were open during the quarter in contrast to last year when most were closed until the middle of April due to lockdowns. It meant...
Jun 20, 2022
The rising cost of goods is impacting high street retailers, but shoppers will be paying the price. Global supply chain disruptions, increased shipping and fuel costs and a Ukraine war now its fourth month, are all compounding inflation. Primark, one of the UK’s leading value fashion retailers, this week told the BBC it is raising prices in...
May 31, 2022
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