Primark

Primark

Irish clothing retailer

Primark Limited is an Irish multinational retailer specialising in fast fashion. It is headquartered in Dublin, Ireland, with 476 shops in Europe and in the United States and franchised shops in Kuwait and Dubai. The company was founded as Penneys; however, that brand hasn't been used outside of the Republic of Ireland since 1976 because of a trademark conflict with American retailer JCPenney. Primark is owned by Associated British Foods.

Also known as...Penneys and Primark Stores Ltd.
Associated British Foods demerger

Associated British Foods demerger AB Foods to spin off Primark as a separate company in a major restructuring of the retail giant.