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Associated British Foods
April 2024
‘Washout winter’ spells price rises for UK shoppers with key crops down by a fifth
Kingsmill owner warns of price rises due to ‘very small’ expected harvests in UK
November 2023
UK food inflation may be gone by Easter, claims boss of major retailer
Upbeat comments by Associated British Foods CEO come as grocery price rises fall to single digits for first time in 18 months
September 2023
Primark predicts bigger profits after strong Barbie T-shirt sales and price rises
Cargo shorts and boho dresses also sell well as shoppers visit big city stores despite bad weather
June 2023
Primark owner upgrades profit outlook as shoppers seek holiday outfits
Associated British Foods says group sales rose by 16% with steeper prices helping to drive Primark’s growth
February 2023
Primark expects higher profits as people shop early for summer
Associated British Foods says six-month figures helped by stronger-than-expected clothing performance
January 2023
Primark enjoys bumper festive UK sales thanks to heels and baggy suits
Owner ABF says its grocery brands such as Twinings and Kingsmill also increased trading
November 2022
Primark owner expects £2bn inflation hit amid weak consumer backdrop
ABF warns of ‘challenging’ market but no further price rises planned for coming months at Primark
September 2022
Primark owner expects lower profits as energy bills rise by £100m
Associated British Foods warns of hit from soaring costs and drop in customer spending at fashion chain
June 2022
Primark to trial UK click and collect in move into online sales
Customers will be able to order from about 2,000 items online, including children’s clothes
April 2022
Primark owner warns of autumn price rises as costs increase
Associated British Foods says its brands, including Twinings and Ryvita, also feel the inflationary heat
February 2022
Primark sales pick up but owner says it is increasing food prices
ABF, which owns brands including Twinings and Ovaltine, says cost of energy and raw materials is rising
January 2022
Primark to cut 400 managers to offset rising costs
Move to simplify management structure comes despite significant bounce in sales
November 2021
Nils Pratley on finance
Why Primark’s American dream won’t be as ill-fated as Tesco’s
Nils Pratley
Primark plans more than 100 new stores worldwide in Covid rebound
July 2021
Rights and freedom
‘Wage theft’ in Primark, Nike and H&M supply chain – report
Primark sales soar above pre-Covid levels as restrictions ease
April 2021
Nils Pratley on finance
All credit to Primark for repaying furlough cash as sales resume with a whoosh
Nils Pratley
Owner Associated British Foods could have pointed to £3bn lost revenue since March 2020
Primark owner to hand back £72m in furlough funds after record sales
Associated British Foods says more than half the stores broke their own sales records after reopening
W Galen Weston, Canadian retail tycoon behind Selfridges, dies at 80
UK-born billionaire forged empire spanning luxury stores and food brands including Loblaws in Canada
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