primark annual report 2021

You may have noticed that when we used the name . To use individual functions (e.g., mark statistics as favourites, set Each financial year ends mid September of the respective year (e.g. Members pool their expertise and make a commitment to achieve social, ecological and economical improvements in the textile supply chain. You've rejected analytics cookies. Profit from the additional features of your individual account. Adjusted operating profit at Primark, before the repayment of subsidies from the Coronavirus Job Retention Scheme, for the 53 weeks to 18 September 2021 was 415m, an increase of 15% year on year. Please do not hesitate to contact me. 0000003967 00000 n Were committed to pursuing a living wage for workers in our supply chain, and we continue to work within Action, Collaboration, Transformation (ACT) to help drive this target forward. Download Primark Sustainability and Ethics Progress Report here: Download Primark-Sustainability-and-Ethics-Report-2021-22. Primark US's Annual Report & Profile shows critical firmographic facts: What is the company's size? By contrast, online-only fashion retailers such as Asos and Boohoo saw sales boom by around 40% in the last four months of 2020. Please do not hesitate to contact me. [Online]. Sustainability Report | Primark Cares (UK) to incorporate the statistic into your presentation at any time. Primark Sustainability and Ethics Progress Report 2021/22 Add this topic to your myFT Digest for news straight to your inbox, Values guide German consumers shopping choices, Medium-term growth prospects justify bullish view of the shares, Associated British Foods cautions on consumer outlook for second half of year, Parent company ABF says stronger US dollar and price rises helped boost its profits, Discount clothing retailer says ecommerce would damage profitability as it remains committed to stores, The 25-store trial marks the retailers potential foray into online shopping, Fashion chain must contend with frugal shoppers, cultural differences and tough labour laws, Retail chain warns of substantial and volatile cost inflation in year ahead, Weakness of sterling and euro against greenback raises costs for retail chain, Retailer will trial UK click-and-collect service as it reports quarterly sales growth 4% higher than pre-Covid, ABF seeks to mitigate impact of rising costs across its businesses, Plus, why Lloyds cannot be sentimental about its iconic City building, OwnerAssociated British Foods remains cautious over tightening Covid restrictions, Plus, Evergrandesoverseas bonds in default, says Fitch and SEC prepares Spac crackdown, New capital allocation policy will return more cash to investors, Group plans to increase stores in America to 60 from 13 over five years, Retailer says its pledges signal the pace and scale of change in fashion, Plus, Antnio Horta-Osrios Credit Suisse power grab and Mohamed El-Erian, Fashion-chain owner Associated British Foods says profits to beat expectations as lower costs offset earlier sales decline, Fast-fashion chain bounces back with revenues above pre-pandemic levels while US rival retreats with closure of all UK stores, Europes C&A says it is unwilling to make new purchases from garment suppliers at this stage, Discount fashion retailer to continue with new store openings and repay furlough cash, Discount fashion chain to lose 1.1bn of sales in first half due to coronavirus-related store closures, Performances highlight gulf in UK retail as lockdowns hit store-based groups, For three decades, much of retail has been led by numbers people who squashed creatives, Long-lived rivals: actuaries say Biden and Trump are not too old for office, Singapore deepens US defence ties despite Chinese financial inflows, The Big Dig: Germany reopens its mines in quest for mineral self-sufficiency, Inflations legacy hits European households even as price growth ebbs, EU law to restore nature stokes debate that jobs will go to China, Charlie Munger: US banks are full of bad commercial property loans, JPMorgan, Citizens and PNC submit bids for First Republic, US regulator asks banks including JPMorgan and PNC to bid for First Republic, Airlines dispute adds headwinds to US-China relationship, Mercedes-Benz chief says cutting China ties would be unthinkable, Investors bet on shrinking pool of tech stocks as rally narrows, Building society chief warns deposit-scheme reform will hit lending, Totals chief tells investors European listing to blame for oil groups trading discount, Capita hack prompts watchdog to warn pension funds over data, A gruesome episode tells a painful story about corporate Japan, The costs of entrenched high inflation cannot be ignored, Inside the elite British college for the worlds best nannies, Travels through Cretes ancient history without the crowds, In Kolkata, Indias new bankruptcy law is put to the test, Premier Inn/Primark: discerning Germans set test for incomers, ABF/Primark: fast-fashion group enjoys shoppings speedy recovery, Primark owner expects higher profits as consumer spending holds up, Fashion chain Primark posts record Christmas sales, Primark resists move online despite pandemic shock, Primarks site crashes after it launches click-and-collect