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Latest News & Analysis
Retail

Primark’s Fast-Fashion Crown Slips With Shoppers Lured to Shein

The retailer is battling against competitors offering even lower prices online while also contending with economic conditions hurting retailers across the UK and Europe.

Retail

Primark’s Fast-Fashion Crown Slips With Shoppers Lured to Shein

The retailer is battling against competitors offering even lower prices online while also contending with economic conditions hurting retailers across the UK and Europe.


Retail

Primark Owner AB Foods Forecasts Flat First-Half Earnings

The group said it expected a small reduction in adjusted operating profit offset by lower net financial expenses.

Retail

Primark Owner AB Foods Forecasts Flat First-Half Earnings

The group said it expected a small reduction in adjusted operating profit offset by lower net financial expenses.


Retail

Primark Owner AB Foods Holds Guidance After Revenue Rise

The group said Primark, which accounts for about half of the group's revenue and profit, increased its total sales by 4 percent at constant currency, though like-for-like sales saw 'a modest decline.'

Retail

Primark Owner AB Foods Holds Guidance After Revenue Rise

The group said Primark, which accounts for about half of the group's revenue and profit, increased its total sales by 4 percent at constant currency, though like-for-like sales saw 'a modest decline.'


Financial Markets

Primark Owner Faces 'Challenging' Trading in November

AB Foods, parent company of Primark, blamed a fall in shopper numbers and unseasonably warm weather for negative underlying sales in November.

Financial Markets

Primark Owner Faces 'Challenging' Trading in November

AB Foods, parent company of Primark, blamed a fall in shopper numbers and unseasonably warm weather for negative underlying sales in November.


Financial Markets

AB Foods Sees Relief from Currency Pressures as Profit Rises

Associated British Foods, owner of the Primark clothing chain, beat forecasts with a 3 percent rise in first-half profits and said currency pressures that had held back its performance were starting to ease.

Financial Markets

AB Foods Sees Relief from Currency Pressures as Profit Rises

Associated British Foods, owner of the Primark clothing chain, beat forecasts with a 3 percent rise in first-half profits and said currency pressures that had held back its performance were starting to ease.


News & Analysis

AB Foods Plans to Expand Primark to US

LONDON, United Kingdom — Associated British Foods Plc said its Primark budget fashion chain will open its first stores in the U.S., driving growth at

News & Analysis

AB Foods Plans to Expand Primark to US

LONDON, United Kingdom — Associated British Foods Plc said its Primark budget fashion chain will open its first stores in the U.S., driving growth at