Primark chief Eoin Tonge: ‘I want to bring Penneys back to what Penneys was’
Dubliner runs a business that spans from Dublin to the Middle East and the US, with 85% of its products selling for under a tenner
Primark
Irishman Eoin Tonge appointed chief executive of Primark
Paul Marchant resigned in March last year following an investigation into alleged inappropriate behaviour towards a woman
Penneys ends partnership with WornWell second-hand clothes outlet
Concession opened in two Dublin stores in 2023 but closed in recent weeks
Primark’s Christmas quarter sales fell 2.7%
Parent company Associated British Foods issued a profit warning earlier this month
Penneys’ owners have bigger priorities than stock market spin-out
Retailer has been outflanked by rivals even as consumers decide to adopt a more cautious approach to spending
‘Made in Bangladesh’: the reality of a garment industry that fills Ireland’s shops
Bangladesh is one of the biggest exporters of garments - Ireland’s shops are filled with products of its labour
European shares stabilise as investors await Nvidia report
Chipmaker’s earnings could set the tone in markets for the rest of the year
Penneys moment: Could a long-awaited spin-off finally pay off?
ABF flirted with a separation before but was rebuffed by Penneys founder Arthur Ryan, who preferred to stay out of the spotlight
Penneys owner’s plan to split fashion from food fails to excite investing front row
Thinking appears to that demerger would thrust food business into ‘rightful place in the spotlight’
Penneys owner ABF explores spinning off fashion chain
Retail giant flags ‘weak shopping activity’ among budget-conscious shoppers
Penneys owner Primark marks Middle East entry with Kuwait store
High street fashion retailer to open three stores in Dubai in 2026
‘I really liked the idea of a 12-month programme ... where you’d get thrown into the deep end’
Naoise Finnegan (Primark) and Jack Hegarty (ESB)
Primark hikes US prices in response to tariffs
Group says subdued European environment expected to hit overall sales in second half of the year
Use your clothes for nine months more and reduce their environmental footprint by up to 30%
Consumers can be assured that the environmental impacts of fast fashion will not go away quickly
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