Primark boss Marchant resigns
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The head of fast fashion retailer Primark resigned Monday after admitting that he made an "error of judgment" with a woman in a social environment.
From Fox Business
Primark boss Paul Marchant has resigned following an allegation by a female colleague about "his behaviour towards her in a social environment".
From BBC
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However, in a trading update in January, Primark revised down its sales outlook for 2025, having reported a 6 per cent drop in like-for-like sales in the UK and Ireland, which account for 45 per cent of its sales. Cautious consumer sentiment in the UK was cited as the main reason for this cut. It is due to report its interim results on April 29th.
Who is Paul Marchant? Primark boss steps down after allegations of inappropriate behaviour - Under his leadership, Primark launched the Supporting Women for Life initiative
The head of fast fashion chain Primark, Paul Marchant, has resigned with immediate effect after he admitted an “error of judgment” towards a woman in a social environment.