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Primark Sales Continue to Grow
Value clothing chain Primark has continued to perform well with a 15% rise in total sales in the 16 weeks to 19 June.
Sales across the group, which owns brands such as Silver Spoon, Twinings and Kingsmill, rose 13% and the retailer reduced its net debt from £1.09 billion to below £1 billion.
In it’s interim management statement the company said: “Primark is having an excellent year with particularly strong trading in Spain and very encouraging progress made in its other continental European stores. Revenue year-to-date has increased by 17% driven by an increase in retail selling space and further like-for-like sales growth.
“Trading for the group since the half year remains on track to deliver very good progress in earnings for the full year.”
Sample Entry
Asda Stores Ltd
|
Asda House, Great Wilson Street, Southbank, Leeds, United Kingdom |
|
| Telephone: |
0113 241 9833 |
| Fax: | 0113 241 8666 |
| Website: | www.asda.co.uk |
| Product/Activity: |
Internet, Multiple Retailer, Out of Town |
| No. of Branches: | 350 |
| Branch Region: | Nationwide, Nationwide |
| Number of Staff: | 1001+ |
| Turnover: | 100M + |
| Chief Executive |
Mr Andy Clarke (Chief Executive) |
| Managing Director |
Mr Mike Logue (Managing Director, Non-Food Format) |
| Finance |
Ms Judith McKenna (Finance Officer) |
| Buyer |
Ms Fiona Lambert (Brand Director, George, Acting Head of Design, Buy) |
| Also Including 20 staff and 3 other buyers | |
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Statistics
Employment in the retail sector has fallen by over 76,000 in the last five years
