British company "Associated British Food" is considering separating its budget clothing chain "Primark" from its food sector, which includes brands such as tea "Twinings" and "Jordans", as part of a comprehensive group restructuring. If the division is completed, the company's operations will be limited to sugar, agriculture, and food ingredients units only. This potential move comes amid a slowdown in "Primark" sales, which constitute the majority of the group's operating profits. After years of promoting the advantages of its structure as a diversified conglomerate, the company has faced a number of problems on multiple fronts, including the dismissal of its CEO. The company's shares have risen by 12% this year. The company was founded in 1935.
