Primark plans to slay in the U.S.A.

May 15, 2023

The novel coronavirus pandemic put a crimp in Primark’s U.S. expansion plans, but the fast-fashion retailer is now set on growing its store count from 13 to 60 by 2026. “There is nobody who is doing what we’re doing around price, quality and value,” said Kevin Tulip, Primark’s U.S. president.

Recent News

US Plans Tariffs on Chinese Electric Vehicles

The Biden administration intends to announce new tariffs on Chinese electric vehicles (EVs), possibly reaching 100%, along with additional import taxes on various Chinese goods, including semiconductors. This move aims to safeguard American manufacturing interests, amidst concerns that China’s competitive pricing may undermine US efforts to boost domestic clean energy production.