Primark founder and chairman Arthur Ryan has died at eighty three after a brief illness.
Primark – which had to change its identify for European markets outside Ireland due to the fact JC Penney owned the copyright to the identify – has long gone on to have 370 stores throughout 12 countries, using 75,000 people.
Late Ryan was born in Dublin however went to London as a young man to work in tailoring. On his return to Ireland he persevered to work in retail earlier than he was once taken on by means of a man known as Garfield Weston, who tasked him with setting up a cut price clothing chain.
Late Ryan founded the first shop 50 years ago in Dublin, where it traded as Penneys, after being tasked by the Weston family to open a discount clothes retailer.
He was chief executive until 2009, stepping into the chairman’s seat until his death, overseeing much of the expansion, including opening the first British Primark store in 1973.
The boss also helped cement Primark’s name on the UK high street, buying 120 former Littlewoods branches in 2005.
He opened his first shop ‘Penneys’ in Dublin’s Mary Street in 1962. Twelve years later he exported the concept to Britain.
In his lifetime, Ryan was often described as a ‘workaholic’, completely committed to his work and never seeking fame or celebrity. Ryan was an intensely private man and was barely known among socialites, never granting press interviews and residing in one of Dublin’s most secure houses.