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Tonge is leaving more than two years after joining the British retailer

Britain's M&S finance chief to resign

Marks and Spencer has said its finance and strategy chief Eoin Tonge will be leaving the company to take up a new role at Primark-owner Associated British Foods.

Business • 21 Jul 22

The Click & Collect trial will take place in up to 25 stores in the northwest of England, starting towards the end of the year

Primark to trial click & collect service in UK

The owner of Primark has said it will will trial a click & collect service on children's products in some UK stores.

Business • 20 Jun 22

Primark said its commitment would take the total number of cotton farmers in the programme to over 275,000 by the end of next year

Primark expands sustainable cotton programme

Primark, one of Europe's biggest fast fashion chains, has pledged to train an additional 125,000 smallholder cotton farmers in more sustainable farming methods in India, Pakistan and Bangladesh by the end of 2023.

Business • 06 May 22

Today's results reflect an improved performance from the Primark clothing business as Covid-19 restrictions eased

Primark to raise prices due to inflationary pressures

Budget clothing chain Primark is set to raise prices due to severe inflationary pressures, its parent company Associated British Foods said today, as it also warned on margins at its food businesses.

Business • 26 Apr 22

Primark said it will launch a new website in the UK by the end of March, and across its 13 other markets by the autumn

Primark puts click-and-collect on its radar

Fashion chain Primark, which has shunned the extra cost of home delivery, could add click-and-collect services to its revamped website over time.

Business • 11 Mar 22

Primark sales for the 24 weeks to March 5 were expected to be well over 60% ahead of last year

AB Foods sees strong H1 on improved Primark performance

Associated British Foods has today forecast first-half sales and adjusted operating profit "strongly ahead" of the previous year and ahead of pre-Covid 19 levels, reflecting an improved performance from its Primark fashion business.

Business • 28 Feb 22

Primark said it was seeing a recovery in its Ireland and UK footfall

AB Foods says Primark sales up 36% over Christmas

Associated British Foods said that sales at its Primark fashion business over the 16 weeks to January 8 were up 36% compared to last year on a constant currency basis despite the rapid spread of the Omicron coronavirus variant hitting customer numbers in December.

Business • 20 Jan 22

Primark is seeing improved like-for-like sales compared to the previous quarter

AB Foods says Primark trading ahead of expectations

Associated British Foods said today that trading to date in its new financial year at its Primark fashion business had been ahead of expectations with improved like-for-like sales compared to the fourth quarter of its last year.

Business • 10 Dec 21

Primark's sales are set to increase by at least the estimated £2 billion lost to closures during the Covid crisis

AB Foods expects Primark to bounce back from Covid hit

Associated British Foods has forecast a significant increase in sales and profit at its Primark fashion chain in its new financial year after the 2020-21 performance was dented by store closures due to the pandemic.

Business • 09 Nov 21

Associated British Foods said sales at Primark were lower than expected in its fourth quarter

Primark's sales miss expectations due to Covid hit

Sales at fashion retailer Primark fell short of management expectations in its latest quarter, hit by public health restrictions in major markets to control the fast-spreading Delta coronavirus variant.

Business • 13 Sep 21

Primark, which trades as Penneys here, said like-for-like sales were 3% up on a two-year basis in the latest quarter

Primark ups full year outlook after sales top forecasts

Associated British Foods said today that third-quarter sales at its Primark fashion stores which reopened after Covid-19 lockdowns were ahead of expectations in all markets.

Business • 01 Jul 21

The new Primark store in Prague spans 49,800 square feet of retail space across three floors

Primark expansion continues with first store in Prague

Retailer Primark has opened its first ever shop in the Czech Republic as it continues to expand across Europe and the US.

Business • 17 Jun 21

Primark, which does not trade online, saw its adjusted operating profit slump 90% to £43m

AB Foods' H1 profit down 50% on Primark's Covid hit

Associated British Foods has today reported a halving in first half profit after Covid-19 lockdowns closed its Primark fashion stores but said it saw record sales when they reopened.

Business • 20 Apr 21

Galen Weston was responsible for building businesses across two continents

Death announced of businessman Galen Weston

The death has been announced of well-known businessman Galen Weston.

Business • 13 Apr 21

Primark, which trades as Penneys here, sources from 21 production sites in Myanmar

Primark pauses placing new orders in Myanmar

Primark has today become the latest clothing retailer to suspend new production orders in Myanmar in the wake of last month's military coup.

Business • 31 Mar 21

Primarkk said it had likely reopening dates for 233 stores in addition to the 77 stores already open

Primark warns of £1.1 billion lockdown hit to sales

Associated British Foods has warned today that it expected to lose sales worth £1.1 billion from the lockdown of its stores at fast-fashion chain Primark in the first half of its financial year.

Business • 25 Feb 21

From January 1, 253 Primark stores will be temporarily closed due to Covid-19 restrictions in Ireland and the UK

AB Foods ups sales loss from Covid closures to £650m

Primark-owner AB Foods said tougher lockdown measures in Britain and Ireland would result in an estimated sales loss of £650m this financial year, up from its previous estimate of £430m.

Business • 31 Dec 20

The estimated hit to sales at the Primark fashion chain from Covid-19 related store closures this autumn will be about £430m

Primark looks to recoup £430m of sales lost to lockdown

Associated British Foods said today the estimated hit to sales at its Primark fashion chain from Covid-19 related store closures this autumn is about £430m, up from a previous forecast of £375m.

Business • 04 Dec 20

Primark's profit plunged to £362m from £969m, reflecting the closure of its stores across Europe during a first wave of Covid lockdowns

Primark says won't venture online despite COVID hit

Associated British Foods has today reported a 40% fall in full-year earnings, with a Covid-19 related hit to profit at its Primark clothing business outweighing increases at its sugar, grocery, agriculture and ingredients divisions.

Business • 03 Nov 20

57% of Primark's total selling space could be closed from November 5

Primark-owner sees £375m loss of sales from lockdowns

Associated British Foods has estimated the temporary closure of its Primark clothing stores in European markets due to new Covid-19 restrictions will cost it £375m in lost sales.

Business • 02 Nov 20

Full-year profit at the Primark fashion chain is expected to be at least at the top end of its previously guided range

Primark firms up profit guidance on better trading

Associated British Foods today forecast full-year profit for its Primark fashion chain "at least at the top end" of previous guidance after post-coronavirus lockdown trading exceeded its expectations.

Business • 07 Sep 20

Penneys re-opened around the country last month after the Covid-19 closures

Profits at Primark to drop by two thirds, owner says

Associated British Foods said today that trading in its Primark fashion stores that have reopened after coronavirus lockdown has been "reassuring and encouraging".

Business • 02 Jul 20

All of the fashion retailer's 376 stores in 12 countries have been closed since March 22

Primark owner can't give guidance due to virus crisis

Primark owner Associated British Foods said today it would not pay an interim dividend and could not provide earnings guidance for the remainder of its 2019-20 year because of uncertainty caused by the coronavirus crisis.

Business • 21 Apr 20

All of Primark's 376 stores in 12 countries have been closed since March 22, representing a loss of £650m of net sales a month

Primark commits to paying for £370m of orders

Fashion retailer Primark has committed to pay suppliers for £370m of orders, even though all its stores are closed due to the coronavirus pandemic.

Business • 20 Apr 20

Primark will stop placing new orders with suppliers, its parent company said today as the coronavirus outbreak deepens

Primark closes all stores, stops orders with suppliers

Primark is closing all of its stores, a loss of roughly £650m worth of net sales a month, and will stop placing new orders with suppliers, its parent company said today as the coronavirus outbreak deepens.

Business • 23 Mar 20