service, Primark/Germany: Europes biggest market proves hard to crack, Primark struggles to restore sales growth in Europe, Primark owner ABF warns on profits as strong dollar bites, Primark to test first move into online shopping, Primark to lift prices as inflation dents owner profits, Primark sales stuck below pre-Covid levels, Fast-fashion chain Primark says trading is better than expected, ABF says Primark trading ahead of forecasts, ABF: Primark rollout says less than ramped up dividends, Discount retailer Primark plans aggressive US expansion, Primark seeks to woo eco-conscious consumers with sustainability drive, Primark-owner AB Foods raises profit target, Primark sales recover despite Delta variant and pingdemic hit, Primark and Gap show diverging fortunes on UK high street, H&M and Primark resume Myanmar orders for first time since coup, Primark raises estimate of Covid-driven lost sales as profit plunges, Primark expects strong recovery once lockdowns are lifted, Pandemic wipes out 540m of Primark sales as Boohoo charges ahead, Covid didnt kill Topshop: a lack of creativity did. You can change your cookie settings at any time. In, Associated British Foods. Our performance 2021 - primark.a.bigcontent.io 0000009988 00000 n As at 18th September 2021 13.9bn Group revenue 1,011m Adjusting operating profit 908m Adjusted profit before tax 80.1p Adjusted earnings per share 26.7p Dividends per share 13.8p Special dividend per share 721m Gross investment 1,901m Net cash before lease liabilities 1,380m Net debt including lease liabilities 808m Operating profit 725m 0000008221 00000 n Financial publications | Carrefour Group Please create an employee account to be able to mark statistics as favorites. We use Meantime, the former owner of Edinburgh Woollen Mills is buying up a number of his former brands from administrators and billionaire Mike Ashley-owned Frasers Group,and others continue to circle department store group Debenhams. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 70m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. . As we launch the Primark Sustainability & Ethics Progress Report we reflect on a . 0000104927 00000 n The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Associated British Foods retail division: sales growth worldwide 2012-2022, Net worth of Primark in the United Kingdom (UK) 2010-2021, Primark: adjusted operating profit worldwide 2008-2022, Global revenue of the apparel market 2014-2027, Revenue of the apparel market worldwide from 2014 to 2027 (in trillion U.S. dollars), Apparel market revenue worldwide 2022, by country, Revenue of the apparel market worldwide by country in 2022 (in billion U.S. dollars), Revenue of the apparel industry in the UK 2014-2027, Revenue of the apparel market in the United Kingdom from 2014 to 2027 (in billion GBP), Sales of the leading apparel/footwear retailing companies worldwide 2021, Sales of the leading apparel/footwear retailing companies worldwide in the 12 months prior to April 22, 2022 (in billion U.S. dollars), Leading UK retailers ranked by worldwide sales 2021, Leading 10 UK retailers in 2021, based on worldwide retail sales (in billion U.S. dollars), Revenue of Primark worldwide from financial year 2007 to 2022 (in million GBP), Sales growth of the retail division of Associated British Foods worldwide from financial year 2012 to 2022, Adjusted operating profit of Primark worldwide from financial year 2008 to 2022 (in million GBP), Brand value of Primark/Penneys worldwide from 2020 to 2022 (in billion U.S. dollars), Net worth of Primark stores in the United Kingdom (UK) from 2010 to 2021 (in 1,000 GBP), Number of employees in Associated British Foods' retail division worldwide 2014-2022, Number of employees of Primark worldwide from financial year 2014 to 2022, Primark: store numbers worldwide 2008-2022, Number of Primark stores worldwide from 2008 to 2022, Primark: store numbers worldwide 2022, by country, Number of stores of Primark worldwide in September 2022, by country, Primark: retail area worldwide 2022, by country, Global retail selling space of Primark in 2022, by country (in 1,000 square feet), Primark: number of manufacturing factories 2021, by country, Number of supplier factories of Primark as of October 2021, by country, Number of monthly visits to Primark.com worldwide 2023, Number of visits to Primark.com via desktop and mobile web devices worldwide from August 2023 to January 2023 (in millions), Distribution of Primark.com traffic 2022, by country, Distribution of desktop traffic to Primark.com as of October 2022, by country, Distribution of Primark.com traffic 2022, by source, Distribution of desktop traffic to Primark.com as of October 2022, by source, Distribution of Primark.com social traffic 2022, by network, Distribution of social traffic to Primark.com as of October 2022, by social network, Primark brand awareness, usage, popularity, loyalty, and buzz among fashion store customers in the UK in 2022, Primark brand awareness, usage, popularity, loyalty, and buzz among fashion online shop users in the UK in 2022, Primark brand awareness, usage, popularity, loyalty, and buzz among fashion store customers in Germany in 2022, Primark brand awareness, usage, popularity, loyalty, and