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Associated British Foods

Store growth continues to drive Primark sales

16 January 2020 | Beth Wright

Value fashion giant Primark has again credited the continued expansion of its store portfolio both at home and abroad for a rise in first-quarter sales but cited a "marginal" decline in UK like-for-like sales during the period.... read more

Low-price focus drives profitable 50th year for Primark

5 November 2019 | Beth Wright

Value fashion giant Primark has marked its 50th year of trading with better buying and favourable exchange rates helping to deliver an 8% increase in profit.... read more

Primark mulls Central America suppliers in US foray

24 September 2019 | Hannah Abdulla

Value fashion retailer Primark has confirmed plans it is planning to grow its presence in the US and that it will look at closer locations to source from for the US market.... read more

Store growth helps drive Primark FY sales rise

9 September 2019 | Beth Wright

Full-year sales at Primark are expected to rise 4%, helped by increased selling space, but the value fashion retailer has also warned it expects a reduced margin next year.... read more

Store growth boosts Primark sales

4 July 2019 | Beth Wright

The expansion of its store portfolio both at home and abroad has helped UK value clothing retailer Primark to higher sales in the first ten months of the year.... read more

Investors press brands for more workforce transparency

3 July 2019 | Beth Wright

A coalition of more than 120 institutional investors with combined assets of more than US$14 trillion is renewing its demand for companies across the world to come forward with better data on their staff and supply chain workers, with the aim improving the quality of jobs globally. ... read more

Primark delivers 25% jump in interim profit

24 April 2019 | Beth Wright

Value fashion retailer Primark has booked a 25% jump in first-half operating profit thanks to the addition of new selling space and improved margins, which were driven not only by favourable exchange rates but also by better buying.... read more

Increased selling space boosts Primark H1 sales

25 February 2019 | Beth Wright

Value fashion retailer Primark has sounded an optimistic note for the first half of the financial year as a 0.3m sq ft increase in selling space is expected to drive revenue in the period.... read more

Primark Q1 sales jump as Christmas surpasses expectations

17 January 2019 | Beth Wright

Increased retail selling space and better than expected sales over the Christmas trading period helped drive a 4% sales rise at Primark in the first quarter, with the value fashion retailer significantly increasing its share of the total UK clothing market in the period.... read more

UK expected to drive Primark FY sales rise

10 September 2018 | Beth Wright

Primark's full-year sales are expected to rise 5.5% on last year, as a strong profit performance from the value fashion retailer helps parent company Associated British Foods Plc (ABF) maintain its full-year guidance. ... read more

Warm weather knocks Primark H1 sales

26 February 2018 | Beth Wright

Unseasonably warm weather last autumn is expected to have taken its toll on like-for-like sales at Primark in the first half of the financial year, but the value fashion retailer remains optimistic of a jump in profit growth for the second half.... read more

Why Primark is working to do "the right thing" – Interview

31 October 2017 | Michelle Russell

Unlike many other major apparel firms, value fashion chain Primark chooses not to openly set targets for its sustainability and ethical commitments, but instead "just get on and do it," as Katharine Stewart, Primark's director of ethical trade, tells just-style. Yet in recent years the retailer has started to open up about its work to engage more closely with its supply chain: in particular, turning its focus to ensuring all the cotton in its products is sourced sustainably.... read more

Primark FY sales tipped for double-digit rise

11 September 2017 | Beth Wright

Primark full-year sales are expected to rise 13% on last year, as the value fashion retailer has helped to boost parent company Associated British Foods Plc (ABF) full year outlook.... read more

Primark H1 trading boosted by expansion

19 April 2017 | Michelle Russell

Value clothing retailer Primark has increased earnings in its first-half thanks to higher sales, particularly in the UK, and a "substantial" increase in selling space.... read more

Primark Q1 sales climb on network expansion

12 January 2017 | Michelle Russell

Primark saw sales climb in its first-quarter thanks to increased selling space, but the value fashion giant warned of falling margins as a result of impending inflationary pressures.... read more

Primark says no plans to hike clothing prices

9 November 2016 | Michelle Russell

Value fashion giant Primark says it has no plans to increase prices next year as the industry considers the potential impact of inflation, the falling value of sterling, and a "hard Brexit" on business and the consumer.... read more

