
Primark to start opening stores in Kuwait and Dubai this year under Alshaya deal
The expansion announcements are coming thick and fast from Primark at the moment. After unveiling growth plans for Italy earlier this week it has now confirmed plans to debut in the Middle East.
It will do so in partnership with leading international retail franchise operator Alshaya Group.
Following the announcement of the strategic partnership in September 2024, Primark and Alshaya have confirmed plans to open the first of its new stores before the end of this year in the Gulf Cooperation Council (GCC).
The rollout will begin with Kuwait at The Avenues in October and will continue with Dubai in early 2026 with it debuting in the Dubai Mall, the Mall of the Emirates and City Centre Mirdif.
Four openings in a relatively short period is a fairly ambitious aim given the large size of the retailer's stores. But the four locations shouldn't be the end of the story. Primark and Alshaya will also 'continue to work together to consider future stores in other markets across the region,' we're told.
Interim CEO of the Anglo-Irish business, Eoin Tonge, said: 'We know there is already a strong cohort of shoppers ready and waiting for us and we believe the wider region holds a lot of potential for Primark and our value proposition.'
The 56-year-old retailer currently operates over 460 stores across 17 markets, all selling its affordable fashion, beauty and homewares.
And as mentioned, this week it also announced another €40 million (£34 million) investment in Italy with five new stores coming in Rome, Biella, Perugia and Naples (one each in three cities and two in Naples).
The company first invested in the country nine years ago and as recently as 2023 unveiled a €50 million programme that saw it adding more stores. The newly-announced five-store plan will take it to 26 locations across the country in total.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


France 24
3 days ago
- France 24
Ex-England boss Lancaster named Connacht head coach
The 55-year-old has signed a two-year contract and will oversee pre-season training in July. Lancaster was appointed England head coach in 2011 before leaving following a dismal home World Cup in 2015. He was most recently head coach of French club Racing 92, having worked as a senior coach at Irish province Leinster between 2016 and 2023. "Connacht is a club with a proud identity, a passionate supporter base, and enormous potential both on and off the field, so I'm honoured and humbled to be given the opportunity to lead the professional men's team programme," Lancaster said. Connacht chief executive Willie Ruane said: "Stuart is one of the most respected coaches in world rugby and we are absolutely thrilled to appoint someone of his calibre. "He has a proven track record in developing young talent, building a high-performance environment and, most importantly, delivering success and helping teams realise their ambitions." Connacht had a difficult 2024/25 season, finishing 13th in the 16-team United Rugby Championship to miss out on the play-offs and Champions Cup qualification.


Fashion Network
5 days ago
- Fashion Network
Coach's hit handbag shows how less-expensive luxury is gaining ground
'There's a bit of a backlash going on,' said Fflur Roberts, head of luxury goods at Euromonitor International. Consumers are questioning the true value behind the price, including how items are made and the cost versus what they're really worth, she said. As wealthy consumers trade down, mid-tier brands are performing increasingly well. Tapestry, which also owns the Kate Spade and Stuart Weitzman brands, recently raised its forecast for the year after reporting quarterly results ahead of analyst estimates. Amer Sports Inc., which owns premium sportswear brands Salomon and Arc'teryx, also increased its projections for the full year, while Michael Kors owner Capri Holdings Ltd. and Hugo Boss AG both outperformed market expectations. Ralph Lauren Corp. is another winner, offering a broad price range and maintaining appeal through its classic design, according to Bloomberg Intelligence senior retail analyst Mary Ross Gilbert. Same-store sales rose 13% in the three months through March 29, nearly double what analysts expected. Meanwhile, luxury giants Hermès International SCA and Gucci owner Kering SA joined LVMH in disappointing investors in the most recent earnings season, while privately-held Chanel Ltd.'s profit plunged. On the other end of the spectrum, fast fashion also struggling. 'We've seen a more difficult environment,' said BI senior analyst Charles Allen. Higher Zara prices and fewer H&M promotions are deterring shoppers, he added. Zara owner Inditex SA, Hennes & Mauritz AB and Primark, owned by Associated British Foods Plc, all reported slower growth or missed targets, while JD Sports Fashion Plc's same-store sales fell 2% in the first quarter and are expected to drop again. Tariffs — a key reason for the luxury slowdown — leave retailers targeting value shoppers little wiggle room. Uniqlo owner Fast Retailing Co. already warned these could hurt future earnings, while H&M said it may raise prices to offset the impact, which could push shoppers further away. Still, some consumers may be returning to stores. Primark US sales grew in April — partly due to the Easter holiday shifting to the month — after shrinking the previous two months, according to observed sales data collected by Bloomberg. Meanwhile, US wages continued to grow in April, and the country is still at a full employment level with the unemployment rate at 4.2%. US spending in April, however, ground to a halt. 'If people have money and see something tempting, they'll spend,' Allen said. 'People don't always behave how they say they will.'


