Primark news and archive

Primark boss defends practices as budget fashion brand eyes expansion

Ireland-based budget fashion chain Primark has been criticised for its record on workers' rights and the effect of its low-cost, high-volume model on the environment. But its chief executive Paul Marchant does not agree. "I don't buy the story that we can't be ethical buying from Asia," he told AFP in an interview in Dublin. In the world of...

BusinessFeatured

Primark cuts carbon emissions across its value chain

Value fashion and homeware retailer Primark reports that it has cut carbon emissions across its value chain, three years after it published its 2030 sustainability commitments, after switching to renewable and low-carbon energy. Primark said in its annual ‘Sustainability and Ethics Progress Report’ that its decarbonisation programme is beginning...

BusinessFeatured

Robust retail expansion drives sales and profit growth at Primark

Primark’s revenue growth in 2024 was 6 percent to 9.4 billion pounds with like-for-like sales growing 1.2 percent. The company reported 51 percent growth in adjusted operating profit to 1.1 billion pounds, with margin recovery to 11.7 percent, up from 8.2 percent in 2023. For 2025, Primark is targeting mid-single digit sales growth as the...

Retail

Primark to open first store in Texas in December

Value fashion retailer Primark has confirmed that its first store in Texas, US, will open at the La Plaza Mall in McAllen on December 12. The store will span 37,000 square feet and will offer the retailer’s value fashion for the whole family, including everyday essentials such as denim starting at 10 US dollars and T-shirts at 4 US dollars,...

RetailFeatured

Primark to open first store in Manhattan

Value fashion and lifestyle retailer Primark has confirmed it will open its first store in Manhattan, New York City, as it continues to push forward with ambitious plans of opening 60 stores in the US by 2026. The Manhattan store will be located in Herald Square, directly across the street from Penn Station, the most highly trafficked train...

BusinessFeatured

Primark debunks the myth that price equals quality and durability

Value fashion retailer Primark, part of Associated British Foods, has launched a new durability framework, as it states it is possible to create affordable fashion that lasts, debunking the myth that price equals quality, with research showing five pound T-shirts can last as long as, or longer than, their pricey counterparts. The durability...

Fashion |Beauty

Primark launches biggest ever Breast Cancer Awareness collection

Value fashion retailer Primark has launched its biggest-ever range of products to provide support and comfort for those affected by breast cancer in the UK to mark Breast Cancer Awareness month this October. The 37-piece Breast Cancer Awareness collection is made up of two ranges, with prices starting at 4 pounds. The post-surgery range includes...

Retail

Primark continues to expand its click-and-collect service

Value fashion and homeware retailer Primark is continuing to expand its successful click-and-collect service to another 50 stores by year-end, as well as adding menswear and homeware to the offering for the first time. Primark will expand click-and-collect to 54 more stores before the end of this year, as the retailer marks its 50th year on the...

BusinessFeatured

ABF says "unfavourable" UK weather to impact Primark's H2

Associated British Foods (ABF), parent company of Primark, expects revenue growth in the second half to be around 4 percent, driven by a strong sales contribution from the continued store expansion programme. Like‐for‐like sales are expected to decrease by around 0.5 percent, with growth of 0.2 percent in the third quarter and a projected...

Fashion |In Pictures

Primark unveils Beetlejuice collection with costume designer Colleen Atwood

Value fashion retailer Primark has unveiled an exclusive collection in partnership with Warner Bros. Discovery Global Consumer Products, inspired by the upcoming ‘Beetlejuice Beetlejuice’ film in collaboration with four-time Academy Award-winning costume designer Colleen Atwood. The 12-piece womenswear collection aims to capture the essence of...

RetailFeatured

Primark launches its first ‘Swap Shop’ in-store concept

Value fashion retailer Primark is teaming up with circular clothing company Verte to launch its first swap shops in-store. Primark will be trialling the new pre-loved clothing concept to celebrate London Fashion Week, offering customers the chance to exchange pre-loved and vintage clothing in its ‘Swap Shop’ pop-ups launching in select London,...

Retail|In Pictures Featured

Primark opens milestone 450th store

Primark, the value fashion and lifestyle retailer that opened its first store in Dublin, Ireland, in 1969, has opened the doors to its 450th store in Orlando, Florida, as it continues to push forward with its US expansion. The opening in Orlando, Florida, located near the Walt Disney Resort, marks the retailer’s 26th store in the US and comes...