Keywords: Business strategy
Associated British Foods has announced plans to separate its low-cost fashion subsidiary Primark from its core food business, in a move aimed at improving operational focus and maximizing long-term shareholder returns. According to a company statement, the board concluded that a spin-off would allow......
German specialty chemicals group Evonik has announced key leadership changes, appointing a new chief financial officer while extending the mandate of its current chief executive officer until 2030. The company confirmed that Michael Rauch will take over as CFO following a recent board decision. His......
British online fashion retailer ASOS has reported a significant rise in profitability, with adjusted core earnings increasing by nearly 50% in the first half of the year. The improvement comes as the company continues to implement a strategy centered on cost efficiency and operational restructuring. The......
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