Arthur Ryan: retailer who turned a no-frills clothes chain into a fashion Mecca

Arthur Ryan, recently retired boss of Primark, went from a single store in Dublin to storm the British high street with his no-frills, no gimmicks ethos.

"They don't make them like Arthur Ryan anymore," was the chorus from retailers when the Primark boss retired after 40 years of piling it high and selling it cheap. From a single store in Dublin, he went on to storm the British high street with his no-frills, no gimmicks ethos. "I just like sliced ham and bread and butter," Ryan once said. "That's where I am. No risk."

Yet risk seems to haunt Ryan, says the Daily Express. He lives in one of Dublin's best-protected houses, never gives interviews, and is rarely seen in public without bodyguards. His great fear is kidnap a real enough threat for Irish retail magnates during the Troubles. In 1981, the IRA snatched department store boss Ben Dunne; two years later, they tried to kidnap Galen Weston, scion of the Canadian family behind Primark's owner, food and retail conglomerate Associated British Foods(ABF). Ryan still takes no chances. "His daily schedule is kept secret from all but his closest aides."

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up
MoneyWeek

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.