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Associated British Foods

April 2024

  • a combine harvester works in a flooded field

    ‘Washout winter’ spells price rises for UK shoppers with key crops down by a fifth

  • A field of wheat being harvested with a combine harvester

    Kingsmill owner warns of price rises due to ‘very small’ expected harvests in UK

November 2023

  • A customer shops for groceries at a supermarket.

    UK food inflation may be gone by Easter, claims boss of major retailer

    Upbeat comments by Associated British Foods CEO come as grocery price rises fall to single digits for first time in 18 months

September 2023

  • A woman walks past a window display at a Primark store in Liverpool

    Primark predicts bigger profits after strong Barbie T-shirt sales and price rises

    Cargo shorts and boho dresses also sell well as shoppers visit big city stores despite bad weather

June 2023

  • A primark store with summer womenswear on sale

    Primark owner upgrades profit outlook as shoppers seek holiday outfits

    Associated British Foods says group sales rose by 16% with steeper prices helping to drive Primark’s growth

February 2023

  • High heel shoes on display in Primark store

    Primark expects higher profits as people shop early for summer

    Associated British Foods says six-month figures helped by stronger-than-expected clothing performance

January 2023

  • Primark suit

    Primark enjoys bumper festive UK sales thanks to heels and baggy suits

    Owner ABF says its grocery brands such as Twinings and Kingsmill also increased trading

November 2022

  • Primark store in Glasgow

    Primark owner expects £2bn inflation hit amid weak consumer backdrop

    ABF warns of ‘challenging’ market but no further price rises planned for coming months at Primark

September 2022

  • People hold Primark shopping bags

    Primark owner expects lower profits as energy bills rise by £100m

    Associated British Foods warns of hit from soaring costs and drop in customer spending at fashion chain

June 2022

  • A Primark staff member and customer at the till

    Primark to trial UK click and collect in move into online sales

    Customers will be able to order from about 2,000 items online, including children’s clothes

April 2022

  • A woman walks passes a Primark store

    Primark owner warns of autumn price rises as costs increase

    Associated British Foods says its brands, including Twinings and Ryvita, also feel the inflationary heat

February 2022

  • Primark store in Birmingham

    Primark sales pick up but owner says it is increasing food prices

    ABF, which owns brands including Twinings and Ovaltine, says cost of energy and raw materials is rising

January 2022

  • Primark enjoyed a surge in sales at Christmas.

    Primark to cut 400 managers to offset rising costs

    Move to simplify management structure comes despite significant bounce in sales

November 2021

  • Nils Pratley

    Nils Pratley on finance
    Why Primark’s American dream won’t be as ill-fated as Tesco’s

    Nils Pratley
  • Primark store in Brooklyn, New York

    Primark plans more than 100 new stores worldwide in Covid rebound

July 2021

  • Workers at a garment factory in Gazipur, Bangladesh

    Rights and freedom
    ‘Wage theft’ in Primark, Nike and H&M supply chain – report

  • Shoppers carry Primark bags

    Primark sales soar above pre-Covid levels as restrictions ease

April 2021

  • Nils Pratley

    Nils Pratley on finance
    All credit to Primark for repaying furlough cash as sales resume with a whoosh

    Nils Pratley
    Owner Associated British Foods could have pointed to £3bn lost revenue since March 2020
  • Shoppers queue outside Primark store in Stoke on Trent on 12 April

    Primark owner to hand back £72m in furlough funds after record sales

    Associated British Foods says more than half the stores broke their own sales records after reopening
  • W Galen Weston

    W Galen Weston, Canadian retail tycoon behind Selfridges, dies at 80

    UK-born billionaire forged empire spanning luxury stores and food brands including Loblaws in Canada
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