Good introduction to the whole assignment with immediate reference to current marketing theory
Analyse
According to Hollensen (2007) , « global marketing consists of finding and satisfying global customers needs better than the competition, and of coordinating marketing activities within the constraint of the global environment ». In this essay, we come to think about: In what way Primark’s strategy could correspond to the needs of French customers. In other words, is there an opportunity for Primark to set itself up in France given the attractive French environment.
Irish clothing retailer founded in 1969 under the name of Penney’s (still in Ireland), Primark represented in 2008 3,9% of the global clothing retail value in United Kingdom. (Eurominitor, 2009) and counted 21827 employees. (Primark report,Fame,2010)
Good use of numbers to briefly describe the business
Good use of numbers to briefly describe the business
With a revenue which has reached £2,314m in 2009, Primark have 206 stores, spread across England (with the majority of 144 stores) ,Ireland Spain, Portugal, Germany , Netherland and more recently in Belgium. (Associated British Food Annual report and account 2009). Source: Primark website, Primark stores in Europe
A Retail arm of the Associated British food group, in which it represents 25,5% of the entire revenue of the group in 2009. Primark enjoys the stability and the power that ABF group brings to the retailer.
With a strategy of a good quality, for cheap price, after 40 years of experience Primark is recognised the second largest retailer in Uk with a growth in 2009-2010 higher than its competitors. (ABF corporate website 2010)
Good secondary source of information, not just relying on companies own website (which is PR)
Good secondary
Bibliography: Allain AL , (January 2010) , Primark : cap sur l 'Europe et le commerce équitable , Fashion daily news Available via http://www.fashion-dailynews.com/distribution/primarkcapsurleuropeetlecommerceequitable.html [Accessed the 15th October 2010] Associated British Food (2009) , Associated British Food Annual report and account, Associated British Food , Available via http://www.abf.co.uk/uploads/abffullreport.pdf [Accessed the 20th October 2010] BBC Video , (2005) , Primark : King of No frills fashion , BBC Clothing and footwear in France , (2009) , Euromonitor Available via https://www.portal.euromonitor.com/Portal/Magazines/Welcome.aspx [Accessed the 20th October 2010] Available via https://www.portal.euromonitor.com/Portal/Magazines/Welcome.aspx [Accessed the 20th October 2010] Clothing in UK (September 2009) Euromonitor International country sector briefing Doyle P & Stern P (2006) , Marketing Management and Strategy , 4th edition , Prentice Hall Global clothing and footwear : Unlocking opportunity in a challenging operating climate (November 2010) , Euromonitor international IFM , (Octobre 2010), La lettre économique de l’institut français de la mode n°185, Institut français de la mode Available via http://www.ifm-paris.com/uploads/LETTRE/ifm_lettre_de_conjoncture_102010.pdf [Accessed the 20th October 2010] Letessier I, (2008) Primark fait trembler Zara et H&M, le Figaro , Available via http://www.lefigaro.fr/societes/2008/11/08/04015-20081108ARTFIG00641-primark-fait-trembler-zara-et-hampm-.php [Accessed the 20th October 2010] Levitt T,(1984), The globalization of the markets ,The Mckinsey Quaterly Available via http://www.vuw.ac.nz/~caplabtb/m302w07/levitt.pdf [Accessed the 27th November 2010] Lynch R, (2009) Strategic Management, 5th edition , Prentice Hall Merit C, (2009) Actualité sur le textiles et l’habillement : Le succès de Primark sur le marché Espagnol, Ubifrance Penneys operated by Primark (2000) Expansion through Acquisition , the Irish time Available via http://www.business2000.ie/pdf/pdf_2/penneys_2nd_ed.pdf [Accessed the 25th November 2010] Retailing-France (2009) Euromonitor Available via https://www.portal.euromonitor.com/Portal/Magazines/Welcome.aspx [Accessed the 20th October 2010] Vivarte corporate website (2010) , Available via http://www.vivarte.fr/enseignes/index.html [Accessed the 15th November 2010]