Primark Plans US Expansion, But Will They Succeed?

Shoppers in a Primark store | Source: Reuters

MADRID, Spain — Discount fashion chain Primark has made its mark in Europe by offering fast-changing fashion at rock-bottom prices. The secret of its success: placing huge orders for top-selling items like socks, tops and jeans and passing on the savings to shoppers.

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Bangladesh Factory Collapse Victims Want More Aid

Collapsed building in Bangladesh | Source: Associated Press

SAVAR, Bangladesh — Bangladesh began compiling details Monday about the victims of the 2013 Rana Plaza factory collapse as part of a compensation deal, but dozens of people took to the streets demanding a more complete accounting of the disaster.

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Has Zara Reached Saturation Point? Far From It, Investors Bet

Zara Autumn/Winter 2013/4 | Source: Zara

MADRID, Spain — The world's largest fashion retailer, Inditex, shows no sign of stalling and investors are betting that its Zara "fast fashion" model has plenty of room to expand in emerging markets by appealing to the growing ranks of brand-conscious middle classes.

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Bangladesh Waits for Factory Checks Six Months After 1,127 Die

Rana Plaza collapse in Dhaka, Bangladesh | Source: Flickr

DHAKA, Bangladesh — Six months ago, when 1,127 Bangladeshi workers were killed in the collapse of a high-rise warren of garment factories, international outcry led to pledges by western retailers and the government to set up a large-scale inspection regime and a new wage system.

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Op-Ed | Preventing Another Rana Plaza

Rana Plaza collapse in Dhaka, Bangladesh | Source: Flickr

In the wake of Rana Plaza, it’s clear that voluntary self-inspection of garment factories by brands and retailers is not enough to avoid terrible human tragedy. Workplace health and safety standards must be set and enforced by the workers themselves, argues Tansy E Hoskins.

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Primark Boosts Aid to Bangladesh Victims as Other Companies Balk

Rana Plaza collapse in Dhaka, Bangladesh | Source: Flickr

GENEVA, Switzerland — Primark, the budget fashion chain owned by Associated British Foods Plc, will pay all victims of the collapsed Rana Plaza factory in Bangladesh more short-term financial aid after talks today with other brands fell short of a more permanent resolution advocated by unions.

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Bangladesh Factory Victims Wait as Compensation Meeting Delayed

Inside a Bangladeshi garment factory | Source: Reuters

LONDON, United Kingdom — A meeting to determine compensation for victims of two factory disasters in Bangladesh was postponed until September after a union official fell ill, workers threatened to strike in Dhaka and European brands balked at attending over the summer.

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NewRiver Retail CEO Puts Cash in U.K. Malls as Confidence Rises

NewRiver Retail's Templars Square Cowley Site | Source: NewRiver Retail

LONDON, United Kingdom — NewRiver Retail Ltd. invested in a 24th U.K. shopping center, convinced the property will generate reliable income even in hard times, its chief executive officer said. The real-estate owner’s shares are outpacing competitors.

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