European Fast Fashion Chain Primark Is Expanding in America
LatestIrish retailer, Primark, made inroads to the American market in September, looking to compete with the likes of Forever 21 and current king of fast fashion, Zara. Now the teen-focused chain is expanding its reach into the market by producing low-priced, Instagram-friendly clothes. In Europe, the retail chain is known for its ultra-cheap trendy offerings somewhat on par with H&M, but even cheaper. Where an average H&M outfit might run $23, the Primark-iteration costs closer to $14.
Owned by the Weston family, the family who also controls your mom’s Twinings tea, Primark currently has two stores in the United States: one in Boston and the other in suburban Philadelphia hellhole, King of Prussia mall. In 2016, Primark plans to open a significant number of stores throughout the U.S., expanding their global empire of cheap mini-skirts and club-ready clothes.
Bloomberg Business reports: