Instead of our regular roundup of the most-read stories on just-style during the week, we thought a fitting end to the year would be to take...
Value fashion giant Primark says it has no plans to increase prices next year as the industry considers the potential impact of inflation, t...
A warm winter and a cold spring have been blamed for a fall in sales at value fashion retailer Primark. But its lack of e-commerce also leaves it without the flexibility to highlight more transitional ranges and weather appropriate collections online, according to Bernadette Kissane, senior analyst for apparel and footwear at Euromonitor International.
In a Rant published on just-style earlier this month, Mike Flanagan stressed the importance of finding new sources of retail efficiency rather than worrying about rising prices. He now asks whether Primark has identified where apparel retailers should be looking – or whether US commentators are right when they claim the business is fundamentally flawed?
With its up-to-the-minute fashions at rock-bottom prices, Primark sells more clothes than any other retailer in the UK. As the chain makes its first foray into the US, analysts are not surprisingly taking a close look at its potential, and asking which of its rivals is most at risk from this apparel retail disruptor.
Deflationary pressures, the rise of Amazon and the expansion of off-price and fast fashion chains all have the potential to disrupt traditional US apparel retailers - but it is the athletic players that are “well positioned” to come out on top, analysts suggest.
With a business model focused on offering the lowest prices on the high street, value fashion chain Primark is constantly questioned over its commitment to a range of ethical and environmental retail issues. Paul Lister, responsible for Primark’s ethical trading team, tells just-style "the strength of a brand's ethics is not about a price point" – and that close engagement with the supply chain is key.
Garment supplier Echo Sourcing has been building its business in Bangladesh since 2005 and is confident of continued growth in a country that has been rocked by a number of safety issues. The company, however, is keen to broaden its horizons and is eyeing potential new markets such as Ethiopia. Mark Bannister, head of sustainability and projects, talks to just-style.
Primark saw sales climb in its first-quarter thanks to increased selling space, but the value fashion giant warned of falling margins as a result of impending inflationary pressures.
Various forms of modern slavery, including child slavery, have been found in around 90% of spinning mills in South India producing yarn that makes its way into garment factories in India, Bangladesh and China supplying western brands and retailers, a new report claims.
Many of the key themes that dominated the European retail scene in 2016 are expected to continue into this year, analysts believe, as retailers prepare for more currency headwinds, unseasonal weather, a continued shift to e-commerce and whatever hurdles Brexit will bring.
Value fashion giant Primark is among the first five companies to sign up to a EUR3.6m (US$4.1m) initiative that will work with clothing brands, retailers and manufacturers and recycling organisations to reduce textile waste across Europe.
New store openings and a 9% increase in selling space drove sales for value fashion giant Primark in its last fiscal, with a particularly strong performance in Ireland and a growing awareness of the brand in the US.
Garry Gordon, the group sourcing director of UK value fashion giant Primark, has resigned from his role.
The majority of large apparel brands are ignoring the "endemic" abuse of Syrian refugees in Turkish clothing factories supplying European retailers, a new report has found.
Value fashion retailer Primark today (12 September) said its full-year sales have been hit by unseasonal weather, while currency fluctuations following the EU referendum are likely to weigh on margins in its new financial year.
Swedish fashion giant Hennes & Mauritz (H&M) will continue to experience margin pressure from the rise of low-priced rivals such as Primark unless it can elevate its sales and customer perception above value apparel, analysts believe.
UK value retailer Primark has opened another two stores in the north east of the US, in New Jersey and Pennsylvania, as the fashion retail giant continues to build its presence stateside.
A number of UK-based high street brands including Primark, Topshop and Asos, have pledged to keep down out of all their future collections in the wake of an investigation which exposed violations at goose farms in China.
British value fashion retailer Primark has posted solid results in its third-quarter, despite sales being hit by unseasonal weather and uncertainty around the EU referendum.
Inditex, Hennes & Mauritz (H&M) and Benetton have been praised by environmental activist group Greenpeace for being on track to clean up their chains, while Victoria's Secret, Esprit and sports brands Nike and LiNing are lagging behind the field.
British value fashion retailer Primark has opened its third US store in the north east of the country as the fashion retail giant looks to build its presence stateside.
A drop in first-half profit at UK value fashion retailer Primark reflects its investment to expand into the US as well as an increasingly bearish environment for clothing retailers.
Aidan Shields, the chief financial officer at UK value fashion retailer Primark, has stepped down from his role after six years to relocate back to the US.
UK value fashion chain Primark has confirmed it has doubled the number of audits at its supplier factories in Turkey less than a month after Next Plc and H&M admitted to finding Syrian refugee children working in their supplier factories in the country.
Value fashion chain Primark has extended its sustainable cotton programme for women in northern India for a further six years, with the aim of introducing sustainable farming methods to more females and increasing their incomes.
Value fashion retailer Primark has seen sales pick up following weak Christmas trading, with profit margins also improved in the first six months of its new fiscal year thanks to fewer promotions and better managed stock.
Price competition between fast fashion retailers Hennes & Mauritz (H&M) and Primark has now reached an equilibrium in the UK, according to an analyst evaluation, with Primark's prices now consistently around 60% lower than that of its rival.
With the holiday season done and dusted, UK apparel and footwear retailers are counting the cost. In the most recent Christmas trading reports, JD Sports, SuperGroup, Fat Face and Debenhams saw sales rise over the all-important trading period, while Tesco and Matalan recorded a decline in revenue. Sainsbury's posted an increase in clothing sales, Shop Direct delivered "record breaking" results, and Ted Baker enjoyed a "good retail performance".
A global framework agreement, initiated by H&M and the IndustriAll global union, has succeeded in helping to reinstate sacked workers at garment factories in Myanmar and Pakistan just months after coming into force.
Apparel shipments from Bangladesh to the US bounced back in December, posting their first rise since January last year.
A campaign encouraging shoppers to ask where and how their garments have been made has been set up to mark the first anniversary of the Rana Plaza disaster.
- Trump and the apparel industry – Infographic
- $1.7bn package to boost Pakistan clothing exports
- Mexico riots hit apparel retailers and shipments
- Outlook 2017 – What next for apparel sourcing?
- British Brexit plans prioritise tariff-free trade
- Cambodia clothing exports at risk from Brexit
- MAS Holdings planning second industrial park
- Apparel brands urge Bangladesh PM to address wages
- American Apparel to shutter all stores?
- JC Penney latest retailer to shutter stores?
- Global apparel markets: product developments and innovations, October 2016
- Anti-odour clothing: fresh fashion for an active lifestyle
- Southeast Asia strategic sourcing review – a focus on Cambodia, Vietnam and Myanmar
- Outdoor performance apparel 2016: A broader perspective
- Global market review of lingerie – forecasts to 2022