Primark will increase its investments in France.

The low-cost clothing chain announced on Monday an “ambitious growth plan” for France, with the scheduled opening of seven new stores, an extension in Lyon and the creation of 800 jobs.

The brand will open these new stores between the end of 2022 and the end of 2023 (in Brest, Nantes, Angers, Rouen, Mulhouse, Saint-Etienne and Grenoble).

The group will also extend its sales area in Lyon, within the Part-Dieu shopping center.

In total, the brand will invest 100 million euros and deploy over 29,000 square meters of additional sales area.

Strong increase in turnover

Established for 10 years in France, Primark currently has 20 stores, employing 5,820 employees, for a sales area of ​​100,000 square meters, detailed its general manager France, Christine Loizy.

Worldwide, the brand intends to grow from 409 stores currently to 536 stores by September 2026. It employs a total of more than 70,000 people in 14 countries in Europe and the United States.

Primark, which belongs to the British group Associated British Foods (ABF), achieved 7.7 billion pounds sterling (8.9 billion euros) in turnover during its 2021-2022 financial year, a jump of 43 % over one year.

Asked about a possible repercussion of inflation on the cost of goods, Christine Loizy admitted that “on the adult winter collection” at the global level, the group has “been obliged, for certain products, to increase prices (…) approximately 3 to 4%.

The general manager, however, stressed that "for more than 1,000 references" of children's clothing, the prices had not changed, so as not to penalize families at the start of the school year.

Miscellaneous facts

Seine-et-Marne: The man who had stabbed his colleague at Primark arrested

Planet

Primark promises to make less polluting clothes by 2030

  • Economy

  • Primark

  • Garment

  • Clothing

  • Use

  • Lyons

  • Auvergne-Rhône-Alpes

  • Nantes

  • Pays de la Loire