primark

Retail Asia21/09/2022

UK fast fashion retailer Primark will make a “responsible exit” from the country following the Ethical Trade Initiative’s (ETI) latest report on human rights and responsible business conduct within the country. Primark described the situation in the country as “extremely concerning and very complex”, with international stakeholders holding differing views as to the best course of action […]

Retail Asia02/05/2019

Primark has launched the world’s largest fashion store in Birmingham, the UK. The 160,100sqft store is built over five stories and has been officially recognised by Guinness as the largest fashion store in the world. It has effectively taken over the former Pavilion shopping centre in the city’s downtown heart. The entire building is given […]

Retail Asia26/03/2019

UK fashion retailer Primark has introduced gender-neutral changing rooms in two stores, prompting both criticism and support from online observers. The move comes a year after Topshop began integrating its changing rooms. The response to Primark’s announcement has lit up social media in the UK, posing the question: Are shoppers ready for gender-neutral changing rooms? […]

Retail Asia18/04/2018

Primark sales and profits are on the rise as the UK-headquartered fast-fashion retailer shrugged off a chilly northern winter. Parent Associated British Foods (ABF), says Primark achieved a 7 per cent increase in revenue for the first half year and a 4 per cent improvement in profit, despite on the coldest winters on record in […]

Retail Asia23/01/2018

UK fast-fashion retailer Primark has reported record Christmas sales, largely due to the addition of a massive 300,000sqft of retail selling space. In its home market, Primark opened five stores during the 16-weeks to January 6 and during the whole year added 1.1 million sqft of space. By the end of the period the company, […]

Retail Asia01/03/2017

The impressive Primark sales growth over the last half year has been boosted by network expansion with the addition of 16 stores across both Europe and the US – and exchange rates. The value retailer expects to end the first half with 329 stores, and 13.1 million sqft of trading space – up 12 per […]

Retail Asia10/02/2017

New Look’s share of the UK clothing market has fallen to 2.6 per cent for calendar year 2016 – from 2.7 per cent in 2015. Stores have failed to drive the necessary footfall to return its like-for-like performance to positive territory, with year-to-date (39 weeks to 24 December 2016) UK like-for-likes are down 7.3 per […]

Retail Asia10/01/2017

In just five years, British lingerie retail startup Boux Avenue has made it into the top 15 brands in women’s underwear. Despite facing growing pressure from Primark and H&M, following significant range expansion and improved design and quality in their underwear and nightwear collections, Boux Avenue continues to build a loyal customer following and differentiate […]

Retail Asia13/07/2016

Despite third quarter like-for-like sales being hit by unseasonal weather, especially in April, UK-based discount apparel chain Primark has posted a solid 40-week performance – with a strong third quarter boosting overall growth. Primark sales benefitted from the weakness of the pound towards the end of the quarter, and from the 800,000 sqft in selling […]

Retail Asia25/06/2016

Tokyo-based fast-fashion brand Uniqlo US, a 1700-store global chain with 43 US outlets, has been retrenching amid slowing sales. It has quietly closed five stores in the US since January, all in suburban shopping malls. “The US is very important to the company,” says spokesman Aldo Liguori. “We are focussing on large cities where we […]

Retail Asia25/05/2016

Only the very bravest of investor should consider retaining BHS in its current dilapidated state. But if such a buyer cannot be found, and a BHS breakup ensues, with the store estate sold to other retailers, Marks & Spencer and Debenhams would be the main beneficiaries. As the deadline for bids for BHS looms, hopes […]

Retail Asia10/11/2015

Discount apparel retailer Primark has reported sales growth of 13 per cent to £5.3 billion at constant exchange rates for the year to September 12, demonstrating its continuing dominance in the value clothing market. However it was unable to escape the effects of currency volatility, reducing its total sales growth at actual exchange rates to […]

Tag: primark

Primark to stop sourcing from Myanmar after fresh probe

Primark opens world’s largest fashion store

Are We ready for gender-neutral changing rooms yet ?

Primark sales rise despite winter

Budget fashion star Primark boasts record Christmas sales

Impressive Primark sales growth boosted by new stores

New Look loses market share in tough year

Lingerie startup Boux Avenue surges into top 15

Primark sales flourish on new store openings

Uniqlo US quietly closing stores

M&S, Debenhams stand most to gain from BHS breakup

Primark growth eroded by currency volatility