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Primark

April 19, 2021

Walton, Adani and Ambani families vie for Indian e-consumers, James Packer’s Crown casino courted by second US private equity firm, ‘Visionary’ retail magnate W Galen Weston dies aged 80.

Walton, Adani and Ambani families vie for Indian e-consumers

The Walton family-controlled e-commerce platform Flipkart and Gautam Adani, principal of India’s second wealthiest family, are taking on the Ambani family’s Reliance Industries and Amazon by building a huge new fulfilment centre in Mumbai.

January 15, 2021

Chung family driving Hyundai make $2 billion on Apple tie-up reports, Bacardi raises the bar on post-Covid ‘mindful drinking’ trend, Associated British Foods stares at $1.4 billion sales loss but rules out Primark e-commerce.

Chung family driving Hyundai make $2 billion on Apple tie-up reports

The Chung family in control of Hyundai became almost $2 billion better off when South Korean media reported the automaker was in early talks of a partnership with Apple, Inc.

Share prices in Hyundai Motor Co soared by up to 25% in Seoul last week, which boosted the family fortunes of Euisun Chung (picture), 50, chairman, and his father, Mong-Koo, 82. Together they hold about 8% of stock in the group, but maintain influence through complex governance arrangements.

December 6, 2020

Second UK lockdown cost Weston family’s Primark $579 million in sales, Red Bull energises Yoovidhya family of inventor with $257 million payout, Lord Bamford gives JCB staff an extra holiday to mark 75th anniversary.

Second lockdown costs Weston family’s Primark $579 million in sales

The Weston family-controlled food and retail giant Associated British Foods estimates it lost £430 million ($579 million) in sales while its high street fashion retailer Primark was closed during the latest coronavirus lockdown.

May 9, 2017

High street shoppers worldwide may not have heard of the transatlantic Weston family but they certainly will have heard of the brands owned or controlled by the Irish/Canadian clan. CampdenFB takes a look at the people behind the names

April 26, 2016

Being home to one of the world’s most global cities is a mixed blessing for the UK, but family businesses play a significant role in keeping regional economies ticking

Being home to one of the world’s most global cities is a mixed blessing for the UK, but family businesses play a significant role in keeping regional economies ticking

April 22, 2016

Peroni and Grolsch sold to smooth AB Inbev and SABMiller deal; Primark profits hampered by strong dollar; and Volkswagen agrees to buy back 600,000 US vehicles

Peroni and Grolsch sold to smooth AB Inbev and SABMiller deal

Family-controlled brewer AB InBev, which has been shedding assets to win regulatory approval for a takeover of SABMiller, has agreed to a €2.55 billion ($2. 87 billion) deal to sell European lager brands Peroni and Grolsch.

Japanese brewer Asahi will buy the lager brands in the UK and Europe, as well as London’s Meantime brewery, which is being put up for sale to help ease regulatory concerns over its £71 billion ($102 billion) takeover of SABMiller.

July 11, 2013

Many North American clothing brands that refused to sign a union-backed safety agreement following April’s factory disaster in Bangladesh, have now formed their own alliance to improve worker safety in the country.

Many North American clothing brands that refused to sign a union-backed safety agreement following April’s factory disaster in Bangladesh, have now formed their own alliance to improve worker safety in the country.

May 14, 2013

A number of big family-controlled businesses have signed an agreement to improve fire and building safety in Bangladesh following the collapse of the Rana Plaza textile factory that killed more than 1000 workers. 

A number of big family-controlled businesses have signed an agreement to improve fire and building safety in Bangladesh following the collapse of the Rana Plaza textile factory that killed more than 1000 workers.

May 1, 2013

Primark, the British-based discount clothing chain, is offering compensation and emergency aid after a supplier’s factory in Bangladesh collapsed, claiming more than 400 lives.
 

Primark, the British-based discount clothing chain, is offering compensation and emergency aid after a supplier’s factory in Bangladesh collapsed, claiming more than 400 lives.

The Rana Plaza, on the outskirts of the capital Dhaka, collapsed last week. The building's owner, Mohammed Sohel Rana, has been arrested amid allegations of negligence and illegal construction.

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