Currency and costs weigh on mixed H1 for Primark

19 April 2016 | Katie Smith

A drop in first-half profit at UK value fashion retailer Primark reflects its investment to expand into the US as well as an increasingly bearish environment for clothing retailers. ... read more

Primark performs well in H1 as sales grow

23 February 2015 | Michelle Russell

Primark was the key growth driver for Associated British Foods (ABF) in the first half, as sales at the value fashion giant grew and retail selling space increased.... read more

Primark latest to blame weather for sales

8 December 2014 | Michelle Russell

Value fashion retailer Primark has achieved like-for-like sales below the expectations of its parent company, as unusually warmer weather hurt revenues.... read more

Primark inks US lease deal with Sears Holdings

20 October 2014 | Katie Smith

UK value fashion retailer Primark has inked a deal with Sears Holdings which will see it lease space in seven stores in the US, a move that could be a sign of things to come.... read more

UK: Primark makes appointment to push US assault

22 May 2014 | Michelle Russell

UK value fashion retailer Primark has appointed Jose Luis Martinez de Larramendi to lead its expansion into the US market.... read more

UK: Analysts have high hopes for Primark's US launch

24 April 2014 | Katie Smith

The news that Primark will open its first store in the US next year has been well received by analysts, with one saying it will significantly increase the UK value fashion chain's long-term growth potential.... read more

UK: Primark hails "excellent" H1 performance

23 April 2014 | Katie Smith

UK value fashion retailer Primark has hailed what it described as an "excellent performance by any standard" during the first half, after booking a 26% hike in profit.... read more

UK: Primark set for "excellent" H1 performance

24 February 2014 | Katie Smith

Associated British Foods (ABF) saw its share price fall this morning (24 February) on lower sales in its sugar business, but hailed an "excellent" performance from its Primark value fashion chain in the first half.... read more

UK: Primark plots expansion after Q1 sales hike

16 January 2014 | Richard Woodard

Value clothing retailer Primark is planning to expand its store base further after recording sales up 14% in its first quarter.... read more

UK: Primark to expand selling space by one million sq ft

9 December 2013 | Michelle Russell

The owner of UK value apparel chain Primark has revealed plans to add over one million square feet of selling space in its new financial year.... read more

UPDATE: UK: European expansion remains key focus for Primark

5 November 2013 | Katie Smith

Expansion in Europe, particularly the western region, will continue to be a key priority for value fashion retailer Primark in the next few years, the company told just-style today (5 November).... read more

UK: Primark posts FY profit hike in "outstanding" year

5 November 2013 | Katie Smith

UK value apparel chain Primark has hailed a 44% hike in full-year profit, bolstered by ongoing store expansion, particularly in Europe, during what it described as an "outstanding" year.... read more

UK: Primark second half sales "ahead of expectations"

9 September 2013 | Petah Marian

Primark owner Associated British Foods (ABF) said second half profits are set to be ahead of expectations after the value fashion retailer delivered a strong finish to the year. ... read more

UK: Primark Q3 sales up 20% despite cold spring

11 July 2013 | Richard Woodard

Low-cost apparel retailer Primark posted a 20% sales rise in the third quarter, despite continued cold weather in March and April.... read more

UK: Asos records another quarter of strong growth

12 June 2013 | Petah Marian

Online clothing retailer Asos has recorded continued strong growth, driven by good momentum both in the UK and internationally. ... read more

UK: Primark success continues with H1 sales growth

23 April 2013 | Petah Marian

Primark owner Associated British Food (ABF) has said the value clothing retailer drove the group's better than expected performance during the first half of this year. ... read more

UK: Primark posts "outstanding" first half

25 February 2013 | Petah Marian

UK value retailer Primark has recorded an "outstanding" first half performance, according to its owner Associated British Foods (ABF). ... read more

FRANCE: Primark to open first trial stores

18 January 2013 | Katie Smith

UK discount fashion retailer Primark has today (18 January) confirmed plans to open its first stores in France.... read more

UK: “Outstanding” Primark sales surge 25%

17 January 2013 | Richard Woodard

Value fashion retailer Primark enjoyed an “outstanding” 16 weeks’ trading to 5 January, with sales up 25% and “very strong” like-for-like sales growth.... read more