Neil Saunders’ Post

Great to see brand licensing called out specifically in this as a way in which Primark stays relevant and draws people into store - including in new stores in the US. #retail #brandlicensing #licensing #fandom https://lnkd.in/epSQmaf6

Ever heard of Primark, the clothing store? If you’re one of my UK or European readers, then absolutely. But in the US, Primark is only about 20ish stores strong. They’ve been ramping up slowly and following the playbook for other European retailer imports like Aldi, IKEA and H&M. The plan: build slowly until you’re suddenly everywhere. Primark already has strong licensing deals for its clothing, partnering with many iconic brands. Current partners are Disney, Marvel, Nickelodeon, Paramount, Netflix, NFL, NBA, Mattel and many more. Their deep licensing ties are going to make them a juggernaut in the US once they establish their foothold. Their ambitious plan is to be 90 stores strong by 2026. Expect to hear about Primark a lot more in the near future. https://lnkd.in/e--MTeit #licensing #license #brands #deals

ASBCI Premier member Primark boosts their global presence by opening stores in four new locations, the UK, the US, France and Spain. https://bit.ly/4g3jdM7

UK Lessons – What Primark Did to Competitors Like Peacocks and Bonmarche When Primark expanded aggressively into the UK, it wasn’t just another retailer—it was a disruptor. Established budget-friendly brands like Peacocks and Bonmarché initially tried to respond by slashing prices, but Primark’s efficiency, lower costs, and fast-fashion model made it hard to compete. Within just a few years, both Peacocks and Bonmarché had filed for administration, unable to withstand the pressure. What does this mean for brands in the GCC? Could similar value-fashion brands face the same challenge? Or will we see local players innovating to stay ahead? Up next, we’ll dive into the impact Primark had in Spain, where even established local players struggled to survive. 🌍 #PrimarkVsUK #RetailDisruption #FashionWars #PrimarkEffect #ValueFashion

Primark is set to open a new store in Weymouth, taking over the former Wilko site. With footfall declining since Wilko closure, this move could be a turning point for the town. Our latest blog dives into Huq’s footfall data to explore how Primark’s arrival could spark a revival of Weymouth’s high street, attract new shoppers and boost the local economy. 📈 Explore how major retail investments like this can transform footfall trends: https://lnkd.in/e9cB9i8x #RetailStrategy #LocationIntelligence #FootfallData #RetailFinance #SiteSelection #RetailSuccess #RetailInsights #RetailExpansion

Do you shop with huge but trusted retailers or opt for independent business? Primark's £100m investment in UK stores for 2024 underscores its massive growth, yet it also highlights challenges for independent brands. While Primark dominates with its scale, smaller brands possess a unique edge: sustainability and personalised experiences.🤝 Today's consumers crave authenticity and connection, making room for smaller players to shine. Economic consciousness further amplifies this trend. Small brands can leverage storytelling and direct interaction to stand out in a crowded market of retail giants. Your size doesn't limit your impact—embrace it and engage with your audience on a personal level.🔐 You can read the full article here: https://bit.ly/3P8YgUq 💥 If you want to take advantage of being a small business and find out how customer centric you are and ways to improve further, click the link and do my free, 5 minute quiz. https://bit.ly/3Pa2T0E #SmallBrandBigImpact #Sustainability #CustomerConnection

Following a robust first half, in which Associated British Foods plc. witnessed 39% growth in profit, they were projecting huge growth in its full-year profit. That performance was driven mostly by strong margin recovery in both the Primark fashion retail business and food operations. This is only the beginning of the Primark outperformance story, with revenues up 7.5% at £4.5 billion and like-for-like sales growth of 2.1%. They see further success as new store openings continue and thus maintain sales growth. Furthermore, Primark has forecasted an improved adjusted operating margin of moderate nature in the second half, reflecting the better product costs and a reduction in the shipping cost. On the grocery side, the division continues robustly with brands such as Twinings, Jordans Dorset Ryvita, Kingsmill, and Ovaltine. In this area, too, a strong improvement in their profitability is expected. Strategic initiatives in place across their business units are paying off despite a soft consumer environment. As usual, Primark will be vigilant towards global market conditions, which now include monitoring the situation in the Red Sea but are not expected to experience serious disruptions. #BusinessGrowth #RetailSuccess

New Public First study looking at Primark's role as an anchor institution on British High streets - drawing on new opinion research and economic modelling. When it comes to corporate impact studies, our approach is always to go beyond jobs and GDP numbers - which can be glossed over in isolation - and help companies articulate their unique stories. And Primark's story is one of acting as a strong draw for visiting town and city centres: our research found that, every week, Primark stores draw 2.3 million people onto the high street by acting as the *main* reason for visiting. Amid the rise in online shopping, Primark continues to invest in bricks and mortar retail on the high street. It will invest £100 million in 2024 alone, including opening new stores in Bury St. Edmunds, Teesside Park and Glasgow Fort. https://lnkd.in/gTEFi64M To find out more about our approach to impact assessment, get in touch: scott.corfe@publicfirst.co.uk

