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Tag: primark
Primark says no 'special discounts' when shops reopen
2020-06-01 10:57:01| BBC News | Business | UK Edition
The fashion chain says it has built up almost 2bn-worth of stock, but there will be no discounts.
Tags: special
shops
discounts
reopen
Primark owner takes GBP284m unsold stock hit
2020-04-21 13:35:00| Daily apparel & textile news and comment - from just-style.com
Primark-owner, Associated British Foods (ABF) has written down the value of its clothing stock by GBP284m (US$349.3m) as the fashion retailer has gone from making sales of GBP650m each month to nothing following the closure of all stores in March amid the Covid-19 pandemic.
Coronavirus: Primark goes from 650m sales a month to nothing
2020-04-21 09:04:17| BBC News | Business | UK Edition
Primark's owner "has been squarely in the path of this pandemic," its chief executive says.
Primark extends supplier support by GBP370m
2020-04-20 14:25:00| Daily apparel & textile news and comment - from just-style.com
Value fashion retailer Primark has extended support to its suppliers by committing to pay for GBP370m (US$461m) worth of additional orders, over and above the GBP1.5bn of stock already in stores, depots and in transit.
Tags: support
supplier
extends
primark
Primark to pay wages at factories of cancelled orders
2020-04-03 18:10:00| Daily apparel & textile news and comment - from just-style.com
UK value fashion retailer Primark has set up a fund to cover the wages component of orders that it cancelled in Bangladesh, Cambodia, India, Myanmar, Pakistan, Sri Lanka and Vietnam because of the coronavirus pandemic.
Tags: pay
orders
cancelled
wages