We are delighted to announce Paul Marchant is The Irish Times Business Person of the month for January, in association with Bank of Ireland. More details at ITBusinessAwards
Primark chief executive Paul Marchant has been chosen as The Irish Times Business Person of the Month for January, an award run in association with Bank of Ireland.
In a trading update on January 24th, the retailer’s listed parent company, Associated British Foods, said Primark had traded “ahead of expectation” last year, including “a very strong Christmas period”. “This year, footfall was strong in both the UK and the euro zone, unit volumes increased, and sales were 18 per cent ahead of last year at actual exchange rates and 15 per cent ahead at constant currency,” the company said.
Primark’s like-for-like sales were 11 per cent ahead, “supported by higher unit volumes, higher average selling prices and a normalised level of markdown”. The company said its sales in the week leading up to Christmas Day “reached a new record”.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Energy firms ‘must cut prices’, inane chatbots and spring cleaning your techEnergy firms ‘must cut prices’, inane chatbots and spring cleaning your tech: the best news, analysis and comment from The Irish Times business desk.
Read more »
Dubliners’ disposable income, Coinbase’s Irish plans, and Any Other Business with John BurnsDubliners’ disposable income, Coinbase’s Irish plans, and Any Other Business with John Burns via IrishTimesBiz
Read more »
Paul Mescal Just Shared Why He Won't Be Talking About His Relationship Status | StellarHere's why Paul Mescal won't be confirming his relationship status anytime soon:
Read more »
Paul Mescal opens up about struggle of living in the public eyePaul Mescal has opened up about the struggle of living in the public eye after shooting to fame after Normal People.
Read more »
Brendan Gleeson asked son Domhnall for Paul Mescal's number after Oscars nodGleeson ran into Mescal at Monday’s Oscar’s luncheon, alongside Colin Farrell.
Read more »
One person killed and at least seven injured after multiple Russian strikes across UkraineOne person killed and at least seven others injured after multiple Russian strikes across Ukraine today
Read more »