𝐀𝐋𝐒𝐇𝐀𝐘𝐀 𝐒𝐄𝐓𝐒 𝐓𝐇𝐄 𝐒𝐓𝐀𝐆𝐄 𝐅𝐎𝐑 𝐏𝐑𝐈𝐌𝐀𝐑𝐊’𝐒 𝐃𝐄𝐁𝐔𝐓 𝐈𝐍 𝐓𝐇𝐄 𝐌𝐈𝐃𝐃𝐋𝐄 𝐄𝐀𝐒𝐓 𝐀𝐥𝐬𝐡𝐚𝐲𝐚 𝐆𝐫𝐨𝐮𝐩’𝐬 newly announced partnership with Primark, the Irish fashion powerhouse renowned for its value-driven approach, is poised to reshape the Middle Eastern fashion retail landscape. This collaboration signals Primark’s long-anticipated entry into the GCC—a development eagerly awaited by value-conscious consumers. From an industry perspective, this alliance stands out for its strategic implications. Alshaya’s dominance in franchise operations and Primark’s distinctive value-fashion proposition create a potent combination. While many global brands have already staked their claim in the region, Primark’s entry marks a new chapter in affordable fashion—introducing a model that is both accessible and trend-driven. John Hadden, 𝗖𝗘𝗢, 𝗔𝗹𝘀𝗵𝗮𝘆𝗮 𝗚𝗿𝗼𝘂𝗽 said "𝘞𝘦 𝘢𝘳𝘦 𝘪𝘯𝘤𝘳𝘦𝘥𝘪𝘣𝘭𝘺 𝘱𝘳𝘰𝘶𝘥 𝘵𝘰 𝘱𝘢𝘳𝘵𝘯𝘦𝘳 𝘸𝘪𝘵𝘩 𝘗𝘳𝘪𝘮𝘢𝘳𝘬 𝘵𝘰 𝘥𝘪𝘴𝘤𝘶𝘴𝘴 𝘱𝘰𝘵𝘦𝘯𝘵𝘪𝘢𝘭 𝘰𝘱𝘱𝘰𝘳𝘵𝘶𝘯𝘪𝘵𝘪𝘦𝘴 𝘵𝘰 𝘣𝘳𝘪𝘯𝘨 𝘵𝘩𝘦𝘪𝘳 𝘴𝘵𝘰𝘳𝘦𝘴 𝘵𝘰 𝘵𝘩𝘦 𝘳𝘦𝘨𝘪𝘰𝘯. 𝘍𝘰𝘳 𝘮𝘢𝘯𝘺 𝘺𝘦𝘢𝘳𝘴, 𝘴𝘩𝘰𝘱𝘱𝘦𝘳𝘴 𝘢𝘤𝘳𝘰𝘴𝘴 𝘵𝘩𝘦 𝘳𝘦𝘨𝘪𝘰𝘯 𝘩𝘢𝘷𝘦 𝘢𝘴𝘬𝘦𝘥 𝘧𝘰𝘳 𝘗𝘳𝘪𝘮𝘢𝘳𝘬 𝘢𝘯𝘥 𝘸𝘦 𝘢𝘳𝘦 𝘭𝘰𝘰𝘬𝘪𝘯𝘨 𝘧𝘰𝘳𝘸𝘢𝘳𝘥 𝘵𝘰 𝘵𝘩𝘦 𝘴𝘵𝘢𝘳𝘵 𝘰𝘧 𝘢 𝘴𝘶𝘤𝘤𝘦𝘴𝘴𝘧𝘶𝘭 𝘱𝘢𝘳𝘵𝘯𝘦𝘳𝘴𝘩𝘪𝘱 𝘵𝘰 𝘩𝘦𝘭𝘱 𝘣𝘳𝘪𝘯𝘨 𝘵𝘩𝘦𝘪𝘳 𝘦𝘹𝘤𝘦𝘱𝘵𝘪𝘰𝘯𝘢𝘭 𝘪𝘯-𝘴𝘵𝘰𝘳𝘦 𝘦𝘹𝘱𝘦𝘳𝘪𝘦𝘯𝘤𝘦 𝘵𝘰 𝘵𝘩𝘦 𝘎𝘊𝘊.” We will be closely watching how this partnership unfolds and will keep you updated on the broader impact it may have on the region's retail dynamics. 𝐀𝐛𝐨𝐮𝐭 𝐏𝐫𝐢𝐦𝐚𝐫𝐤 ————————— Founded in Dublin, Ireland, 55 years ago, Primark now operates over 450 stores across 17 markets, offering customers great value essentials and high-quality fashion ranges at affordable and accessible prices for everyone. 𝐀𝐛𝐨𝐮𝐭 𝐀𝐥𝐬𝐡𝐚𝐲𝐚 𝐆𝐫𝐨𝐮𝐩 ———————————— Alshaya Group, a family-owned business established in Kuwait in 1890, has grown into one of the world’s leading brand franchise operators. With over 4,000 stores across MENA, Türkiye and Europe, Alshaya’s portfolio spans more than 70 well-known international brands, including Starbucks, H&M, Victoria’s Secret, Footlocker, Charlotte Tilbury, Raising Cane’s, Shake Shack and Chipotle. #RetailIntelligence #MiddleEastFashion #StrategicPartnership #GCCRetail #RetailDisruption #AlshayaGroup #Primark #IMAGESRetailME

🔥 Primark is coming to the Middle East! By partnering with the Alshaya Group, Primark is set to bring its renowned retail experience to the GCC region. John Hadden, CEO of Alshaya Group, expressed enthusiasm: “We are incredibly proud to partner with Primark to discuss potential opportunities to bring their stores to the region. For many years, shoppers across the region have asked for Primark and we are looking forward to the start of a successful partnership to help bring their exceptional in-store experience to the GCC.” This partnership aligns with Primark's broader strategy to enhance its international presence. In the US, the retailer is on track for a robust 25% sales growth in the latter half of the year. What do you think? Will Primark's "fast fashion at affordable prices" formula hit the mark in the GCC? Read full report here: https://lnkd.in/g8NbqZPX #Primark #RetailExpansion #MiddleEast #AlshayaGroup #FashionRetail #GlobalGrowth #RetailNews #BusinessStrategy #EmerceConsulting