All articles by Alec Mattinson – Page 20
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NewsMedia Bites 2 October: Lidl, Morrisons, Hovis
Lidl’s UK arm has been hit by a surge in its borrowing costs, threatening its previously relentless rise
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NewsLittle Moons’ meteoric rise continues as it plans new UK factory
Mochi ice cream pioneer Little Moons is to open a new factory to meet booming global demand after more than doubling sales last year
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NewsCity news: AG Barr boosted by revenue growth and Boost acquisition
Acquisitions and organic revenue growth helped AG Barr boost its first-half revenues by a third, but profits were hit by a rise in lower-margin sales and soaring costs.
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NewsCity snapshot: East Imperial hit by production halt amid funding delay
Premium mixers supplier East Imperial saw second quarter revenues hit by funding delays to reduce overall first half revenues despite strong first quarter growth
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NewsMedia Bites 29 September: John Lewis/Waitrose, Wilko, Deliveroo
John Lewis plans to sell off a dozen Waitrose stores to raise up to £150m as the troubled department store seeks fresh funding for its turnaround
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NewsCity snapshot: Diageo remains on course despite cost pressures and economic uncertainties
Diageo said this morning it would ‘move with speed and agility and continue to invest in marketing and innovation’
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NewsCity snapshot: Chapel Down posts strong and profitable first half growth
England’s largest winemaker Chapel Down has posted first half growth of 21% amid strong domestic sales for English sparkling wine and increased exports
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NewsMedia Bites 29 September: AG Barr, Pret a Manger, Amazon
AG Barr’s half-year earnings have soared thanks to recent takeovers and a rise in soft drinks sales
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NewsCity snapshot: AG Barr revenues jump but profits hit by cost inflation
Acquisitions and organic revenue growth helped AG Barr grow first half revenues by a third, but profits were hit by lower margin business and soaring costs. Plus trading updates from PZ Cussons, Finsbury Food Group and Supreme
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NewsMedia Bites 25 September: THG, Wilko, retail sales
A £200m sale of a business park owned by THG boss Matthew Moulding has fallen through
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NewsCity News: Naked Wines shares plunge on £15m loss
Naked Wines shares plunged to new multi-year lows this week after it fell to a £15m loss and downgraded earnings expectations amid a “slower than expected” start to its trading year
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NewsSnowfox revenues surge as sale to Zensho completes
The acquisition of sushi specialist Snowfox Group by Japanese foodservice giant Zensho has been completed as new accounts show the strength of growth under its previous owner
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Analysis & FeaturesFmcg’s global giants see record growth in OC&C Global 50 report
The world’s largest consumer goods companies surged to their highest growth in a decade last year, driven by soaring prices and solid sales volumes
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NewsAnne de Kerckhove to take over as chair at Eagle Eye Solutions
De Kerckhove will join on 1 October as non-executive director and will take over as chair at the conclusion of the AGM in November, when Malcolm Wall will step down
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NewsCity snapshot: UK retail sales rebound in August despite lower fuel sales
UK retail sales rebounded in August as volumes recovered from a wet July, despite a drop in fuel sales as prices rose
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Analysis & FeaturesHow the Global 50 largest fmcg companies are turning defence into attack
The world’s fmcg giants have soaked up plenty of pressure, and are looking to go back on the attack. Can they prosper in the post-Covid environment?
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NewsCity snapshot: SSP Group annual revenues to reach £3bn on travel rebound
Travel retail specialist SSP Group has forecast its annual revenues will jump 37% to £3bn on the rebound in travel passenger numbers at home and abroad
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NewsMedia Bites 20 September: Ocado Retail, Naked Wines, Instacart
Ocado has reported better than expected sales and returned to positive volume growth
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NewsCity snapshot: September heatwave help UK supermarket grocery sales bounce back
UK grocery growth rebounded last month as the early September heatwave helped lift grocery sales at UK supermarkets back into double-digit growth. Plus trading updates from Ocado, McBride, C&C Group and Eagle Eye
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NewsMedia Bites 18 September: Wilko, Loyalty schemes, Served/Heineken
Wilko’s demise looks set to take the number of jobs lost in British High Street collapses to more than 100,000 since 2020