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Medium-term growth prospects justify bullish view of the shares
Associated British Foods cautions on consumer outlook for second half of year
Parent company ABF says stronger US dollar and price rises helped boost its profits
Discount clothing retailer says ecommerce would damage profitability as it remains committed to stores
The 25-store trial marks the retailer’s potential foray into online shopping
Fashion chain must contend with frugal shoppers, cultural differences and tough labour laws
Retail chain warns of ‘substantial and volatile’ cost inflation in year ahead
Weakness of sterling and euro against greenback raises costs for retail chain
Retailer will trial UK click-and-collect service as it reports quarterly sales growth 4% higher than pre-Covid
ABF seeks to mitigate impact of rising costs across its businesses
Plus, why Lloyd’s cannot be sentimental about its iconic City building
Owner Associated British Foods remains cautious over tightening Covid restrictions
Plus, Evergrande’s overseas bonds in default, says Fitch and SEC prepares Spac crackdown
New capital allocation policy will return more cash to investors
Group plans to increase stores in America to 60 from 13 over five years
Retailer says its pledges signal the ‘pace and scale of change’ in fashion
Plus, António Horta-Osório’s Credit Suisse power grab and Mohamed El-Erian
Fashion-chain owner Associated British Foods says profits to beat expectations as lower costs offset earlier sales decline
Fast-fashion chain bounces back with revenues above pre-pandemic levels while US rival retreats with closure of all UK stores
Europe’s C&A says it is unwilling to make new purchases from garment suppliers at this stage
Discount fashion retailer to continue with new store openings and repay furlough cash
Discount fashion chain to lose £1.1bn of sales in first half due to coronavirus-related store closures
Performances highlight gulf in UK retail as lockdowns hit store-based groups
For three decades, much of retail has been led by numbers people who squashed creatives
Fashion chain reports strong trading in European stores since restrictions were lifted
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