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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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
