All Associated British Foods articles
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NewsPrimark to ‘significantly’ raise prices in the US
Primark boss George Weston has revealed the fashion chain is “significantly” raising its prices in the US this week in response to President Donald Trump’s tariffs.
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NewsPrimark sees improved UK trading despite ‘consumer caution and inflation’
Primark saw improved UK trading in the second half of the year, despite consumer caution, inflation and a weak clothing market.
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NewsEx-ABF finance chief picked as chair of UK deposit return scheme operator
John Bason, finance director of Primark parent company Associated British Foods for over 20 years, was announced as the chair of the UK Deposit Management Organisation (UK DMO) yesterday
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InterviewQ&A: ABF boss George Weston on consumer caution, tariffs and search for new Primark CEO
After Primark posted a trading update for the 24 weeks to March 1 earlier today, Retail Week spoke to parent company ABF’s boss George Weston about consumer caution in the UK, the uncertainty in the US as a result of Trump’s tariff turmoil, opportunity in a review of the UK’s ‘de minimis’ loophole and what he’s looking for in a replacement for ex Primark chief executive Paul Marchant.
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NewsPrimark boss resigns following investigation into behaviour
Primark’s chief executive has resigned from his role with immediate effect following an investigation carried out by owner Associated British Foods (ABF).
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NewsPrimark’s UK sales have been hit as ‘cautious’ shoppers held back in lead up to Christmas
Fashion giant Primark has reported slumping sales in the UK and Ireland as “cautious shoppers” held back on seasonal spending in the lead up to Christmas.
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NewsExclusive: Primark names new executives on strategic advisory board
Martin Brok, Sona Chawla and Christophe Roussel have joined Primark’s strategic advisory board, chaired by outgoing finance director John Bason and led by chief executive Paul Marchant, Retail Week can reveal.
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NewsPrimark unveils 9% retail staff pay rise
Fashion giant Primark has announced a pay rise of more than 9% to around 27,000 of its employees, effective from April 1.
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NewsPrimark posts rise in sales over Christmas
Primark has posted a rise in sales across its UK, European and US markets despite a “slow start” to Christmas trading due to unseasonally warm weather.
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NewsPrimark to open new stores in Italy
Primark has announced it will invest more than €50m (£43.3m) into its Italian business and open five new stores as part of its international expansion push.
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NewsPrimark ‘doing Christmas better than ever before’, says ABF boss George Weston
Chief executive of Primark’s parent company ABF George Weston has said Christmas is going “better than ever before” as shoppers have started to spend early.
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NewsPrimark profits soar driven by sales increase in all markets
Value fashion retailer Primark posted a rise in profits as sales increased in all markets across the UK, Europe and the US in the full year ending September, 2023.
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NewsPrimark expects growth in sales despite unseasonable weather
Value fashion giant Primark said it expects growth in sales and profit despite the “unusually variable and unseasonable weather” in the fourth quarter ahead of its full-year results.
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NewsPrimark to include womenswear in click-and-collect trial
Primark has announced the expansion of its click-and-collect trial to include womenswear for the first time, in addition to its current childrenswear offering.
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NewsPrimark owner ABF upgrades profit outlook as sales rise
Value fashion giant Primark has reported an increase in sales in its third quarter and parent company ABF upgraded its profit forecast for the full year.
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NewsPrimark’s Bason: The store experience ‘should not be underestimated’
Finance director of Primark’s parent company ABF John Bason has said the experience of bricks-and-mortar stores should “not be underestimated” as consumers continue to flock back to the high street.
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NewsPrimark sales surge as footfall climbs and margin is ‘better than expected’
Value fashion giant Primark has reported a surge in sales that it credits to “very good footfall and margin better than expected”, parent company ABF has reported.
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InterviewQ&A: John Bason on brand collaborations, cost of living and Primark’s digital future
Following Primark’s latest report of trading “well ahead of expectations”, Retail Week spoke to ABF’s finance director John Bason about the latest footfall patterns, the importance of in-store experiences and the future of digital at the retailer
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NewsPrimark trades ‘well ahead of expectations’ as footfall climbs
Value fashion giant Primark “traded very well” in the first half, parent company ABF has reported.
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NewsPrimark boss: Time to change the narrative about online sales growth
The finance chief of Primark parent company ABF believes it is time to rethink accepted wisdom about online retail’s growth trajectory.