Paul Marchant, a prominent figure in British retail, has stepped down as CEO of Primark following allegations of inappropriate behaviour towards a woman in a social setting.
The discount fashion retailer said CEO Paul Marchant resigned “with immediate effect”, after an investigation by Primark's parent company, Associated British Foods (ABF). Mr Marchant admitted to an "error of judgement" and apologised to the individual involved, the ABF board, and his colleagues.
