All articles by Dominic Bernard – Page 9
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NewsHain Celestial to ‘rapidly reset’ costs as turnaround plan falls apart
Hain Celestial has written half a billion dollars off the value of its assets, as its Hain Reimagined turnaround plan falters
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NewsTesco-backed ‘healthier’ cookie brand Jnck Bakery shuttered
Low-HFSS cookie company Jnck Bakery has entered liquidation after being delisted by Tesco, its major backer
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NewsPoor pay and parental disappointment prevent young people joining food and drink industry
More than a third of people aged 16 to 25 said they believed the sector was poorly paid, and over a quarter admitted a career in the industry would disappoint their parents
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Analysis & FeaturesCan activist shareholder plan turn around PepsiCo?
Elliott Investment Management sees a ‘rare chance’ to fix issues with the snacks and drinks giant
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NewsMagnum unveils vision for growth outside of Unilever
The Magnum Ice Cream Company has unveiled its vision for growth after its official split from Unilever in November 2025
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NewsBen & Jerry’s co-founders intervene in Magnum investor day to demand divestment
The co-founders of Ben & Jerry’s have called on The Magnum Ice Cream Company to release the brand from its ownership, as a dispute over the “erosion” of Ben & Jerry’s progressive voice boils over
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NewsEvri-DHL merger wins unconditional approval
The Competition & Markets Authority has cleared a proposed merger between Evri and DHL, creating a combined group capable of delivering more than a billion parcels each year
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NewsItsu Grocery credits NPD for 20% leap in turnover
UK turnover leapt 20% to £57m at Itsu’s grocery wing in 2024
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NewsGhost Ship’s Adnams tacks against headwinds to slash losses
Ghost Ship brewer Adnams has overcome sales headwinds to slash its operating losses by two-thirds (62.1%) in the first half of 2025
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NewsWarm weather credited with July UK retail sales uptick
Retail sales volumes climbed 0.6% month on month in July 2025, as the UK’s fifth-warmest July on record helped power a boost in shoe and clothing purchases
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NewsRetail footfall takes August hit despite high street gains
Retail footfall declined by a further 0.4% year on year in August, in a repeat of last month’s disappointment to retailers
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NewsWhittard hits £50m as international sales soar
Premium hot drinks firm Whittard of Chelsea has hit £49.8m in revenue after international sales soared by more than a quarter in 2024
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NewsNew customers help Cawston Press quadruple profits
Sales growth of 7.8% to £21.9m came despite tough challenges for Cawston Press
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NewsCompetition watchdog kicks off official review of Greencore-Bakkavor deal
The Competition & Markets Authority has officially launched its investigation into the Greencore-Bakkavor merger
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NewsActivist investor unveils plan to turn around ‘deeply undervalued’ PepsiCo
Hedge fund Elliott Investment Management, which has built a $4bn stake, surprised PepsiCo management with a letter setting out its aims
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NewsKraft Heinz to be broken up following lacklustre decade
Kraft Heinz is to be broken into two separate independent companies following a unanimous vote by its board
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NewsMüller triples operating profit as it returns to the black
Müller nearly tripled its operating profit in 2024, powered by volume growth in both its branded and ingredients businesses
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NewsPerwyn sells stake in halal leader Isla Délice
Branded halal meat firm Isla Délice will change hands later this year, following a successful exit by private equity owner Perwyn
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NewsKraft Heinz split nears fruition
A hotly anticipated break-up of Kraft Heinz is rumoured to be just days away, with the split potentially unlocking billions of dollars in value for shareholders
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NewsRoberts Bakery to close Derbyshire factory amid restructure
The Derbyshire site is responsible for manufacturing artisan and specialised bread and morning goods