CFOs Take Center Stage at Global Fashion Summit
Associated British Foods
Shares in Primark Parent ABF Begin Slow Recovery After Shock Profit Warning
Thursday's profit warning comes at a tricky time for ABF, which is looking to split its food and fashion…
Primark Could Stand Alone as Owner ABF Considers ‘Separation’ of Retail, Food Businesses
Associated British Foods is contemplating a company restructure, which would involve uncoupling the food and…
Primark Sees Strength With Click + Collect
Primark's 6% first-half revenue gain has it expanding both 'Click + Collect' service and store openings with…
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Fashion Sales Strong at Primark, Marks & Spencer
Limited price increases helped Primark while better merchandising boosted M&S sales, with both retailers…
Higher Prices Provide Q3 Sales Boost at Primark
Primark parent Associated British Foods raised adjusted operating profit expectations following Q3 sales…
Primark: Cautious on 2023 Despite ‘Strong Christmas Period’
Despite strong holiday sales, Primark parent Associated British Foods said that headwinds remain and could…
Primark Prices Staying Put for Now
The cheap and chic chain's owner told investors to brace for a $2 billion hit from an inflation and spending…
UK Retail: Primark Warns on Profit; Fraser Eyes Tailor to Royal Court
Primark's profit margins might take a hit next year, while British Prime Minister Liz Truss' energy freeze…
Primark Sales Up 59% Ahead of Raising Prices
Despite the healthy sales performance, Primark still plans to raise prices for autumn/winter goods to manage…
Primark Scores With ‘Snuddies’
Pandemic store closures drove parent ABF's loss to $2.71 billion and contributed to a 12 percent drop in comp…
Primark Q3 Sales Up 3%
Q4 sales saw strength in leisure wear, while back-to-school offerings "started strongly," the fast-fashion…
Primark Sees Strong Reopening Traffic But Europe Headwinds Loom
Primark could see a loss in sales of $976.8 million for the second half as Eurozone stores have delayed…
Primark Owner Reports 12% Revenue Drop
Primark returned to profitability once stores reopened, but stores are closing again as Europe faces another…
Primark Softens Stance on Supplier Payments, Commits to New Orders
The Dublin-based retailer is stumping up an additional 370 million pounds in payments to suppliers.
Primark’s COVID-19 Closures in Europe to Damage Second-Half Sales
Parent ABF said Monday that stores accounting for 20 percent of selling space are now shut, due to local…