ABF Foods Shares Plummet Amid Coronavirus Impact on Primark Sales
Primark's parent company, Associated British Foods, faces a potential £190 million loss in sales due to the closure of...
Primark
AB Foods Warns of Coronavirus Impact on Primark Supply Chain and Sales
In a pre-close trading update, AB Foods warns of potential supply disruptions for Primark due to the coronavirus outbreak...
Primark Sales Surge in Q1 Results for Associated British Food
In a recent report, Associated British Foods (ABF) revealed a 4% rise in group revenue for the 16 weeks...
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 Reports Record Profits and Expansion Plans for 2019
Primark, a popular fashion retailer, has seen an 8% increase in operating profits to £913 million and a 4.2%...
H&M Seeks Rent Reductions from Landlords Amid Increasing Returns
H&M is in talks with landlords over rent reductions, seeking "total occupational deals" linking rent to sales and deducting...
Primark Reports Declining Sales but Gains Market Share
Primark, owned by Associated British Foods (AB Foods), anticipates a 2% drop in like-for-like sales until September 14th. However,...
Primark Seeks Rent Reduction Amidst Competitor Success
Primark seeks a 30% rent reduction for its stores with multiple years left on leases, offering refurbishments in return....
Primark Founder Arthur Ryan Passes Away at 83
In a shocking turn of events, founder and chairman of budget fashion chain retailer Primark, Arthur Ryan, has passed...
Primark Sales Impacted by Unseasonable Weather but Revenue Up 2% YoY
Despite a decline in like-for-like sales, budget retailer Primark's parent company, AB Foods, reports a 4% increase in year-to-date...