All articles by Ed Devlin – Page 33
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NewsBiomel secures multmillion-pound investment to fuel gut health growth
Plant-based gut health challenger Biomel has landed a £5.5m private equity investment to accelerate growth and drive innovation
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NewsCity snapshot: Britvic volumes ‘resilient’ in face of higher prices
Britvic has held on to customers despite higher prices, with the soft drinks firm blaming a wet and windy summer for a modest annual volume decline.
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NewsMedia Bites 21 November: M&S, Huel, Compass
The middle classes are partly to blame for the rise in shoplifting, according to the chairman of Marks & Spencer.
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NewsPerformance drinks startup Amino to expand lineup with crowd backing
Performance nutrition drinks startup Amino is overfunding after beating a £170k crowd target to scale the business and expand its product lineup
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NewsReal Good Food hires recovery specialist as it sells off Rainbow Dust brand
Cake decoration specialist Real Good Food has sold its Rainbow Dust brand and hired an insolvency specialist to explore options for the remaining Renshaw business
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NewsCity snapshot: Kitwave strengthens foodservice division with Wilds of Oldham deal
Buy-and-build wholesaler Kitwave Group has added another business to its portfolio with the acquisition of Wilds of Oldham. Plus, McBride issues a trading update, CCEP agrees Coca-Cola Beverages Philippines deal and Compass announces “a strong” year.
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Analysis & FeaturesHein Schumacher still has a big role for ‘purpose’ in his Unilever action plan
CEO Hein Schumacher says he wants to do sustainability ‘differently’, but there is more to the plan than a retreat from ‘woke nonsense’
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NewsPremier Foods makes further breakfast move with £34m Fuel10K deal
Premier Foods is set to take on the big players in the breakfast aisles following the £34m acquisition of protein-focused challenger brand Fuel10K.
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NewsBeyond Meat to axe staff in turnaround attempt
Embattled vegan brand Beyond Meat is planning to axe 19% of its non-production employees in a move to drastically reduce costs
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NewsAdministrators seeking buyer for The Crab Company Scotland
Administrators of premium Scottish shellfish processor The Crab Company are seeking a buyer for the business and assets.
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NewsMedia Bites 2 November: M&S, food waste, CBD
Marks & Spencer has kicked off the Christmas ads season showcasing glamour and featuring celebrities such as Sophie Ellis-Bextor and Tan France
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NewsFmcg profit warnings slow sharply in Q3
Profit warnings at retailers and suppliers have slowed significantly ahead of the golden quarter, according to the latest research
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NewsRaynor Foods shifts to employee ownership model
Family run food-to-go supplier Raynor Foods has transformed its ownership structure and transferred the entire shareholding to its 300 employees
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NewsSeep seeking to clean up household category with £750k fundraise
Founder Laura Harnett launched the eco brand in 2020 with a mission to prevent one billion plastic cleaning tools from entering landfill by 2030
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NewsCity snapshot: Volumes fall at Coca-Cola Europacific Partners as bottler focuses on revenues and margin
Coca-Cola Europacific Partners has seen sales grow ahead of volumes in the third quarter as a result of mixed weather across Europe, higher prices and lapping strong comparatives last year. Plus, Heineken appoints new European president and Glanbia upgrades profit expectations.
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NewsMedia Bites 31 October: Unilever, Premier Foods, McDonald’s
Unilever has frozen the salary of its new chief executive for the next two years after shareholders protested over its executive pay.
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NewsCity snapshot: Premier Foods snaps up Fuel10K in £34m deal
Premier Foods has expanded its presence in the breakfast category with the £34m acquisition of protein brand Fuel10K
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NewsJohn West hit by 78% profits decline as shoppers trade down
John West profits have sunk by 78% as cash-strapped shoppers flocked to discounters and turned to own label to combat inflation.
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NewsOatsu hits funding target as it prepares for major listings
Healthy breakfast start-up Oatsu has surpassed a £100k crowdfunding target as it prepares to launch overnight oats in Holland & Barrett and Co-op.
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NewsMedia Bites 26 October: Shoplifting, Christmas, Reckitt Benckiser, Heineken
John Lewis chair Sharon White has raised fears for the safety of store workers amid a rise of “organised gangs” of shoplifters targeting high-value items