UK: Primark FY profits cut by margin pressure
By Richard Woodard | 8 November 2011
Value-led clothing retailer Primark recorded an 8% reduction in full-year operating profit as parent company Associated British Foods (ABF) sacrificed margin to grow market share.
Join now for increased access
There are various access options to choose from. All provide instant access to the latest news, insight and expert analysis.
If you're already a member, login here.
More articles related to this one
INDIA: Dalit women exploited in garment supply chain
Young Dalit, (or Untouchables, as they were formerly labelled) women are continuing to suffer exploitative conditions in the Indian garment industry, according to a report released by Centre for Research on Multinational Corporations (SOMO) and the India Committee of the Netherlands (ICN).
Top stories on just-style this week...
Top stories on just-style this week include a report on a fake Primark store opened in Dubai, the prospects for Burma as a production base, and a look at the corruption claims at Wal-Mart Mexico.
UAE: Primark considers legal action over fake Dubai store
UK based value fashion retailer Primark is considering its legal options after a fake Primark store opened in the United Arab Emirates this week.
Market research related to this article
Primark | Verdict Retail Company Briefing
A new one-stop destination for unique data and opinion on Primark's clothing & footwear offer. Targeted at retailers and stakeholders to the retailer, we assess its clothing performance, strategic direction and provide Verdict Retail's view on its fu...