AB Foods’ revenue slips on weak Primark sales in Europe

Primark sales rose 1% for the first quarter quarter ending Jan. 3, compared with a year earlier, dropping 2.7% on a constant-currency basis.
Diginomica

Primark cites doubling down on digital in Europe, but just can't shake off that bricks-and-mortar mindset

As noted previously, UK fast-fashion retailer Primark has been something of a phenomenon in the retail sector. With a business model built around stacking its stores high with low-cost items, the firm ...

Primark owner ABF blames Christmas sales slump on 'difficult clothing market'

Sales slowed at the budget clothing retailer over the key Christmas period as consumer confidence slipped in Europe.
The Business Journals

European retailer expands U.S. presence with new Memphis location

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Learn why this international ...

Shares plunge as Primark owner issues profits warning

Associated British Foods (ABF) declared that sales at the high-street retailer came in below expectations for the all-important Christmas season, as growth in the UK was offset by “weak” trading in ...