Primark news and archive

Primark Germany head: “We are not immune to inflation”

Since its founding in 1969, Primark has stood for affordable clothing. In this context, the Irish clothing retailer often faces criticism, especially when it comes to the issue of sustainability. The company wants to get rid of this rather bad reputation and introduced its sustainability strategy in September. It stipulates, among other things,...

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Retail

These holiday campaigns are set to grab customers' attention

Fashion brands, apparel manufacturers and retailers are ringing in the Christmas season with these campaigns and collections. With slogans like “Happiness belongs to us,” “Your Style. Your Sound. Your Christmas” and “Coming home for Christmas - Travel lightly,” they place themes like community, returning to normalcy and sustainability at the...

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Business

Primark Q3 sales soar as markets reopen

Primark has reported a jump in Q3 revenue after the company was allowed to reopen its stores amid the easing of lockdown restrictions across its key markets. For the 16 weeks to June 19, revenue at the Irish fast-fashion giant hit 1.6 billion pounds, a stark improvement on the 0.6 billion pounds it made in the same period last year when all its...

Fashion

Primark launches skinny jeans with Repreve Our Ocean

Budget fashion chain Primark is expanding its sustainable ‘Primark Cares’ range with new skinny jeans in partnership with material innovators Unifi, Inc and its Repreve Our Ocean fibre, which turns throwaway plastic into denim. As you would expect from Primark, this is sustainable fashion with an affordable price tag, with the Repreve Our Ocean...

Retail

Primark opens first store in Czech Republic

International retailer Primark has unveiled its first-ever Czech Republic shop, expanding its footprint across Eastern Europe. The store in Prague spans 49,800 square feet across three levels and offers a range of fashion, homeware, kidswear, and beauty products. The contemporary design also features 35 cash desks, over 50 fitting rooms, and...

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Business

Why Bestseller, H&M and Primark are resuming sourcing in Myanmar

After a military coup on 1 February 2021 caused a state of emergency to be declared in Myanmar and protests by the population against the military junta’s seizure of power were met with violence, quite a few buyers withdrew from the Southeast Asian country for the time being. After a temporary pause, some apparel companies like Bestseller, H&M...

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Fashion

Primark teams up with Recover on sustainable leisurewear

Fast fashion retailer Primark has partnered with innovative sustainable textile producer, Recover on a new leisurewear collection for women made using recycled materials as part of its Primark Cares range. The new sustainable women’s leisurewear collection consists of eight pieces of classic and on-trend pieces including hoodies, joggers,...

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Business

Primark revenue and profits hit by store closures

Primark has reported a drop in half-year sales and profit as Covid-19-related store closures continue to impact the retailer. The fast-fashion giant’s revenue fell 40 percent to 2.23 billion pounds for the six months to February 27, with the majority of its stores closed for more than half of the period. Unlike many of its rivals, Primark doesn’...

Retail

Primark to open eight new Italian stores, creating 2,000 jobs

Primark says it will open eight new shops across Italy by late 2022, creating over 2,000 new jobs, including 140 store management positions. The new openings will bring the fast-fashion retailer’s total number of stores in Italy to 14, and will more than double its total trading space in the country to 65,000 square metres. The first of the...

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Retail

Retailers are anticipating a post lockdown baby boom

Retailers in the UK are anticipating a baby boom post lockdown. Back in March 2020 social media was rife with jokes about an imminent explosion of lockdown babies. Whilst the “boom” has yet to reach the heights of anticipation, maternity ranges have been popping up in the UK’s fast fashion retailers as expectant mothers do not want to compromise...

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Business

Primark takes 1.1 billion pound sales hit from closed stores

Primark has taken a 1.1 billion pound sales hit related to lockdowns for the first half of the year, the fast-fashion retailer’s parent company Associated British Foods (AB Foods) announced Thursday. AB Foods said Primark’s performance in the 24 weeks to February 27 was “materially impacted” by lockdown restrictions across the UK and Europe, but...

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Business

Primark takes 540 million pound sales hit from lockdowns

Primark has taken a 540 million pound sales hit related to lockdowns, the fast-fashion retailer’s parent company Associated British Foods (AB Foods) announced Thursday. The company said that number could reach 1.05 billion pounds if all of Primark's closed stores remain closed until 27 February 2021, the financial half-year. For the 16 weeks to...