The MTP Business Learning Blog

This blog is produced by MTP for senior professionals highlighting relevant and interesting books and articles on business, finance and strategy, and the opportunity to comment on them. It also contains news of MTP and its clients and, from time to time, extracts from MTP publications.

Tuesday 8 September 2015

Primark. Faster, cheaper fashion

An article in the Business section of the Economist this week covers Primark’s launch into the USA. 

Most readers of this blog will be aware of the business model of Primark, selling on trend clothes at very low prices.  The company now sells more clothes than any other retailer in the UK - serving 1.4 million shoppers every day.  It has expanded into Europe across Austria, Belguim, France, Germany, the Netherlands and Spain. 

Now Primark are opening their first store in the USA on 10th September in Boston, with another eight opening over the next year.