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    Associated British Foods PLC

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    • Tuesday, 24 January, 2023
      Primark Stores Ltd
      Fashion chain Primark posts record Christmas sales

      Parent company ABF says stronger US dollar and price rises helped boost its profits

    • Monday, 14 November, 2022
      Primark’s site crashes after it launches click-and-collect service

      The 25-store trial marks the retailer’s potential foray into online shopping

    • Friday, 11 November, 2022
      Investments
      Investors’ Chronicle: Zoo Digital, Oxford Instruments, Associated British Foods

      Companies analysis from our sister publication

    • Tuesday, 8 November, 2022
      Primark struggles to restore sales growth in Europe

      Retail chain warns of ‘substantial and volatile’ cost inflation in year ahead

    • Thursday, 8 September, 2022
      Primark Stores Ltd
      Primark owner ABF warns on profits as strong dollar bites

      Weakness of sterling and euro against greenback raises costs for retail chain

    • Thursday, 21 July, 2022
      Marks & Spencer Group PLC
      Marks and Spencer finance chief to depart retailer and join Primark owner ABF

      Eoin Tonge had just recently been given added responsibility for strategy

    • Monday, 20 June, 2022
      Primark Stores Ltd
      Primark to test first move into online shopping

      Retailer will trial UK click-and-collect service as it reports quarterly sales growth 4% higher than pre-Covid

    • Saturday, 30 April, 2022
      Investments
      Investors’ Chronicle: PureTech Health, WHSmith, Associated British Foods

      Companies analysis from our sister publication

    • Tuesday, 26 April, 2022
      Primark to lift prices as inflation dents owner profits

      ABF seeks to mitigate impact of rising costs across its businesses

    • Friday, 10 December, 2021
      City Bulletin
      ABF says Primark trading ahead of forecasts Premium content

      Plus, Evergrande’s overseas bonds in default, says Fitch and SEC prepares Spac crackdown

    • Tuesday, 9 November, 2021
      LexRetail sector
      ABF: Primark rollout says less than ramped up dividends Premium content

      New capital allocation policy will return more cash to investors

    • Tuesday, 9 November, 2021
      Primark Stores Ltd
      Discount retailer Primark plans aggressive US expansion

      Group plans to increase stores in America to 60 from 13 over five years

    • Monday, 13 September, 2021
      City Bulletin
      Primark-owner AB Foods raises profit target Premium content

      Plus, António Horta-Osório’s Credit Suisse power grab and Mohamed El-Erian

    • Monday, 13 September, 2021
      Primark sales recover despite Delta variant and ‘pingdemic’ hit

      Fashion-chain owner Associated British Foods says profits to beat expectations as lower costs offset earlier sales decline

    • Thursday, 1 July, 2021
      UK retail results
      Primark and Gap show diverging fortunes on UK high street

      Fast-fashion chain bounces back with revenues above pre-pandemic levels while US rival retreats with closure of all UK stores

    • Tuesday, 20 April, 2021
      Lex
      ABF/Primark: fast fashion poised for quick recovery Premium content

      The UK group’s derided conglomerate model has displayed its risk-limiting value

    • Tuesday, 20 April, 2021
      Primark Stores Ltd
      Primark raises estimate of Covid-driven lost sales as profit plunges

      Discount fashion retailer to continue with new store openings and repay furlough cash

    • Thursday, 25 February, 2021
      Primark Stores Ltd
      Primark expects strong recovery once lockdowns are lifted

      Discount fashion chain to lose £1.1bn of sales in first half due to coronavirus-related store closures

    • Thursday, 14 January, 2021
      Pandemic wipes out £540m of Primark sales as Boohoo charges ahead

      Performances highlight gulf in UK retail as lockdowns hit store-based groups

    • Friday, 4 December, 2020
      Lockdowns wipe £430m off Primark sales

      Fashion chain reports strong trading in European stores since restrictions were lifted

    • Tuesday, 3 November, 2020
      LombardKate Burgess
      Prudent Primark owner is right to keep hold of cash

      Associated British Foods doesn’t pay a dividend; Telit still can’t escape Oozi Cats

    • Tuesday, 3 November, 2020
      Primark calls for extended trading hours after UK lockdown

      Plea comes alongside news that clothing retailer’s owner plans to scrap dividend

    • Monday, 2 November, 2020
      Coronavirus economic impact
      British business warns of ‘devastating’ lockdown hit

      Shares in consumer-facing groups plunge and Primark expects sales blow as fresh curbs loom

    • Monday, 7 September, 2020
      LombardCat Rutter Pooley
      Primark shows shopping is having a retail-park revival

      Unglamorous outlets trump flagship shops; ISS tries to bring airline bosses’ bonuses to ground

    • Monday, 7 September, 2020
      Primark Stores Ltd
      Primark full-year profits on course to top forecasts

      Discount fashion chain now has higher share of UK sales than before pandemic

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