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PESTLE Analysis of UK Clothing Retail Industry - Primark

   

Added on  2023-03-23

14 Pages1229 Words72 Views
PESTLE ANALYSIS OF UK
CLOTHING RETAIL INDUSTRY
Primark

Macro environmental
factors
Political
Economic
Social
Technological
Environmental
Legal

Positive and negative impact of
Political factors
Positive
free trade agreements has increased
profitability
Negative
terrorist attack in London in 2017
declined sales.
Brexit issue affected overall operations

Positive and negative impact of
Economic factors
Positive
UK is still regarded as a fashion hub which will
boost its operations.
Primark has not raised its overall pricing structure
which has helped it to attain an edge over
competitors.
Negative
inflation due to fall of pound on account of Britain’s
exit from EU has decreased demand for clothing.
presence of decreased wage growth has made the
consumers reduce their buying capacity

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