New Finance Director Appointed at Primark Owner Associated British Foods
In a recent announcement, Associated British Foods plc revealed that Eoin Tonge will be taking over as finance director...
Associated British Foods
ABF Reports 47% Revenue Growth in Q3, Primark Retail Sales Surge 207%
In a recent financial update, Associated British Foods, the parent company of popular clothing retailer Primark, reported a staggering...
Primark Faces £220m Sales Loss Due to Tier 4 Closures
Primark's parent company, Associated British Foods, has announced that due to more areas entering stricter Tier 4 restrictions, it...
Primark Parent Company Warns of £375m Sales Hit from Lockdown Impact
Primark's parent company warns a £375m sales hit as stores in Ireland, France, Belgium, Wales, and Spain close due...
Primark Outperforms Expectations Post-Lockdown with Strong Trading Results
Primark, owned by Associated British Foods (ABF), has seen strong trading since reopening its stores amidst the pandemic, with...
Primark Executives Take 50% Pay Cut Amid Coronavirus Crisis
In response to the ongoing coronavirus crisis, Primark's top executives have decided to cut their pay by 50% temporarily....
Primark’s Parent Company Faces Shareholder Backlash Over CEO Bonus Scheme
Primark's CEO George Weston may face a shareholder revolt over a new bonus scheme that could award him up...
Primark Owner Reports Challenging Trading Conditions and Expansion Plans
In a challenging retail market, Primark's owner Associated British Foods warns of difficult trading conditions in November. Chairman Michael...
Primark’s Mixed Financial Results: Sales Decline but Revenue Grows
Primark's like-for-like sales dropped by 2.1% in its financial results ending September 2018, but revenue still increased by 6%...