Subject category:
Strategy and General Management
Published by:
Ivey Publishing
Version: 2020-04-01
Revision date: 15-May-2020
Length: 12 pages
Data source: Published sources
Abstract
Primark was a low-cost, fast-fashion clothing retailer headquartered in the United Kingdom. The company's low-priced clothing enticed consumers, but it also attracted criticism for exploitative labor practices in the low-cost economies where Primark's manufacturing was outsourced. However, Primark believed that it created jobs in low-cost economies, and its low prices were the result of efficient initiatives such as no online presence and limited advertising. Experts suggested that the absence of an e-Commerce division was a strategic mistake. In October 2019, the company's chief executive officer was challenged with synchronizing Primark's low-cost strategy with its sustainability initiatives and deciding on the company's online presence.
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Abstract
Primark was a low-cost, fast-fashion clothing retailer headquartered in the United Kingdom. The company's low-priced clothing enticed consumers, but it also attracted criticism for exploitative labor practices in the low-cost economies where Primark's manufacturing was outsourced. However, Primark believed that it created jobs in low-cost economies, and its low prices were the result of efficient initiatives such as no online presence and limited advertising. Experts suggested that the absence of an e-Commerce division was a strategic mistake. In October 2019, the company's chief executive officer was challenged with synchronizing Primark's low-cost strategy with its sustainability initiatives and deciding on the company's online presence.