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Primark Stores Limited (/ ˈ p r aɪ m ɑːr k /; trading as Penneys in Ireland) [6] [7] is an Irish multinational fashion retailer with headquarters in Dublin, Ireland, [8] with outlets across Europe and in the United States.
Wittington Investments owns 54.5% of Associated British Foods, one of the largest food companies in the world and the parent company of Primark, the largest discount clothing chain in the UK and Ireland. [5] Associated British Foods also owns British Sugar, processor of the entire UK beet crop and producer of half the UK consumption of sugar. [6]
Subsequently, in 1974, he took the model to Britain, initially under the Penneys brand, but following a trademark dispute with the American retailer JC Penney, the shops outside the Republic of Ireland were rebranded as Primark. [4] The major turnaround came in 2005, when Primark acquired a huge portfolio of Littlewoods stores. Meanwhile, close ...
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The fast fashion giant has committed to making all of its clothes using recycled or more sustainably-sourced material by 2030. Primark pledges to make sustainable clothing ‘affordable to all ...
Wittington Investments owns a majority stake in Associated British Foods (which itself owns the discount clothing chain Primark), and 100% of British retailers Fortnum & Mason and Heal's. In 2021, The Sunday Times named the Weston family among the most charitable people over the past 20 years, with donations of £1.661 billion. [6] [7]
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Its retail division, Primark, has some 384 stores across several countries, predominantly Germany, Ireland, Netherlands, Spain, and the UK. [2] ACH Food Companies is an American subsidiary. Associated British Foods is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index .