Associated British Foods

Penneys Owner Closes 74 Stores In Italy, France, Spain, Austria On Virus Fears

Associated British Foods has been forced to close 74 Primark fashion stores in continental Europe due to government measures to combat coronavirus, while s...

Primark Owner Warns Coronavirus Threatens Clothing Supplies

Primark owner Associated British Foods warned on Monday there was a risk of shortages of some clothing lines later this year if delays in factory productio...

No Need To Be So Gloomy About UK Consumer, Says Primark Boss

British retailers are being too gloomy about the consumer outlook because the fundamentals of the UK economy are still sound, the finance chief of Primark...

AB Foods Earnings Up 2% On Strong Primark, Grocery Demand

Associated British Foods reported a 2% rise in annual earnings on Tuesday, with growth at its Primark fashion chain and grocery businesses more than offset...

Eyes On U.S. Prize, Primark Considers Central American Suppliers

Confident it can crack the $300 billion U.S. clothing and shoes market where many other foreign retailers have failed, Britain's Primark is ready to raise...

Low Prices To Eat Into EU Sugar Beet Area As Planting Starts

Farmers in western Europe have begun sugar beet planting, with first indications pointing to a drop in area for the next harvest after a price slump fueled...

AB Foods Says 'Unbelievable' That Hard Brexit Is On The Table

It is 'unbelievable' that the British government is contemplating leaving the European Union next month without a deal to smooth its exit, the finance chie...

Primark Owner AB Foods Forecasts Flat First-Half Earnings

Associated British Foods said on Monday it would deliver first-half revenue growth in all of its businesses, other than sugar, helping it to deliver earnin...

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AB Foods Maintains Full Year Guidance On Strong Primark

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