Sausage roll-ing in to town: Greggs and Primark launch new fashion range with ‘snackfest’ tour July 25, 2022 Greggs and Primark are teaming up for a new clothing range, which will be launched on a ‘snackfest’ UK bus tour. The kings of sausage rolls and low cost clothes announced the new range on social media this morning. Gregs and Primark, which collaborated on a similar project earlier in the year, announced the range [...]
Primark owner poaches Marks & Spencer director for top finance job July 21, 2022 Primark owner Associated British Foods has nabbed Marks & Spencer’s CFO Eoin Tonge for its top finance job. Associated British Foods said that its current finance director John Bason will step down from the board, with Tonge stepping into his shoes no later than February 2023. Tonge also holds the position of chief strategy officer [...]
The power of summer: Primark sales inch above pre-pandemic levels June 20, 2022 The owner of Primark has put recovering sales down to the power of summer, tourism and the march back to the office. Associate British Foods (ABF), which owns sugar ad agriculture businesses alongside the budget retailer, said sales over the past six months were four per cent higher than pre-pandemic levels, though they remain around [...]
Primark chief regrets raising prices but says it is ‘a reflection of the scale of inflation we are seeing’ May 31, 2022 Primark executive John Bason said he “regrets” the fashion firm’s decision to raise prices. In April, Primark warned that it will increase prices on its autumn and winter collection as costs go up for businesses around the world. The budget fashion chain said it would make “selective” rises in the range. Bason, who is the [...]
Primark launches ‘virtual shop window’ but shoppers still can’t buy clothes online April 7, 2022 Primark has launched a new website – but shoppers still can’t buy anything online. The budget fashion retailer said its new site is a “virtual shop window,” and will allow customers to look at product information and check whether an item is in stock at their local shop. The high street name has stood out [...]
Primark owner says it expects ‘significant progress’ in the coming year as it opens new stores December 10, 2021 Associated British Foods said this morning trading to date in its new financial year at its Primark fashion business had been ahead of expectations with improved like-for-like sales compared to the fourth quarter of its last year.
Primark debuts targets to slash environmental impact September 15, 2021 Fast fashion chain Primark has pledged to improve its environmental impact with changes to its products and boosting workers’ wages. The retailer said it would use more recyclable materials, make sure clothing lasted longer, and raise wages for workers, all while keeping prices the same for the consumer. This is the first time Primark has [...]
ABF pins ‘lower than expected sales’ at Primark on summer pingdemic September 13, 2021 Sales at Primark, a subsidiary of Associated British Foods, have dipped below expectations in the last year, as Gen Z shoppers move away from fast fashion brands. In its pre-close trading update for the full year to 18 September, Associated British Foods (ABF) said: “We have seen a significant improvement in trading as the period [...]
Primark’s Oxford Street and Wood Green changing rooms to turn into pop-up Covid jab clinics this weekend August 27, 2021 Primark changing rooms at two London stores will become vaccination clinics this bank holiday weekend. Shoppers can turn up without an appointment and get a first or second dose of the Pfizer coronavirus vaccine, NHS England said. The popular clothing chain store has partnered with the NHS, Haringey Council and Westminster City Council to host [...]
Primark lifts profit forecast after store reopenings boost sales July 1, 2021 Primark has hiked its profit forecast for the full year after the easing of lockdown restrictions drove a sharp rise in sales for the third quarter. Parent company Associated British Foods (ABF) said profit at the budget fashion chain would be roughly in line with last year — up from previous guidance of “somewhat lower”. [...]