Primark in discussion with landlords

Publication

15 June 2020 à 14h35

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1 minute

Publication: 15 June 2020 à 14h35

Reading time: 1 minute

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Publication

15 June 2020 à 14h35

Reading time

1 minute

Publication: 15 June 2020 à 14h35

Reading time: 1 minute

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Closed since March 23rd, the fast fashion retailer Primark will reopen all 189 stores in the U.K. on June 15th. The giant retailer pays around €147 million in rent per year and has lost around €764 million in sales for each month of closure. Primark reportedly agreed to pay a limited group of landlords after insisting on non-disclosure agreements (N.D.A.’s) and refusing to pay millions of Euros to others.

One of the landlords revealed, on condition of anonymity, that Primark agreed t

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