The Penneys/Primark group has embraced its customers’ view of shopping as a recreational event. But for how much longer can it eschew their shift to online?

In its trading update this week, Associated British Foods (ABF) revealed that its Dublin-headquartered fast-fashion cash cow, Penneys/Primark, is(...)

The US industrials sector was 0.82% higher, helped by Caterpillar Inc’s 2.3% jump and Boeing’s 0.7% rise . File photograph: Brendan McDermid/Reuters

Shares rallied on Monday as US president Donald Trump appeared to defer increases in tariffs on Chinese imports and hint that he was very close to a t(...)

Associated British Foods, which owns the Primark clothing chain and trades as Penneys in Ireland,  said it expected a small reduction in adjusted operating profit for the 24 weeks to March 2nd. Photograph: iStock

Associated British Foods expects to deliver first-half revenue growth in all of its businesses, other than sugar, helping it to deliver earnings per s(...)

Primark’s total sales in the UK rose 1 per cent – exceeding internal expectations in a market which declined year on year. Photograph: iStock

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 F(...)

Apple’s first sales warning in over a decade sent European shares sliding, with the tech sector particularly badly bruised as chipmakers that supply the iPhone maker fell sharply. Photograph: Getty Images

A revenue warning from Apple rocked equity markets around the globe yesterday as concerns over a damaging China-US trade battle and its impact on worl(...)

 Vans black and white sneakers shoes. The American company claim Primark have been selling ‘knock-offs” of their product. Photograph:  Edward Berthelot/Getty Images)

Primark, the Dublin-headquartered international retailer, which trades in its home market as Penneys, says it will fight a lawsuit against it by a US (...)

The main corporate news came courtesy of French construction group Vinci, which agreed to acquire control of Gatwick Airport for £2.9 billion (€3.2 billion), seizing its chance to add a major London hub to its aviation portfolio

The Euro Stoxx 50 index sank 1.2 per cent on Thursday, entering a bear market, as European equities failed to sustain optimism from the Wednesday rall(...)

Technology shares in the US bore the brunt of selling, with Netflix and Apple both down more than 2.6 per cent. Photograph: Reuters

European markets had a better day on Friday as shares staged a small recovery and snapped three days of heavy losses. But it wasn’t enough to lift sto(...)

Primark accounts for about half of Associated British Foods’ revenue and profit. Photograph: Bob Collier/Bloomberg News

Shares in the company that owns the Dublin-based fashion retailer Penneys, which trades abroad as Primark, fell 4.6 per cent on Friday after it surpri(...)

Patrick Coveney, CEO, Greencore. The company’s results are due on  Tuesday.

Monday Indicators: Irish manufacturing PMI (Nov); Euro zone manufacturing PMI (Nov); UK manufacturing PMI (Nov); German manufacturing PMI (Nov); US (...)

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