Profit down at Associated British Foods ABF, which owns Dorset Cereals and Kingsmill as well as Primark, has posted a 50% dip in operating profit from £636m to £319m in the six months to the end of February. Revenue fell 17% to £6.3bn over the period. Read more.
Hammerson names CFO Property giant Hammerson has appointed Himanshu Raja into the role of chief financial officer, following the resignation of James Lenton in January. Read more.
Belgian heritage brand Delvaux seeks buyer Delvaux, the maker of luxury bags, is looking for a buyer. The brands owners, brothers Victor and William Fung, have reached out to potential buyers. According to reports, a sale could value the brand at between $500m and $600m. Read more.