Tuesday, 4 November 2014

Primark Profit Peak

The discount clothing chain which is currently in 9 different countries is taking aim at the US market as its annual results show strong demand across Europe. The chairman of Primark's owner has hailed a "magnificent" year for the discount clothing retailer, with profits rising 30% to £662m. They have also confirmed they are continuing to look into health & safety standards after the collapse of the Bangladesh factory last year which led to them to compensating families and victims and total of £7.5m.