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primark annual report 2021

Get in touch with us. As soon as this statistic is updated, you will immediately be notified via e-mail. 0000123128 00000 n 237 0 obj <> endobj 0000011400 00000 n However, most of Primark's China factories . 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. The statement will be updated annually, as per the Modern Slavery Act 2015 guidelines. When we became a member in 2006, we signed up to the ETIs Principles of Implementation. Statista. As a subsidiary of Associated British Foods plc (ABF), Primarks ethical trade and environmental sustainability work is reported on in ABFs annual Corporate Responsibility Report. 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. Primark Cares . Revenue of Primark worldwide from financial year 2007 to 2022 (in million GBP) [Graph]. improve our website by collecting and reporting information on how 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. Search our report database . 0000003070 00000 n 10 Grosvenor Street, 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. The statement covers Primarks policies and information on how the company addresses risks both within its supply chain and its own operations. Statista. As part of our commitment to make clothes that can be recycled by 2027, this year weve piloted a program for some of our Product team and suppliers, designed to embed circular design thinking throughout all levels of the business. Associated British Foods. 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. statistic alerts) please log in with your personal account. We have been ranked as a leader by the ETI since 2011,in light of our commitment, implementation and progress, and are committed to continue working with the ETI to continuously drive improvements. Profit from the additional features of your individual account. 0000104738 00000 n "Revenue of Primark worldwide from financial year 2007 to 2022 (in million GBP)." 0000002556 00000 n Download Primark-Sustainability-and-Ethics-Report-2021-22. These include the Business and Human Rights Resource Centre (BHRRC) and KnowTheChain. tool will set a cookie on your device to remember your preferences. Our Ethical Approach|Our Sourcing Map|Our Global Reach. Moving towards more circular principles both within our own operations and throughout our supply chain is a key part of Primark Cares. For businesses, the . Accessed May 01, 2023. https://www.statista.com/statistics/490869/primark-operating-profit-worldwide/, Associated British Foods. Launching our Primark Cares commitments last year was a defining moment for Primark. Primark US's Annual Report & Profile shows critical firmographic facts: What is the company's size? As we launch thePrimark 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. STAKEHOLDER CONSULTATION: External stakeholders are a vital source of information and guidance. Chart. The ETI assesses every report that we submit to them. Weve worked with the Ellen Macarthur Foundation since 2018, drawing on their network, knowledge and expertise to help embed more circular practices within our business. 0000097516 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. In a hard-hitting new research report, Clean Clothes Campaign finds that H&M, Nike and Primark have driven factory workers in their supply chains in Bangladesh, Cambodia and Indonesia into desperation during the COVID-19 pandemic. . Read more about our Environmental Insights intoCarbon,ChemistryandWater. The Board recognises that a Group of our scale and significance has responsibilities to many stakeholders. 0000104509 00000 n Launching our Primark Cares commitments last year was a defining moment for Primark. A note from our Primark Cares Director Lynne Walker on our Primark Cares strategy and commitments. Download Modern Slavery Act Statement here: Download primark-modern-slavery-statement-2022. (Photo by Paul Marotta/Getty Images for Primark). If you are an admin, please authenticate by logging in again. As we launch thePrimark Sustainability & Ethics Progress Report we reflect on a foundational year, focused on developing the internal processes and programs that will underpin the changes needed within Primark, and throughout our value chain, to deliver on our Primark Cares strategy. Growing together 1.45m tonnes sold in domestic and regional African markets These principles set out how member companies should approach ethical trade. 0000013263 00000 n Yes, that is not in dispute here. It also opened a store in Paris in August, which attracted large queues upon opening. The percentage is exceptionally high in developing countries like Myanmar (89%), Sri Lanka (78%), Vietnam (77%), and Cambodia (75%). 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. For its part, Primark had quickly abandoned its one limited-product experiment with online player Asos a couple of years back and a year ago the retailer affirmed it hadswitched its focus to growing overseasrather than in the highly competitive U.K. market. Primark: number of manufacturing factories 2021, by country, Primark: store numbers worldwide 2022, by country, Net worth of Primark in the United Kingdom (UK) 2010-2021, Primark: adjusted operating profit worldwide 2008-2022, To download this statistic in XLS format you need a Statista Account, To download this statistic in PNG format you need a Statista Account, To download this statistic in PDF format you need a Statista Account. The ideal entry-level account for individual users. 0000123105 00000 n They identify where progress has been made and where further action is required. The work is carried out by an independent third party and incorporates information such as how many audits we carried out in factories that year and what ethical rating factories were given in their latest audit. 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 . The owner of the clothing retailer Primark said annual profits would be higher than previously expected after Britons started shopping early for the . financial year 2022 ended September 17, 2022). ", Associated British Foods, Adjusted operating profit of Primark worldwide from financial year 2008 to 2022 (in million GBP) Statista, https://www.statista.com/statistics/490869/primark-operating-profit-worldwide/ (last visited May 01, 2023), Adjusted operating profit of Primark worldwide from financial year 2008 to 2022 (in million GBP) [Graph], Associated British Foods, November 4, 2022. That makes us different. We Read more about our Environmental Insights intoCarbon,ChemistryandWater. We report annually on the progress of our Environmental Sustainability team programmes and initiatives. Primark Cares - how real change looks. The aim of the 'Modern Slavery Act 2015' is to tackle human trafficking and modern slavery. 0000011724 00000 n However, in 2020 and 2021 operating profit took a dive, decreasing to 321 million British pounds in 2021. Launching our Primark Cares commitments last year was a defining moment for Primark. positioning against mulesing ent 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. 0000007286 00000 n The report includes updates on a number of corporate responsibility activities and strategic business objectives regarding ethical trade and environmental sustainability, including the progress being made by Primarks Ethical Trade and Environmental Sustainability Team. The ideal entry-level account for individual users. 0000004993 00000 n 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. 0000003967 00000 n You've accepted analytics cookies. 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 . ET 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 German Partnership for Sustainable Textiles is a multi-stakeholder initiative that brings together companies, associations, non-governmental organizations, trade unions, standard organizations and the German Government. 0000098320 00000 n 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 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). 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. statistic alerts) please log in with your personal account. This statistic is not included in your account. 0000002094 00000 n You only have access to basic statistics. A paid subscription is required for full access. Moving towards more circular principles both within our own operations and across our supply chain is a key part of Primark Cares. . Primark US's annual revenues are $100-$500 million (see exact revenue data) and has 500-1,000 employees. Chart. [Online]. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. 0000005216 00000 n Then you can access your favorite statistics via the star in the header. 2023 Primark Stores Limited . 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. At Primark, we are committed more than ever, to make more sustainable fashion affordable for all. 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. 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.

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primark annual report 2021