buzz among fashion online shop users in Germany in 2022, Primark brand profile in the United States 2022, Primark brand awareness, usage, popularity, loyalty, and buzz among fashion store customers in the United States in 2022, Primark brand awareness, usage, popularity, loyalty, and buzz among fashion online shop users in the United States in 2022. "Revenue of Primark worldwide from financial year 2007 to 2022 (in million GBP)." Please create an employee account to be able to mark statistics as favorites. like to set optional analytics cookies to help us improve it. Net worth of Primark in the United Kingdom (UK) 2010-2021. Primark is our company name and identifies our entire company, while Penneys is a trading name that is used in the Republic of Ireland only. Associated British Foods. 0000000016 00000 n 0000011427 00000 n Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. You need at least a Starter Account to use this feature. Download Primark-Sustainability-and-Ethics-Report-2021-22. View PDF Confirmation statement made on 16 June 2021 with no updates - link opens in a new window - 3 pages (3 pages) 21 May 2021 . Statista. Search our report database . The Ethical Trading Initiative (ETI) is an alliance of companies, trade unions and voluntary organisations that promotes respect for workers rights globally. Cookie policy. - Primark's Ethical Trade and Environmental Sustainability (ETES) team of over 130 local . improve our website by collecting and reporting information on how Then you can access your favorite statistics via the star in the header. financial year 2022 ended September 17, 2022). Learn more about how Statista can support your business. financial year 2022 ended September 17, 2022). 01. (of the document filed at Companies House), Companies House does not verify the accuracy of the information filed. 0000004993 00000 n Show publisher information 0000003455 00000 n In addition to this report, we submit a separate Strategic Plan, which outlines the objectives of our ethical trade work over the next 3-5 years. Please do not hesitate to contact me. Using this .css-aj63bv{-webkit-text-decoration:underline;text-decoration:underline;text-decoration-color:rgba(0, 0, 0, 0.4);cursor:pointer;color:inherit;font-weight:inherit;font-style:inherit;}.css-aj63bv:hover{text-decoration-color:inherit;}.css-29ik5z{margin:0;color:#000000;-webkit-text-decoration:underline;text-decoration:underline;text-decoration-color:rgba(0, 0, 0, 0.4);cursor:pointer;color:inherit;font-weight:inherit;font-style:inherit;}.css-29ik5z:hover{text-decoration-color:inherit;}Find highlights here. These reports provide an overview of our work in this area to address the six focus areas across our supply chain that are outlined in our Environmental Policy. This statistic is not included in your account. 0000004696 00000 n 0000104772 00000 n You've accepted analytics cookies. Visit ABFs website to access the ABF Corporate Responsibility Report. 0000006753 00000 n Read our latest case studies to see our businesses in action. 0000001902 00000 n As we launch the Primark Sustainability and Ethics Progress Report, we reflect on a foundational year, which was focused on developing the internal processes and programmes that will underpin the changes needed within Primark and across our value chain to deliver on our Primark Cares strategy. 0000009099 00000 n Primark revenues worldwide 2007-2022 Supply Chain Primark: number of manufacturing factories 2021, by country + Fashion & Accessories Primark: store numbers worldwide 2022, by country +. November 4, 2022. We're also able to draw from intelligence and analysis of over 34,000 audits conducted on Primark's suppliers since 2007, which are held in our central audit database. Were working in partnership with our sock suppliers to reduce energy and water consumption in China through the Clean by Design initiative. Reports | Primark Cares (UK) Regarding Primark's China sourcing strategy, on the one hand, Primark sources from as many as 475 suppliers located in China, far more than any other Asian country. The ideal entry-level account for individual users. startxref As a Premium user you get access to the detailed source references and background information about this statistic. Statista. Primark Cares - how real change looks - ABF - ABF Corporate tool will set a cookie on your device to remember your preferences. Discount fashion chain to lose 1.1bn of sales in first half due to coronavirus-related store closures. 