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LONDON, Jan 20 (Reuters) - British clothing retailer Primark will not raise prices for its spring/summer range despite inflationary cost pressures, the finance chief of its owner Associated British Foods said on Thursday."Primark prices for the co...
Read moreLONDON, Jan 20 (Reuters) - A plan to simplify British clothing retailer Primark's in-store retail management structure will result in the net loss of about 400 jobs, the finance chief of owner Associated British Foods said on Thursday."A number of...
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LONDON BRIEFING: AB Foods says Primark margins solid and sales rising
Read more* Primark's sales up 36% yr/yr in 16 weeks to Jan. 8* Sales down 5% on a two-year basis* Expects boost to sales from lifting of COVID restrictions* Pledges not to raise Primark prices* To cut 400 Primark in-store management jobs (Adds detail, financ...
Read more(Adds detail)LONDON, Jan 20 (Reuters) - Associated British Foods said on Thursday sales at its Primark fashion business over the 16 weeks to Jan. 8 were up 36% versus last year on a constant currency basis despite the rapid spread of the Omicron ...
Read moreLONDON MARKET PRE-OPEN: AB Foods reports strong margins at Primark
Read moreLONDON, Jan 20 (Reuters) - Associated British Foods said on Thursday sales at its Primark clothing business in the 16 weeks to Jan. 8 were 36% ahead of last year on a constant currency basis, while operating profit margin was ahead of its expecta...
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(Sharecast News) - Associated British Foods said fourth quarter sales at its Primark stores rose 36% despite a hit from the surge in Covid Omicron cases, but were now showing signs of recovery as it maintained full-year group guidance.
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Read moreUK earnings, trading statements calendar - next 7 days
Read more* Revival in demand for formal and occasionwear boosts sales* Full-price sales up 20% on two-year basis* Raises 2021-22 profit forecast to 822 mln stg* Forecasts profit of 860 mln stg for 2022-23 (Adds detail, shares)By James DaveyLONDON, Jan 6 (Reu...
Read more* Full-price sales up 20% on two-year basis* Raises 2021-22 profit forecast to 822 mln stg (Adds detail)LONDON, Jan 6 (Reuters) - British clothing retailer Next on Thursday beat guidance for sales in the run-up to Christmas, benefiting from a revi...
Read more(Adds detail)LONDON, Jan 6 (Reuters) - British clothing retailer Next on Thursday beat guidance for sales in the run-up to Christmas and raised its full-year profit outlook for a fifth time in ten months.Next, which trades from about 500 stores an...
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