Associated British Foods reported a 13 percent rise in full-year profit on Tuesday as its Primark discount fashion chain expanded apace and predicted the retailer would continue to outperform as it opens more stores.
Honeycomb dresses, insect-like visors and caramel corsets cinching their waists, designer Sarah Burton sent a procession of queen bees buzzing into Paris at the Alexander McQueen spring-summer show on Tuesday.
Primark-owner Associated British Foods gained as under-pressure British shoppers turned to its discount fashion stores and it benefited from high sugar prices prompting the group to forecast a substantial growth in ea...
China's state cotton firm has inked a marketing deal with Australia's largest cotton processor, Namoi Cotton Co-operative Ltd , which has suffered losses despite record production and prices of the fibre.
Primark owner Associated British Foods said the global recovery was underway, prompting it to predict a "very good" rise in annual earnings after beating forecasts with half-year profits up 20 percent.