Primark Stores Ltd is the company that owns Primark, a large clothing retail chain based in the Republic of Ireland, which operates in Ireland, the UK, the Netherlands, Portugal, Germany, and Spain, although in Ireland it operates under the name Penneys. The company is a subsidiary of Associated British Foods plc, which is owned by Wittington Investments, a company run by the Weston Family. Founded in 1969 in Dublin, Ireland, Penneys moved into Great Britain in 1973 as Primark and by the end of May 2009, Primark had opened retail stores in Portugal, Germany, the Netherlands and Spain.
Rising sales at the Primark discount clothing chain offset pressure on profit margins from higher cotton prices, owners Associated British Foods have said... more
Britain's High Street could be heading for one of its toughest years for decades, City analysts predict, after Primark reports a marked slowdown in trade... more
The company behind budget clothes chain Primark and such kitchen staples as Kingsmill bread and Ovaltine reports sales of £10 billion for the first time... more
Primark’s phenomenal growth slows sharply and the low-cost clothes shop warns customers prices will rise because of higher cotton costs and the VAT rise... more
Cheap fashion chain Primark's success on the high street has shown no signs of ending after the retail chain reported a 20% jump in sales for the current financial year ... more
Charities say it exploits the third world and its own staff have taken to the internet to besmirch its customers but clothes juggernaut Primark rolls on through the recession ... more
Cut-price clothing chain Primark expects to create another 2300 jobs in the 13 more stores it is opening on the back of a boom in sales from cost-concious consumers... more
Ever since that Panorama investigation, I have avoided Primark. However dire my bank balance, it is still not so dire that I need clothe myself in cheap dresses wrung from a small Indian girl's tears... more
Retail: Fast fashion house Primark is still on the up, despite investigations into its use of cheap labour and claims that some of its suppliers are little better than sweatshops... more
Associated British Foods reports a 3% rise in profits, thanks to bumper sales at clothing retailer Primark and price increases in its grocery division... more
Last night BBC's Panorama showed children making clothes for Primark, reminding us that those prices are too good to be true - Indian children being even more cost-effective than their beloved "economies of scale" - and also of the power of investigative journalism.... more
Silver Spoon sugar-to-Primark clothes retailer AB Foods is shrugging off rampant food inflation and one of the toughest retail environments in decades... more
Primark currently has 189 operating stores as of May 2009. 38 in Ireland, 12 in Spain, 136 in the UK, 1 in the Netherlands, 1 in Portugal and 1 in Germany
As of late 2008, Primark employs around 27500 employees
In 2008 Primark was the subject of a child labour scandal, after an undercover report by BBC’s Panorama found that some Primark supplier factories in India were found to be employing children in the production of Primark products
There has been disagreement over the pronunciation of ‘Primark’, with the general pronunciation in England being ‘PRY-mark’, and the rest of the UK (Scotland, Wales, and Northern Ireland) pronouncing it ‘PREE-mark’.
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