Primark
This coverage explores Primark’s strategy and performance in the UK retail sector, focusing on store operations, product assortment, pricing, marketing campaigns, sustainability initiatives, and leadership decisions. Reporting highlights how Primark balances value positioning with volume growth and operational efficiency — offering insight for executives, managers, and professionals in fast‑fashion and large‑format retail.
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Jun- 2025 -3 JuneProperty
Northern Ireland’s Abbey Centre sold to new owner for £59m
Abbey Centre in Northern Ireland has been sold by NewRiver to The Herbert Group of Companies in an off market deal for £58.8m. The 320,000 sq ft shopping centre, located six miles north of Belfast City Centre in Newtownabbey, houses over 70 shops and has a “strong” convenience offer, together…
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May- 2025 -9 MayNews-In-Brief
Today’s news in brief-9/5/25
The UK and US have struck a “first-of-a-kind” trade deal, slashing tariffs for UK carmakers, steel, and farmers while maintaining a 10% levy on other goods. Car export tariffs will drop from 27.5% to 10%, benefiting Jaguar Land Rover, while steel and aluminium tariffs fall to zero. The deal includes…
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9 MayClothing & Shoes
Primark to expand into Middle East amid Alshaya partnership
Primark has confirmed plans to debut in the Middle East, in partnership with international retail franchise operator Alshaya Group. Primark and Alshaya have confirmed plans to open the first of its new stores before the end of 2025 across the Gulf Cooperation Council (GCC). This will start with Kuwait (The…
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Apr- 2025 -29 AprilNews-In-Brief
Today’s news in brief-29/4/25
Primark reported a 1% rise in sales to £4.47bn in the first half of the year, with adjusted operating profit up 8% to £540m. However, UK and Ireland sales fell by 4% due to cautious consumer spending and mild autumn weather affecting seasonal purchases. The retailer’s market share in the…
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29 AprilClothing & Shoes
Primark UK sales fall 4% in H1 as US and Europe boost growth
Primark’s sales grew by 1% to £4.47bn in the first half of the year, with adjusted operating profit up 8% to £540m, as weaker UK and Ireland sales were offset by growth across the US and Europe. In both the UK and Ireland, sales fell by 4% despite good like-for-like…
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23 AprilNews-In-Brief
Today’s news in brief-23/4/25
THG has rejected an unsolicited takeover bid for its Myprotein brand from Selkirk, describing the offer as “undervalued” and lacking sufficient funding. The proposal, which valued Myprotein between £400m and £600m, was largely structured in Selkirk shares, with additional cash payments dependent on new equity and debt issuance. THG’s board…
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23 AprilHigh Street
Weston family secures robust returns amid strong retail performance
Wittington Investments, the parent company behind Primark and Fortnum and Mason, has reported increased profits across its retail portfolio, going against wider economic trends. The company, which is owned by the Weston Family, paid out £154m in dividends in the year ended 14 September 2024, up from £128m the year…
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8 AprilNews-In-Brief
Today’s news in brief-8/4/25
Levi Strauss & Co reported a strong start to 2025, with Q1 sales rising 3% to $1.5bn (£1.17bn) and adjusted EBITDA surging 47% to $204m (£159m), exceeding expectations. Direct-to-consumer revenues grew 9%, while wholesale sales increased 3%. The Levi’s brand saw an 8% global organic growth, with the Americas up…
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8 AprilClothing & Shoes
Primark to double footprint at White Rose Leeds
Primark has announced that it is set to double its presence at White Rose Shopping Centre in Leeds from from 26,200sq ft to 55,700sq ft. The expansion commenced this week (7 April) and is expected to be completed by 2027. The value retailer follows in the footsteps of JD which…
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Mar- 2025 -31 MarchNews-In-Brief
Today’s news in brief-31/3/25
Primark CEO Paul Marchant has resigned with immediate effect following an investigation into an allegation regarding his behaviour towards a woman in a social setting. Parent company ABF launched an external probe, after which Marchant acknowledged his “error of judgement” and apologised to the individual, the board, and Primark employees.…
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