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Primarkaccounts for about half of Associated British Foods' revenue and profits

AB Foods expects reduced Primark margins in 2019-20

Associated British Foods has today warned that profit margins at its Primark fashion business will fall in its new financial year as a weaker pound pushes up import costs.

Business • 09 Sep 19

The Karen Millen and Coast brands will live on in digital form after the online fashion group, BooHoo, agreed to buy their web operations

Where will fashion retailers find success?

Have you ever bought a dress in Karen Millen or Coast for a wedding? The stores were a popular destination to buy a new gúna ahead of a special occasion, so it came as a surprise to lots of fans of the fashion brands when the Irish stores entered provisional liquidation last week.

Business • 12 Aug 19

Penneys founder Arthur Ryan died earlier this week at the age of 83 following a short illness

Penneys staff form guard of honour for founder Ryan

The funeral procession of Penneys founder Arthur Ryan has taken place, with the cortege passing by the clothing chain's first store in Dublin city centre.

Ireland • 13 Jul 19

Arthur Ryan founded the first Penneys on Mary Street in Dublin

Penneys founder Arthur Ryan dies aged 83

The founder of Irish clothing chain Penneys, Arthur Ryan, has died at the age of 83 after a short illness.

Business • 08 Jul 19

Primark, which trades as Penneys here, accounts for about half of AB Foods's group revenue and profit.

Primark sales dented by poor May weather - AB Foods

Cold and rainy weather hit sales at Primark in May but the fashion retailer's profit margins are still growing, its parent Associated British Foods said today.

Business • 04 Jul 19

Penneys opened its first store on Mary Street in Dublin in 1969 and still operates its international HQ above the shop

Penneys marking 50 years of business

Retailer Penneys is marking 50 years of business today.

Business • 01 Jul 19

The Primark store was engulfed in flames last August

Cause of Belfast Primark fire 'accidental'

The huge blaze that destroyed Belfast's landmark Primark store was started accidentally, investigators have confirmed.

Ulster • 20 Jun 19

Primark's profit increased 25% in the six months to March 2

Primark cushions AB Foods as sugar earnings dissolve

Associated British Foods has today reported flat first-half earnings, reflecting a near wiping out of profit from its sugar operation that was offset by growth in its other businesses.

Business • 24 Apr 19

Primark has 365 stores across 11 countries

Primark to move 220 positions from UK to Dublin

Primark, the owner of the Penneys chain, is to transfer 220 roles to Dublin from its UK office in Reading by September.

Business • 07 Mar 19

AB Foods said that Primark's first-half sales were expected to be up 4% for the full 2018-2019 fiscal year

'Unbelievable' hard Brexit is on table - AB Foods

It is "unbelievable" the British government is contemplating leaving the European Union next month without a deal to smooth its exit, the finance chief of Associated British Foods, said today.

Business • 25 Feb 19

A spokesperson for the company said an investigation has already been carried out at the factory where the socks are made

Inquiry under way as human bone found in Primark sock

Police in the UK are investigating the discovery of a human bone in a pair of socks bought from a Primark store.

UK • 25 Jan 19

Primark owner AB Foods has reported revenue growth in the Christmas quarter in all of its businesses apart from sugar

Primark owner AB Foods says no-deal Brexit 'reckless'

Leaving the European Union at the end of March without a deal would be "reckless" for Britain, the finance chief of Primark owner Associated British Foods said today.

Business • 17 Jan 19

Most retailers have expanded their traditional summer and new year sales to year-round promotions

No Christmas cheer for fashion firms

Clothing retailers have felt a pre-Christmas chill slicing through their margins as they try to lure shoppers to spend rather than hold off in anticipation of ever-bigger price cuts.

Business • 19 Dec 18

Primark store reopens after Belfast city centre fire

More than 1,000 shoppers queued for the opening of a new Primark store in Belfast this morning, three months after a major fire destroyed the original flagship store in the city.

Ulster • 08 Dec 18

Trading at tje Primark fashion chain was 'challenging' in November

AB Foods says Primark trading 'challenging' in November

Associated British Foods blamed a fall in shopper numbers and unseasonably warm weather for negative underlying sales at its Primark fashion chain in November, sending its shares lower.

Business • 07 Dec 18

Associated British Foods owns Primark, which trades as Pennys here

AB Foods to expand Primark in US and eastern Europe

Associated British Foods plans to open more of its Primark stores in the US and eastern Europe after strong growth at the fashion chain boosted full-year group profit.

Business • 06 Nov 18

The blaze which gutted Primark's Bank Buildings site has caused major disruption in the area

Primark to donate £500,000 to help city centre traders

Primark is to donate £500,000 to efforts to support Belfast traders hit by the devastating fire at its landmark city centre store.

Primark • 18 Sep 18

AB Foods said sales at Primark for the year were expected to be 5.5% ahead of the previous year at constant currency

Primark-owner warns of volatile pound as Brexit nears

Uncertainty over Brexit and its impact on the pound is making it hard to predict the future profitability of Primark, the owner of the discount fashion chain has warned.

Business • 10 Sep 18

The front section of the building was destroyed by the fire which broke out on 28 August

Primark to pay staff at Belfast store until end of year

Primark will continue to pay workers from its Belfast store until 31 December, after the site was devastated by fire last month.

Ulster • 07 Sep 18

The fire ripped through the historic Bank Buildings last week

Fire-hit store staff to be paid until end of next week

Primark bosses have confirmed that staff at its Belfast store will be paid until the end of next week following a fire that destroyed the famous building.

Ulster • 04 Sep 18

An area around the Bank Buildings in the city centre remains cordoned off

Cause of Primark fire in Belfast yet to be established

Belfast City Council has said it is intensifying its efforts to help the city centre recover from a major fire that devastated a landmark building.

News • 31 Aug 18

The historic building was gutted in the fire

Belfast building 'at risk of collapse' after major fire

A senior fire officer has warned that a five-storey Primark building in Belfast that was gutted in a blaze is at risk of collapsing.

Ulster • 29 Aug 18

The fire gutted the Bank Buildings which contained a Primark store

Fears historic Belfast building may collapse after fire

There are fears that a historic building in Belfast city centre may collapse after it was gutted by a major fire.

Belfast • 28 Aug 18

AB Foods eyes an increased profit from Primark driven by higher margins

Primark owner AB Foods maintains profit guidance

Associated British Foods warned that lower European Union prices would hit profit in its sugar business, sending shares in the owner of the Primark fashion chain sharply lower today.

Business • 05 Jul 18

Primark opened its first US store in downtown Boston in 2015 and currently trades from eight stores in the US

Trading at AB Foods' new US Primark stores encouraging

The first Primark discount clothes stores in the US are producing encouraging results, but owner Associated British Foods needs to learn more about the market before considering a major roll-out, it said today.

Business • 17 Apr 18