0000122859 00000 n Primark Cares . Accessed May 01, 2023. https://www.statista.com/statistics/383785/primark-revenue-worldwide/, Associated British Foods. Penneys-Primark owner Associated British Foods has today reported a 3% fall in first-half profit and kept its guidance for a flat outcome in the full year, staying cautious about the resilience of . Are you interested in testing our business solutions? Because they cant get what we offer elsewhere. . John Bason, finance director at Primarks owner,Associated British Foods (ABF), said: I hate losing the sales we are going to lose but we are going to be back. About Us Careers at Primark Suppliers UK Gender Pay Report Modern Slavery Act Cruelty Free International. and other data for a number of reasons, such as keeping FT Sites reliable and secure, The statement covers Primarks policies and information on how the company addresses risks both within its supply chain and its own operations. data than referenced in the text. It set out a new vision for who we are as a business and our promise to change ourselves, and how we work, for the better. Fiscal 2020 highlights, year-over-year Sales increased 2.0 percent to $139.5 billion, up 2.5 percent on a constant currency basis Operating income decreased 73.7 percent to $1.3 billion; Adjusted operating income decreased 24.9 percent to $5.2 billion, down 24.8 percent on a constant currency basis Chart. Primark For more detailed information about the cookies we use, see our As a Premium user you get access to the detailed source references and background information about this statistic. Last modified on Mon 27 Feb 2023 17.04 EST. Bason insisted: Our price point is the reason that we cant and other people cannot make money online. Wed like to set Google Analytics cookies to help us to Its determination to remain offline-only led the Irish-based retailer toopen some of its stores for 24 hours in Decemberand to continue its search for new store sites inRome and Miami. 0000123128 00000 n Business Solutions including all features. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Industry-specific and extensively researched technical data (partially from exclusive partnerships). <<07C16E5B456F754C9ED5B8C2DC33ACDB>]/Prev 234861/XRefStm 1722>> Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 70m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. Before the pandemic, Primark's strategy to trade solely from brick-and-mortar stores had seen it continue to surge ahead as one of theU.K.s most successful fashion retailers, focused on low prices and a growing overseas presence rather than investing heavily in online capabilities. For businesses, the Act states that any organisation in the UK with a turnover of over 36m is required to publish an annual statement setting out what steps it has taken during its financial year to ensure that modern slavery and human trafficking is not taking place in its own business and its supply chains. 0000006780 00000 n Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 70m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. Management indicated that performance by. ET 0000013263 00000 n To use individual functions (e.g., mark statistics as favourites, set Financial Publications 02. As a Premium user you get access to background information and details about the release of this statistic. We Section 172 and Corporate Governance Statement | Primark AB Foods Reports FY 2021 Profit Rise With Primark Growth; Declares PDF Creating value - Associated British Foods liability for the information given being complete or correct. When we reopened back in June I met people who said Thank God youre open again, Ive been waiting for you. Primark: employee numbers worldwide 2014-2022 | Statista You only have access to basic statistics. analyse how our Sites are used. Available: https://www.statista.com/statistics/490869/primark-operating-profit-worldwide/, Adjusted operating profit of Primark worldwide from financial year 2008 to 2022, Available to download in PNG, PDF, XLS format, Global revenue of the apparel market 2014-2027, Apparel market revenue worldwide 2022, by country, Revenue of the apparel industry in the UK 2014-2027, Sales of the leading apparel/footwear retailing companies worldwide 2021, Leading UK retailers ranked by worldwide sales 2021, Associated British Foods retail division: sales growth worldwide 2012-2022, Primark: adjusted operating profit worldwide 2008-2022, Number of employees in Associated British Foods' retail division worldwide 2014-2022, Primark: store numbers worldwide 2008-2022, Primark: retail area worldwide 2022, by country, Number of monthly visits to Primark.com worldwide 2023, Distribution of Primark.com traffic 2022, by country, Distribution of Primark.com traffic 2022, by source, Distribution of Primark.com social traffic 2022, by network, Primark brand profile in the United States 2022, Leading value clothing retailers ranked by market share in the UK 2016, Leading fashion and clothing retailers in Norway 2020, by turnover, Leading fashion and clothing retailers in Finland 2018, by turnover, Revenue growth of selected apparel retailers in the United States 2017, Associated British Foods group revenue worldwide 2008-2021, Associated British Foods group revenue worldwide 2008-2020, by sector, New Look like-for-like sales performance 2015-2019, Number of employees of River Island Clothing worldwide 2013-2021, by type, FatFace: number of stores in the United Kingdom (UK) 2000-2017, Conversion rate of mid market fashion retailers in Europe 2014, by country, Shopping: proportion of mentioned top ten clothing retailers UK 2016, Chile: number of clothing retailers 2005-2015, Shopping: factors increasing customer loyalty to clothing retailers by gender UK 2015, UK textiles, clothing and leather manufacture: R&D intensity 2005-2018, Industry revenue of hosiery and sock mills in the U.S. 2012-2024, Industry revenue of fibre, yarn and thread mills in Texas 2012-2024, Adjusted operating profit of Primark worldwide from financial year 2008 to 2022 (in million GBP), Find your information in our database containing over 20,000 reports. The strategy is designed to minimise fashion waste, reduce our impact . 