Primark escapes Bangladesh tragedy to report massive rise on sales
The budget clothing company saw a 22 per cent rise in year-on-year sales despite the Rana Plaza accident
Oliver Duggan has a BA in Politics and Parliamentary Studies from the University of Leeds and an MA in Newspaper Journalism from City University London. He works as a freelance reporter and editorial assistant for The Independent and i with a focus on Home Affairs and politics.
Thursday 11 July 2013
Less than three months ago it was the focus of international outrage, yet despite involvement in the collapse of a Bangladeshi factory that killed more than 1,120 workers Primark has reported a massive rise in sales.
The tragedy at Rana Plaza on 24 April sparked a flurry of condemnation of the brand’s use of cheap, poorly-regulated Indian labour.
However, the clothes retailer recorded a year-on-year sales increase of 22 per cent to the end of June, owing to “marked improvement” in sales during May and June.
Sales at Primark grew 20 per cent in the 16 weeks to June 22, which was at a slower pace than the first half of the year when total Primark sales rose 24 per cent.
In a statement to coincide with this morning’s results, the budget apparel chain said it was "deeply saddened by the tragic events caused by the building collapse at Rana Plaza in Bangladesh in April where one of Primark’s suppliers was located on the second floor".
The company appears to have limited the fallout from the tragedy by responding with humanitarian aid for the affected area.
Primark has reportedly donated food 1,300 families, paid short-term financial compensation to more than 3,300 workers irrespective of their employer and pledged long-term support for those in the employ of Primark suppliers.
A month after the accident, a spokesman said: “The company was the first brand to acknowledge that its suppliers were housed in the Rana Plaza complex. The company was the first brand to commit to paying compensation to workers and their dependents. And the company was the first UK brand to sign up to the accord on building and fire safety.”
- 2 Rarest Beanie Baby of them all could be sold for £62,500 on eBay
- 3 Professional big game hunter Ian Gibson crushed to death by elephant during hunt
- 4 Farmer told to tear down mock-Tudor castle after hiding construction behind hay bales
Migrants crossing the Mediterranean: Pope Francis joins calls for EU action on boat refugees
Yemen crisis: Meet the child soldiers who have forsaken books for Kalashnikovs
Alan Rickman admits editing 'terrible' script with friends in Pizza Hut behind backs of writers on Robin Hood: Prince of Thieves
Rarest Beanie Baby of them all could be sold for £62,500 on eBay
Isis in Afghanistan: Group claims responsibility for Jalalabad suicide bombing that killed 35
If I’m being racially abused I don’t need a stranger with a saviour complex to rescue me
The only black face in the Ukip manifesto is on the page about overseas aid
Ukip is the only main political party to not address LGBT rights in its manifesto
Food banks: One million Britons will soon be using them, according to Trussell Trust
Religion isn't growing, it is becoming vigorous in its demise, says philosopher AC Grayling
BBC election debate: The one photo that summed up the whole 90-minute leaders debate
£18000 - £23000 per annum: Recruitment Genius: They work with major vehicle ma...
£16500 per annum: Recruitment Genius: A Chiropractic Assistant is needed in a ...
£18000 - £26000 per annum: Recruitment Genius: They work with major vehicle ma...
£28000 - £30000 per annum: Recruitment Genius: This company provides coaching ...