Fashion Network
29-05-2025
- Fashion Network
After nine years at Dior, Maria Grazia Chiuri moves on
The wave of leadership changes across luxury fashion houses continues. Christian Dior Couture has officially announced the departure of Maria Grazia Chiuri, its artistic director for women's collections. The news comes just one day after Dior 's latest runway show in Rome, ending months of speculation about her planned exit. Since taking the reins in July 2016, the Italian designer has led Dior's women's ready-to-wear, haute couture, and accessories lines. Known for her feminist perspective, Chiuri played a key role in revitalizing the flagship LVMH brand. Between 2018 and 2023, Dior's revenue quadrupled under her direction. This announcement follows Dior's earlier confirmation in January of the exit of British designer Kim Jones, who led Dior Men for seven years. Jonathan Anderson, formerly creative director at Loewe, another LVMH label, replaced him in April. Earlier this year, speculation circulated that the Irish designer might also assume creative leadership of Dior's women's lines. Chiuri's next professional chapter remains unclear. She was previously rumored to be in discussions to lead Fendi 's women's collections, though those talks now appear unlikely to move forward. Born to a seamstress who ran a small atelier, Chiuri has long been drawn to fashion. Now 61, she studied at the Istituto Europeo di Design in Rome and began her career at Fendi, an LVMH brand, in 1989. There, she focused on handbag design and contributed to creating the iconic Baguette—one of the defining 'it bags' of the 1990s. Chiuri's career took off when she partnered with longtime collaborator Pierpaolo Piccioli. The pair caught the eye of Valentino Garavani and, in 1999, were entrusted with designing accessories for Valentino. Following the brand's acquisition by investment firm Permira in 2007 and the retirement of its founder, Chiuri and Piccioli stepped into the roles of co-creative directors for accessories. By late 2008, they were promoted to oversee all of Valentino's fashion collections. Their tenure saw the rise of the Rockstud pump, which became a global sensation. Under their leadership, Valentino experienced renewed energy, capturing the attention of younger consumers and gaining critical acclaim. When Qatari investment firm Mayhoola acquired the brand in 2012, Chiuri and Piccioli continued modernizing the house. By 2015, Valentino was nearing €1 billion in annual revenue. In 2016, Chiuri made history as the first woman appointed as artistic director of Dior. From her debut, she used fashion as a vehicle for feminist expression. Her runway shows regularly featured bold slogans such as 'We Should All Be Feminists' and 'Sisterhood Is Powerful.' While honoring Dior's storied heritage, Chiuri infused the brand with a contemporary edge, designing refined, wearable pieces that resonated with younger audiences. As she explained after her first show, her mission was 'to be attuned to the world and to create fashion that reflects today's women. Fashion that supports them through change, helping them break free from stereotypes.' In 2019, Chiuri received the title of Chevalier of the French Legion of Honor—one of several accolades that mark her influential career.