Category: Clothes Shop

Primark revenue and profits hit by store closures

Primark revenue and profits hit by store closures

Image: Primark

Primark has reported a drop in half-year sales and profit as Covid-19-related store closures continue to impact the retailer.

The fast-fashion giant’s revenue fell 40 percent to 2.23 billion pounds for the six months to February 27, with the majority of its stores closed for more than half of the period. Unlike many of its rivals, Primark doesn’t have a webstore to offset sales losses from its physical stores.

Adjusted operating profit plummeted 90 percent to 43 billion pounds.

Primark’s parent company, Associated British Foods (ABF), reported a 17 percent drop

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The Challenge of Shopping for Sustainable Clothes

Earth Day is swiftly approaching, and that means my inbox is full of promotional emails from clothing brands announcing that they’re becoming “sustainable” or making “eco-friendly” products. But it turns out those labels don’t mean much.

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Neither do other environmental buzzwords common in fashion marketing like “green,” “natural,” “clean,” or “ethical.” That’s because these terms lack concrete legal definitions, meaning brands don’t have to meet specific criteria to use them.

As public concern about the climate crisis, pollution, and other ecological issues grows—particularly among millennials coveted by brands—more of us are searching for ways to shop

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Americans not ready to return to stores after Covid-19 vaccine: survey

Pedestrians wearing protective masks carry shopping bags in San Francisco, California, on Wednesday, Dec. 23, 2020.

David Paul Morris | Bloomberg | Getty Images

As millions of Americans wait their turn to receive a Covid-19 vaccine, many say they won’t be rushing back to retailers’ stores to shop for clothes and shoes after the immunization, according to a new survey.

Forty percent of consumers say they plan to shop for apparel in stores either the same amount or less after being vaccinated, according to a study released Wednesday by First Insight. The predictive consumer analytics firm polled more than

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Labor Day clothes sales – CNN Underscored

(CNN) —  

Labor Day’s long weekend is the perfect time to do two things: chill out at home, and round out your fall wardrobe with deals from all the great sales that pop up around this time of year. Labor Day clothing sales are some of the biggest on the calendar, and you can score great discounts on stylish pieces that’ll get you through the cozy (and, well, cold) seasons ahead.

This year over the holiday weekend, stock up on great everyday pieces at Macy’s, Nordstrom and Old Navy — or, if you’re back at the office, pick up

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The Best Sales Online: April 16-18

There’s no time like the present to treat yourself to something new. From pre-Mother’s Day sales to spring savings events, retailers are taking every opportunity to knock prices down this weekend. To help you find the deals worth cashing in on, we’ve narrowed down the list below to the best sales online right now in fashion, beauty, home, tech and and more.

Mother’s Day is just a few weeks away, and a ton of brands are having sales so that

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