Primark owner’s profits soar as investments provide boost
WEBApr 23, 2024 · Sales at Primark, the FTSE 100’s jewel in the crown, rose 6 per cent to £4.5bn, while adjusted operating profit jumped 45 per cent to £508mn, in spite of continued “cost of living pressures”.
Primark’s Escalating U.S. Expansion, What’s Ahead - WWD
WEBMar 21, 2024 · With virtually no brand recognition in the States, Primark has been converting vacated stores into its own since 2015 with its first U.S. store opening in Boston, which is also where Primark...
Primark says stock woes could persist until 2023 - BBC
WEBNov 9, 2021 · Discount fashion chain Primark has said it could face disruption from global supply chain issues into 2023, but it assured customers that "we are getting the goods we need".
Primark refuses to go online despite £1bn lockdown loss - BBC
WEBJan 14, 2021 · Primark says it has no plans to sell its clothes online despite warning that lockdown store closures could cost it more than £1bn in lost sales. Some 305 of Primark's 389 global stores are...
Primark finally goes online in new click-and-collect trial - BBC
WEBJun 20, 2022 · Primark is to finally sell its clothes online through a new click-and-collect service for children's products. The High Street retailer said 2,000 goods will be offered through a trial which will...
Primark well set for Christmas as pricing strategy pays off
WEBNov 7, 2023 · British fashion retailer Primark is heading into Christmas in good shape and with trading momentum after its strategy of passing on only limited price rises kept shoppers on its side.
Primark To Invest More Than £100 Million In Its UK Stores In 2024
WEBFeb 8, 2024 · Primark is to invest more than £100 million in its UK stores in 2024, as it marks 50 years on the Great British High Street. The news includes more than £75 million of new investment in UK retail this year, building on plans it …
Primark (LON:ABF) Raises Profit Forecast After Sales Exceed ...
WEBFeb 27, 2023 · Primark’s outlook is improving as cash-strapped shoppers seek inexpensive fashion at the UK budget clothing chain, boosting its market share. The retailer’s adjusted operating profit margin ...
Primark expects strong recovery once lockdowns are lifted
WEBFeb 25, 2021 · Primark is expected to reopen 233 of its stores, which will boost its retail space trading to 83 per cent, by April 26. It will reopen 153 stores in England on April 12, as permitted under the UK...
Primark driving progress on its wide-ranging commitments to …
WEBScaling up: Primark driving progress on its wide-ranging commitments to make more sustainable fashion affordable for everyone. Primark publishes its second Sustainability and Ethics Progress Report, demonstrating how it’s embedding and scaling up programmes across the business to drive impact. Nov 23, 2023. 55% of Primark’s clothes sold ...