Green light for new €118m Penneys distribution centre Kildare County Council has given the green light for a new €118 million Primark distribution centre for Newbridge that is to deliver 482 full time ... Business • 20 hrs
ASOS aims to be carbon neutral by 2025 Online fashion retailer ASOS said it aims to cut its environmental impact, use more sustainable materials and appoint more diverse corporate leaders, joining a growing ... Business • 16 Sep
Penneys owner to reduce fashion waste and cut emissions Primark has today unveiled its new sustainability strategy, which is designed to reduce fashion waste, halve carbon emissions across its value chain and improve the ... Business • 15 Sep
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 ... Business • 13 Sep
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
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
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 ... Business • 20 Apr
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
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 ... Business • 25 Feb
Penneys-owner warns of £1.5 billion sales hit Primark-owner Associated British Foods warned that the loss of sales from store closures could rise to over £1.5 billion if current lockdowns last until the ... Business • 14 Jan
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 ... Business • 31 Dec 20
Paddy Power most talked about brand on Twitter here Paddy Power was the most talked about Irish brand on Twitter, according to new data from Sprout Social, the Chicago-based social media analytics and management ... Business • 08 Dec 20
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, ... Business • 04 Dec 20
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 ... Business • 03 Nov 20
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 ... Business • 02 Nov 20
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 ... Business • 07 Sep 20
Primark opens its first store in Poland Primark, which trades as Penneys in Ireland, has opened its first shop in Poland in Warsaw's Galeria Mlociny shopping centre. Business • 20 Aug 20
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
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 ... Business • 21 Apr 20
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 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 ... Business • 23 Mar 20
AB Foods says 20% of Primark store space closed Associated British Foods said it has been forced to close 74 Primark fashion stores in continental Europe due to government measures to combat coronavirus, while ... Business • 16 Mar 20
Staff at Primark's Dublin HQ asked to work remotely Primark, which trades as Penneys here, has asked the majority of its employees in its Dublin headquarters and Reading office in the UK to work ... Business • 05 Mar 20
Primark owner warns coronavirus threatens supplies The owner of Primark, which trades as Penneys here, has warned of a risk of shortages of some clothing lines later this year if delays ... Business • 24 Feb 20
Penneys' parent keeps guidance after solid Christmas Associated British Foods has kept its full year earnings outlook, partly due to solid revenue growth at its Primark fashion chain in the key Christmas ... Business • 16 Jan 20
