All Associated British Foods articles
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News
Exclusive: 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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Primark 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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Primark 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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Primark 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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Primark ‘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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Primark 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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Primark 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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News
Primark 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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Primark 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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Primark’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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Primark 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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Interview
Q&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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Primark 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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Primark 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.
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Primark sales spike as it readies click-and-collect Christmas launch
Primark parent Associated British Foods (ABF) said the fashion operator’s full-year UK sales would approach pre-Covid levels in a pre-close update
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Marks & Spencer finance boss Tonge quits to join Primark owner ABF
Marks & Spencer finance and strategy supremo Eoin Tonge is stepping down to join Associated British Foods (ABF), the parent company of fashion rival Primark.
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Primark places bet on bumper summer and sets date for revamped website
Primark has recorded an uptick in sales of summer holiday gear as consumers gear up for a restriction-free season.
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Primark sales rocket as lockdown fades into past
Sales at value fashion giant Primark surged 60% year on year in its first half – when stores remained open, in contrast to Covid closures the previous year.
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Primark posts festive sales gains but lags pre-pandemic levels
Primark has registered a spike in sales during the crucial Christmas trading period but lagged behind pre-pandemic levels.
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Primark plans more store openings as profits rise
Primark owner Associated British Foods is seeking to grow the retailer’s store estate as it delivered a profit in the midst of pandemic disruption.