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Primark (OLD)

Primark (OLD)
Retail

Primark Owner's Shares Fall as Hot Summer Hits Apparel Sales

The clothing chain's like-for-like sales will decline by 2 percent in the year ending Saturday, the company said Monday, citing Europe’s unusually hot summer weather.

Retail

Primark Owner's Shares Fall as Hot Summer Hits Apparel Sales

The clothing chain's like-for-like sales will decline by 2 percent in the year ending Saturday, the company said Monday, citing Europe’s unusually hot summer weather.


News & Analysis

Primark Sticks to Cautious US Expansion Plans as Sales Gain

The chain will open a store in Brooklyn this year, bringing the total number of US outlets to nine.

News & Analysis

Primark Sticks to Cautious US Expansion Plans as Sales Gain

The chain will open a store in Brooklyn this year, bringing the total number of US outlets to nine.


Financial Markets

Primark-Owner AB Foods Forecasts Flat First-Half Profits

The group said profit would be held back by a previously flagged reduction in sugar revenues, but maintained its full-year outlook.

Financial Markets

Primark-Owner AB Foods Forecasts Flat First-Half Profits

The group said profit would be held back by a previously flagged reduction in sugar revenues, but maintained its full-year outlook.


Retail

Primark Prospers in Holiday Season

Brexit-squeezed UK consumers are shifting their spend from department stores to discount chains.

Retail

Primark Prospers in Holiday Season

Brexit-squeezed UK consumers are shifting their spend from department stores to discount chains.


Retail

UK Retail Has Biggest June Sales Rise for 6 Years

The rise was helped by warm weather and weak numbers in the same month last year.

Retail

UK Retail Has Biggest June Sales Rise for 6 Years

The rise was helped by warm weather and weak numbers in the same month last year.


Financial Markets

Primark Plans Biggest Expansion in a Decade as Sales Soar

The retailer will open 29 stores in the current fiscal year, mainly outside the UK, owner Associated British Foods Plc said Wednesday.

Financial Markets

Primark Plans Biggest Expansion in a Decade as Sales Soar

The retailer will open 29 stores in the current fiscal year, mainly outside the UK, owner Associated British Foods Plc said Wednesday.


News & Analysis

Retailers Chasing Fast Fashion Stumble Under Heavy Buyout Debts

Euro fast fashion has taken the US by storm, and distressed specialty apparel retailers are among the biggest casualties.

News & Analysis

Retailers Chasing Fast Fashion Stumble Under Heavy Buyout Debts

Euro fast fashion has taken the US by storm, and distressed specialty apparel retailers are among the biggest casualties.


News & Analysis

How Primark Is Constantly Looking for Slavery in its Supply Chain

British budget fashion chain Primark said on Wednesday it was constantly on the watch for any slavery in its supply chain while dismissing the idea that low cost meant exploitation.

News & Analysis

How Primark Is Constantly Looking for Slavery in its Supply Chain

British budget fashion chain Primark said on Wednesday it was constantly on the watch for any slavery in its supply chain while dismissing the idea that low cost meant exploitation.


Sustainability

Fashion Brands Ignore 'Endemic' Abuse of Syrian Refugees In Turkey: Watchdog

Child labour, pitiful pay and dangerous conditions are among the risks facing undocumented Syrian refugees working in Turkey's garment industry, according to the Business and Human Rights Resource Centre.

Sustainability

Fashion Brands Ignore 'Endemic' Abuse of Syrian Refugees In Turkey: Watchdog

Child labour, pitiful pay and dangerous conditions are among the risks facing undocumented Syrian refugees working in Turkey's garment industry, according to the Business and Human Rights Resource Centre.


Financial Markets

AB Foods Sees Relief from Currency Pressures as Profit Rises

Associated British Foods, owner of the Primark clothing chain, beat forecasts with a 3 percent rise in first-half profits and said currency pressures that had held back its performance were starting to ease.

Financial Markets

AB Foods Sees Relief from Currency Pressures as Profit Rises

Associated British Foods, owner of the Primark clothing chain, beat forecasts with a 3 percent rise in first-half profits and said currency pressures that had held back its performance were starting to ease.