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The global fashion business journal

Dec 14, 20194:47pm

Primark

Primark

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The biggest phenomenon of the last decade comes from Ireland. The company, that is a benchmark for low cost and offers and offers a wide range of products, is owned by the group AB Foods, and has become a threat for big retailers of the industry.

h By Mds
Dec 6, 2019 — 4:47pm
Primark expects openings to drive sales, but margins to suffer

The owner of the Irish chain expects margin for the full year to be “only a small reduction” on that achieved last year, on a lease-adjusted basis.

h By Iria P. Gestal
Nov 6, 2019 — 8:56am
Primark saved by new openings

The company has improved its margin this year but is already anticipating a further decline next year due to currency fluctuations.

h By mds
Nov 5, 2019 — 4:00pm
Primark slows down: grows 4% and profits rise 8% in 2018

The expansion of its selling space has once again become the main driver of the Irish company: on a like-for-like basis, the group’s revenue decreased by 2%.

h By Pilar Riaño
Oct 4, 2019 — 9:00am

The Irish group appointed Carlos Inacio in front of its Spanish business, second by revenue of the company. The executive will relieve Stephen Mullen, who has been promoted as retail director in Southern Europe. 

h By Mds
Sep 23, 2019 — 5:05pm
The Irish low-cost fashion company opened its first American store in 2015 in Boston. 
h By C. Juárez
Sep 10, 2019 — 9:00am

The new store of the company, that will be located in the city of Seville, will have a beauty salon and a cafeteria.

h By Mds
Sep 9, 2019 — 4:00pm

The low-cost distribution giant forecasts a 3% growth in its United Kingdom revenue while expects its sales in the European region to increase 5% in its fiscal year.

h By Carmen Juárez/ Daniela García
Jul 30, 2019 — 9:00am

While the textile commerce in the world sank in 2018 with a descent of 2.38%, giants in Zara’s kingdom rose 2.17%.

h By MDS
Jul 4, 2019 — 10:00am

The low cost fashion giant has explained that the growth of its turnover is due to the increase of its commercial space during the period of first nine months.

 

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