Oded Gold: Interesting Facts About Primark
Founded in 1969 in Dublin, Ireland, Primark is a fast-fashion clothing retailer Oded Gold explains. Primark is owned by Associated British Foods (ABF). The company has more than 290 stores across the world and is valued at $19 billion. It is also a member of the Ethical Trading Initiative.
The Primark brand is spreading across Europe, the United States, Canada, Australia, and the Middle East. It is known for its affordable fashion and trendy clothes. The company was originally called Penney's. The name was changed in 1974.
Primark has changed its business model and has committed to reducing its impact on the environment. It is a member of the Sustainable Apparel Coalition and has made commitments to reduce plastic waste, recycle more, and use sustainable cotton Oded Gold explains. In addition, it has committed to eliminate hazardous chemicals from its products by 2020.
Primark has committed to improving the livelihoods of people who make its clothes. It is also committed to training cotton farmers in environmentally friendly ways. Primark has also worked with charities to donate unsold items to those in need.
Primark employs a workforce of over 80,000 people around the world. The company's main focus is on paying employees equal wages and treating everyone equally. The company also has a zero tolerance policy for child labour and believes in hiring employees from a diverse range of backgrounds.
Primark has partnered with charities such as Delivering Good in the United States, and Newlife in Europe. The company has also committed to provide support to disabled children.