Associated British Foods Plc reported lower sales at its Primark budget fashion chain and a profit-hit at its sugar unit due to the war in Iran, as the conglomerate prepares to separate its clothing and food divisions.
Associated British Foods Plc reported lower sales at its Primark budget fashion chain and a profit-hit at its sugar unit due to the war in Iran, as the conglomerate prepares to separate its clothing and food divisions.
Associated British Foods Plc will separate budget fashion chain Primark and break up one of the UK’s biggest conglomerates after more than three decades.
Associated British Foods Plc will separate budget fashion chain Primark and break up one of the UK’s biggest conglomerates after more than three decades.
A Primark clothing store in Kingston-upon-Thames, UK. Photographer: Jason Alden/Bloomberg
Stock-market pessimism toward Associated British Foods Plc has hit a decade-high as concerns stack up over the UK conglomerate’s Primark fashion chain.
Stock-market pessimism toward Associated British Foods Plc has hit a decade-high as concerns stack up over the UK conglomerate’s Primark fashion chain.
A shopper with a bag from a Primark fashion store in London.
Anmelden
