Primark must convince investors that its best days aren’t over – The Irish Times
Most analysts agree the planned separation of Primark (known as Penneys in Ireland) from Associated British Foods (ABF)…
Primark profits fall as retailer cuts prices to win over cautious shoppers
PRIMARK HAS REPORTED a fall in annual profits as it cuts prices and tries to persuade cautious shoppers…
Penneys introduces price reductions as shoppers spend ‘more carefully’ – The Irish Times
Fashion retailer Penneys has introduced price reductions on hundreds of products across its clothing lines after research it…
Primark split marks end of AB Foods odd marriage – The Irish Times
AB Foods is finally unpicking one of the market’s unlikelier corporate combinations. The group is to separate Primark…
Primark and Penneys to be spun out from listed parent Associated British Foods – The Irish Times
Associated British Foods is to demerge Penneys and Primark from its food business, breaking up its conglomerate structure…
Primark and Penneys to be split from parent company and will list on London Stock Exchange
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Could a long-awaited spin-off finally pay off? – The Irish Times
Associated British Foods (ABF) says it may finally do what it has long resisted: spin off Penneys/Primark. The…
Penneys owner’s plan to split fashion from food fails to excite investing front row – The Irish Times
This week, investors channelled their best version of Vogue Magazine supremo Anna Wintour, as Associated British Foods (ABF)…