Primark

Apparel and textile industry company news

Subscribe via RSSWhat is RSS?

Latest Articles

2015 – A year in review – Retail winners and losers Lee Adendorff | 15 Dec 15

Online apparel sales, the right product mix at the right price points and a successful stance against counterfeiters helped lift some retailers during 2015, but bankruptcy filings and inventory mis-management weighed on others.


Primark expansion boosts FY sales 13% to GBP5.35bn Michelle Russell | 3 Nov 15

Value fashion giant Primark has increased full-year sales thanks to its international expansion, but has warned on currency pressures for the year ahead.


How Primark’s cut-price clothing could shake up US retail Leonie Barrie | 19 Oct 15

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.


Primark commits to supply chain sustainability Katie Smith | 13 Oct 15

Value fashion retailer Primark has become the latest company to join the Sustainable Apparel Coalition (SAC), pledging to use the group’s sustainability measurement tool, the Higg Index, to drive improvements across its supply chain. 


Tesco's F&F joins ZDHC as new board formed Michelle Russell | 9 Oct 15

F&F, the fashion brand of UK supermarket retailer Tesco Stores, has become the latest member of the Zero Discharge of Hazardous Chemicals (ZDHC) group, amid the formation of a new board of directors.


Athletic players "well positioned" amid disruption Katie Smith | 25 Sep 15

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.


UK apparel retail sales growth beats 5-year average Michelle Russell | 17 Sep 15

UK apparel retail sales grew 2.4% in the 24 weeks ended 2 August, above the five-year average, estimates have shown.


Concerns over Pakistan's garment sector safety Katie Smith | 16 Sep 15

Concerns have been raised over health and safety standards in Pakistan's garment sector, after the roof of a garment factory collapsed killing four workers and injuring 16 others.


Top stories this week on just-style... Katie Smith | 11 Sep 15

The most-read stories on just-style this week include Quiksilver filing for Chapter 11 bankruptcy in the US, Greenpeace urging outdoor brand to eliminate all PFCs from their supply chains, and Nicaragua seeking $160m to build a synthetic textiles manufacturing base to help double exports.


Primark buying teams mitigate currency impact Katie Smith | 7 Sep 15

Value fashion giant Primark expects full-year sales to jump 13% thanks to the addition of new store space, but says its profit margin is likely to be lower due to increased markdowns and the impact of a stronger US dollar.


Primark signs up as ZDHC member Michelle Russell | 21 Aug 15

UK fashion giant Primark has become a member of the Zero Discharge of Hazardous Chemicals (ZDHC) group.


Millennials to separate apparel retail winners and losers Katie Smith | 20 Aug 15

Millennial consumers are coming of age, with UK forecasts suggesting their spending on fashion over the next five years will grow at double the rate of apparel spend overall. Which means retailers need to have a strong digital presence and sophisticated product delivery in order to benefit, according to new research.


Sourcing in East Africa: Collaboration key to success Michelle Russell | 13 Aug 15

Interest in East Africa as a potential apparel sourcing destination has been on the rise, yet the results of a new survey suggest the road ahead won't be an easy one.


IFC scales up textile water saving programme Katie Smith | 13 Aug 15

The International Finance Corporation (IFC) is scaling up its China Water Program, which works to promote water efficiency within the country’s textile supply chain, after saving 9m tonnes of water in the first two years.


Better buying offsets Primark currency headwinds Katie Smith | 9 Jul 15

Value fashion giant Primark has said it expects the strength of the US dollar to have an adverse impact next year, but suggested a "good proportion" of this has been mitigated through better buying.


Sourcing in Africa: Foreign investment flows in Matthew Newsome | 5 May 15

With its cheaper labour and resources, East Africa has already attracted foreign investment, particularly from Asia - as well as business from major international fashion brands and retailers.


Primark pays 95% of Rana Plaza compensation Michelle Russell | 1 Apr 15

Value fashion giant Primark said it has completed paying more than 95% of long-term compensation payments to the 668 victims of its Rana Plaza supplier New Wave Bottoms.


Primark performs well in H1 as sales grow Michelle Russell | 23 Feb 15

Primark was the key growth driver for Associated British Foods (ABF) in the first half, as sales at the value fashion giant grew and retail selling space increased.


Who's winning in UK apparel shopping switch? Michelle Russell | 20 Feb 15

Primark may be reaching saturation point in the UK market, making it more difficult to hold and retain customers, analysts believe. But while price-savvy H&M has picked up some shoppers, the value retailer also appears to have gained from the likes of Next and M&S.


Internet pureplays winning in UK apparel space Michelle Russell | 12 Feb 15

Internet pureplays like Asos are gaining the most share in the UK apparel market year-on-year, new data shows, while general stores are losing out.


Low pricing to sustain growth for Primark in 2015 Michelle Russell | 6 Feb 15

Value fashion giant Primark will use its low selling price to help sustain significant growth in 2015, increasing sales through further expansion into continental Europe and the Northeast US, analysts believe.


Outlook 2015: What's happening at retail? Leonie Barrie | 15 Jan 15

What key strengths and strategies are helping retailers to take the lead? Building fully integrated and flexible supply chains, with an end-to-end focus on ethics and responsibility will help to separate the winners from the losers in 2015.


Outlook 2015: What's happening with sourcing? Leonie Barrie | 15 Jan 15

How is the sourcing landscape likely to shift in 2015, and what strategies can help apparel firms and their suppliers to stay ahead? China is seen moving higher up the value chain, and near-shoring is likely to make small inroads, but improving productivity and building long-term vendor relationships are seen as key.


Outlook 2015: Challenges and opportunities Leonie Barrie | 15 Jan 15

One of the biggest challenges – and opportunities – facing the apparel industry in 2015 is how best to embrace the omni-channel retail model, improve the shopping experience, and respond with new supply chain solutions. The changing profile of consumers in Asia is also likely to impact consumption and production, while global compliance and factory safety will continue to be a focal point.


Increased selling space boosts Primark sales Michelle Russell | 15 Jan 15

Value fashion giant Primark has revealed sales growth over the Christmas period driven by increased selling space and high sales densities in stores opened during the last year.


THE FLANARANT: Online apparel retailing: Amazon-ly unviable? Mike Flanagan | 12 Jan 15

Despite the hype, it's amazing how insignificant the internet is on the garment trade, writes Mike Flanagan. While every clothing brand and retailer uses the web for moving, receiving and monitoring information, relatively few clothes are sold this way.


2014: Year in review - Retail winners and losers Lee Adendorff | 17 Dec 14

International expansion, strong online performance and ethical commitments helped lift some retailers during 2014, but merchandise misses, the closure of underperforming stores, and a profit overstatement weighed on others.


COMMENT: Challenge awaits Abercrombie & Fitch CEO replacement Michelle Russell | 10 Dec 14

Abercrombie & Fitch's stock rose 6.7% yesterday (9 December) on the news its long-serving and often controversial CEO Mike Jeffries had stepped down. The move follows several quarters of lacklustre sales for the group and opens up something of a challenging role for his replacement.


Li & Fung buys Primark supplier May Trading Michelle Russell | 10 Dec 14

Publicly-listed firm by global sourcing giant Li & Fung has bought Primark and Next Plc supplier May Trading Ltd out of administration.


Primark latest to blame weather for sales Michelle Russell | 8 Dec 14

Value fashion retailer Primark has achieved like-for-like sales below the expectations of its parent company, as unusually warmer weather hurt revenues.

1

3

5

...

13

just-style homepage



Forgot your password?