The May 8 grand opening of Primark — the Irish-born multinational retailer known for selling trendy clothing, home goods and ...

The COVID-19 pandemic sent shock waves through the world economy and triggered the largest global economic crisis in more than a century. The crisis led to a dramatic increase in inequality within and ...

Warning: This graphic requires JavaScript. Please enable JavaScript for the best experience. President-elect Joe Biden took another step toward inauguration Monday ...

After making its long‑awaited UAE debut at Dubai Mall and then speeding into City Centre Mirdif, the cult‑favourite budget retailer is now putting down roots at one of Dubai’s most popular shopping ...

It hardly inspires confidence when a company's share price falls sharply as it announces a demerger aimed at maximising shareholder value. This was the reaction faced by Associated British Foods (ABF) ...

Associated British Foods will spin off Primark from its food businesses, betting that the fashion retailer will be better positioned to grow as a standalone company with its own board and investors.

Shareholders weren’t thrilled with the news, however, sending the share price down nearly 3 percent to close at 18.32 pounds on Tuesday. Wittington Investments, which is owned by the Weston family and ...

Primark owner Associated British Foods will proceed with the spinoff of the budget clothing retailer from its food operations, and list the two businesses in London.

Associated British Foods is to demerge Penneys and Primark from its food business, breaking up its conglomerate structure after 65 years and paving the way for the fashion chain to list on the FTSE ...

ABF, which owns Kingsmill, Twinings and Patak’s, to demerge fashion chain to maximise shareholder returns Business live – latest updates Primark is to break free from its sister food company, which ...

Primark, the Irish-born budget retailer with a cult following, has finally set its sights on Manhattan, opening its first-ever flagship in the borough next month. The store is set to debut on May 8 at ...