Business and Finance
Source: (remove) : Euronews
RSS • JSON • XML • CSV
Business and Finance
Source: (remove) : Euronews
RSS • JSON • XML • CSV
Mon, March 31, 2025
[ Last Monday ] - Euronews
Primark boss steps down over inappropriate behaviour allegation
[ Last Monday ] - Euronews
From Finland to the UK, European countries are slashing aid. What does it mean for climate funds?
[ Last Monday ] - Euronews
Week ahead: Global sentiment sours as Trump's auto and reciprocal tariffs loom
Sat, March 29, 2025
[ Sat, Mar 29th ] - Euronews
Coca-Cola and Unilever among dozens of plastic br .. nds tied to Texas fracking, investigation reveals
[ Sat, Mar 29th ] - Euronews
Tariffs and defence spending: S&P Global slashes eurozone and UK growth forecast
Thu, March 27, 2025
[ Thu, Mar 27th ] - Euronews
Trump to proceed with 25% import levies on autos and lower reciprocal tariffs
[ Thu, Mar 27th ] - Euronews
EU rebuffs Russia's demand for sanctions relief and asks for 'unconditional withdrawal' of troops
Wed, March 26, 2025
[ Wed, Mar 26th ] - Euronews
UK Spring Statement: Further budget cuts and halved economic growth
Sat, March 15, 2025
[ Sat, Mar 15th ] - Euronews
Why is the global rubber market likely to see shortages in 2025?
Thu, March 13, 2025
[ Thu, Mar 13th ] - Euronews
Generali, Deutsche Bank and Deliveroo: The company news moving the markets
Mon, March 10, 2025
[ Mon, Mar 10th ] - Euronews
Ex-central banker Mark Carney to become Canada's next prime minister
Sun, March 9, 2025
[ Sun, Mar 09th ] - Euronews
Where in Europe are women most willing to start their own business?
Wed, January 15, 2025
[ Wed, Jan 15th ] - Euronews
Kazakhstan's digital economy: Fintech growth, cashless payments, and cybercrime prevention

Primark boss steps down over inappropriate behaviour allegation


Published on 2025-03-31 06:01:09 - Euronews
  Print publication without navigation

  • The boss of low-cost retailer Primark has resigned with immediate effect following a complaint made by a woman about his behaviour towards her in a social setting. Paul Marchant's departure follows an investigation into the allegation, according to a statement released on Monday by Primark's parent company Associated British Foods.

The article from MSN discusses the resignation of Paul Marchant, the CEO of Primark, following a complaint about inappropriate behavior. Marchant, who has been with the company for 30 years and served as CEO since 2022, stepped down immediately after the complaint was made. The nature of the complaint was not detailed in the article, but it was serious enough to prompt his resignation. Primark's parent company, Associated British Foods (ABF), confirmed the resignation and stated that an investigation would be conducted. Marchant expressed his sadness about leaving but acknowledged the necessity of the decision. ABF has appointed an interim CEO while they search for a permanent replacement.

Read the Full Euronews Article at:
[ https://www.msn.com/en-gb/money/other/primark-boss-steps-down-over-inappropriate-behaviour-complaint/ar-AA1BZ6Od ]