Associated British Foods shares slide after Primark sales slump Retail Shares in Associated British Foods (ABF), the owner of Primark, tumbled in early trading on Thursday morning after the FTSE 100 giant warned of a “difficult trading environment” and downgraded the fashion retailer’s growth forecasts. ABF, which owns the chain alongside its wholesale food business, said like-for-like sales across continental Europe declined as much as [...]
Here are the biggest, best cultural moments of 2025 Life&Style The year that was 2025 will be remembered as the 365 days in which Taylor got hitched, Trump clashed with Musk and Celebrity Traitors captured the nation. Here are the nine defining cultural moments of 2025. Cultural moments of 2025: Britpop’s back, baby! Can anything top the capitalist monolith of the Oasis reunion this summer [...]
LRN Appoints Bob Lemmond as Chief Executive Office Accomplished information-services and governance executive to expand LRN’s global impact in ethics, compliance, and principled performance
What is mushroomcore and why is it taking over the high street? December 2, 2025 After counting five different items in a Brighton homeware shop emblazoned with mushrooms, the case was clear: the humble fungus has risen from the mascot of underground hippy culture to a grandma-friendly motif, hewn into everything from tea towels to tiles. It’s not just cutesy seaside emporiums: “Mushroomcore” is a sartorial expression. Bella Hadid, Fiorucci [...]
Boots, British Airways, and Marriott International Are Among the Honoured Winners of the 2025-2026 World Branding Awards in Osaka November 17, 2025 The 20th World Branding Awards celebrated the success and achievements of leading brands across National, Regional, and Global categories. In the 2025–2026 edition, over 1,092 brands from 66 countries were nominated as “Brand of the Year”. From this distinguished selection, fewer than 100 brands emerged as winners, representing the highest standards of excellence across the [...]
FTSE 100 Live: Wetherspoons boss’ Budget warning; M&S takes cyber hit November 5, 2025 Good morning from the City AM liveblog team. If you need a clear sign that there is an AI bubble, look no further. American tech stocks fell sharply on Tuesday after a hedge fund manager famed for predicting the Global Financial Crisis revealed he had taken out a billion-dollar bet against some of the world’s [...]
ABF considers spinning off Primark November 4, 2025 Consumer goods giant ABF is considering selling off fashion brand Primark as it undertakes a ‘comprehensive review’ of the business. ABF, which founded Primark – then known as Pennies – in Dublin in 1969, said that “no decision” has been taken yet. The strategic review will be carried out with the help of the advisory [...]
FTSE 100 Live: Reeves faces MPs grilling, blue-chip stocks fall November 4, 2025 Welcome back to City AM live blog, This morning, Rachel Reeves took to Downing Street to lay the grounds for the Autumn Budget. In a speech that raised eyebrows across the City, she attempted to offshore the blame for the country’s economic woes to the previous Conservative government. The Chancellor laid out the economic choices [...]
Temu: UK sales and profit double as Shein court battle looms September 17, 2025 Sales and profit at the UK arm of Chinese online marketplace Temu almost doubled during its latest financial year, it has been revealed. For 2024, the division achieved a revenue of $63.2m (£46.3m), up from the $32.1m it achieved in 2023. New accounts filed with Companies House also show its pre-tax profit jumped from $2m [...]
Primark owner says larger stores to come under pressure from rates changes September 15, 2025 The boss of Primark’s parent firm has warned the Government that proposed business rates changes are “mistaken” and heap pressure on big stores on UK high streets. George Weston, the billionaire boss of Associated British Foods (ABF), told the PA new agency that the Labour Government “should not increase taxes on businesses any more” in [...]