Primark CEO resigns after ‘error of judgment’
Andreea Neblea
Reuters — The head of fast fashion chain Primark, Paul Marchant, has resigned with immediate effect after he admitted an “error of judgment” towards a woman in a social environment. Parent-company Associated British Foods said in a statement on Monday that Marchant had accepted his actions fell below the standards expected, and the chief executive of the 14 billion pound ($18 billion) conglomerate said he was “immensely disappointed.” Primark has over 450 stores in 17 countries across Europe
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