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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
Associated British Foods doesn’t pay a dividend; Telit still can’t escape Oozi Cats
Plea comes alongside news that clothing retailer’s owner plans to scrap dividend
Shares in consumer-facing groups plunge and Primark expects sales blow as fresh curbs loom
Unglamorous outlets trump flagship shops; ISS tries to bring airline bosses’ bonuses to ground
Primark shoppers splurge, ‘Nasdaq whale’, future of work
Discount fashion chain now has higher share of UK sales than before pandemic
Decision by discount retailer will put response of other large employers under scrutiny
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