10 Grosvenor Street, Find your information in our database containing over 20,000 reports, retail subsidiary had generated a revenue worldwide, stores in the country reaching a net worth, which had a brand awareness of 94 percent. PRIMARK STORES LIMITED - Free company information from Companies House including registered office address, filing history, accounts, annual return, officers, charges, business activity. Primark Supply Chain Primark: number of manufacturing factories 2021, by country + Fashion & Accessories Primark: store numbers worldwide 2022, by country + Apparel & Shoes Net worth of. Fast fashion retailer Primark has said that store closures caused by European lockdowns will mean that it will have missed out on over $1.4 billion in revenues but stressed that it remains committed to its stores-only strategy and does not intend to sell online. Primark Ltd. Modern Slavery Statement STAKEHOLDER CONSULTATION: External stakeholders are a vital source of information and guidance. 0000013805 00000 n %PDF-1.7 % Primark Cares - how real change looks. The statement will be updated annually, as per the Modern Slavery Act 2015 guidelines. Parent company ABF argued that a 14% same-store sales decline atPrimarkwhile stores remained open was strong, given a significant decline in commuters and tourists in city-centers. 0000005216 00000 n Annual Publications 03. Primark expects strong recovery once lockdowns are lifted. The Principles include: demonstrating a clear commitment to ethical trade; integrating ethical trade into core business practices; driving year-on-year improvements to working conditions; and supporting suppliers to improve working conditions. Register in seconds and access exclusive features. Currently, you are using a shared account. Next has partneredwith the U.S. hedge fund Davidson Kempner and is pitted against Authentic Brands, which has been linked to a joint bid with JD Sports. 0000097757 00000 n But that does not mean that it pushes you to make uneconomic decisions about changing a winning business model.. Why are they waiting? The aim of the Modern Slavery Act 2015 is to tackle human trafficking and modern slavery. . 0000104738 00000 n 0000001322 00000 n personalising content and ads, providing social media features and to As a member, we must submit an annual report to the ETI which sets out the steps we are taking to implement their Principles across our supply chain. 0000003507 00000 n Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. Interviews conducted with 49 garment workers in these countries demonstrate that the Coronavirus-induced crisis continues to have a devastating impact on the wages . Primark's Global Sourcing for Apparel 0000004195 00000 n Available: https://www.statista.com/statistics/383785/primark-revenue-worldwide/, Revenue of Primark worldwide from financial year 2007 to 2022, Immediate access to statistics, forecasts & reports, Global revenue of the apparel market 2014-2027, Apparel market revenue worldwide 2022, by country, Revenue of the apparel industry in the UK 2014-2027, Sales of the leading apparel/footwear retailing companies worldwide 2021, Leading UK retailers ranked by worldwide sales 2021, Associated British Foods retail division: sales growth worldwide 2012-2022, Number of employees in Associated British Foods' retail division worldwide 2014-2022, Primark: store numbers worldwide 2008-2022, Primark: retail area worldwide 2022, by country, Number of monthly visits to Primark.com worldwide 2023, Distribution of Primark.com traffic 2022, by country, Distribution of Primark.com traffic 2022, by source, Distribution of Primark.com social traffic 2022, by network, Primark brand profile in the United States 2022, Leading fashion and clothing retailers in Finland 2018, by turnover, Leading value clothing retailers ranked by market share in the UK 2016, Leading fashion and clothing retailers in Norway 2020, by turnover, Associated British Foods group revenue worldwide 2008-2021, FatFace: number of stores in the United Kingdom (UK) 2000-2017, Number of employees of River Island Clothing worldwide 2013-2021, by type, New Look like-for-like sales performance 2015-2019, Associated British Foods group revenue worldwide 2008-2020, by sector, Shopping: purchase decision for clothing guided by retailer UK 2015, Shopping: proportion of mentioned top ten clothing retailers UK 2016, Shopping: scenario with retailer suggesting measurements UK 2015, Chile: number of clothing retailers 2005-2015, Shopping: reasons for unwillingness to share personal information UK 2015, Shopping: shared personal data with retailers while shopping UK 2015, Share of generated revenue of WESC 2010/11-2011/12, per market, Number of jewellery retail stores in the UK 2022, by turnover, Revenue of Primark worldwide from financial year 2007 to 2022 (in million GBP), Find your information in our database containing over 20,000 reports, most customers of all mens clothes stores.

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