Discount clothing retailer Primark, which trades here as Penneys, has warned that the coronavirus could affect its supply chain and product lines later this year, if delays to factory production in China are prolonged.
Mon, 24 Feb, 2020
Primark is set to embark on its largest store expansion round in 10 years as it strengthens its presence in mainland Europe and the US on the back of a strong first half to its current financial year. Parent group Associated British Foods yesterday reported better-than- expected interim figures, showing group revenues of just under £7.3bn (€8.7bn) and operating profits of £640m — up 20% and 36% — for the six months to the first week of March.
Thu, 20 Apr, 2017
Conglomerates were all the rage in the 1960s, but fell out of fashion along with the beehive hairdo. Primark is about to remind us why. The fast-growing clothing operation is part of Associated British Foods (ABF), whose other businesses include sugar processing, food ingredients and brands such as Twinings Tea, as well as agriculture.
Tue, 23 Feb, 2016
Dublin-headquartered discount retailer Primark, which trades here as Penneys, has reported a 22% year-on-year surge in annual revenue, to just under £4.3bn (€5.1bn), a performance described as “remarkable and outstanding” by its British parent.
Wed, 06 Nov, 2013