All articles by Ed Devlin – Page 4
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Astonish cleans up with double-digit revenue growth
Revenues jumped 15% to £66.5m in the year to 31 May 2025 at the Yorkshire-based family-owned company
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Wow Hydrate racked up nearly £50m in losses, report reveals
Wow Hydrate struck multimillion-pound sponsorship deals with big-name sports clubs and stars, such as Manchester United, Harry Maguire and Tyson Fury
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Faith in Nature sinks to a loss following IT disruption
Faith in Nature has plunged into the red as a software upgrade caused “significant disruption” at the eco personal care brand
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Doughlicious secures $5m to continue US expansion
The round was led by Rich Products Ventures, the venture capital fund of family-owned US food group Rich Products, and private investor collective The Angel Group, along with backing from existing investors
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Online high-protein retailer Muscle Food under new ownership
Nick Preston and Ross Carlin bought the Nottinghamshire-headquartered company for an undisclosed sum from previous owner The GPS Food Group
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Better Nature to take the fight to chicken as it secures £1.1m funding
The round will help Better Nature supercharge its sales and marketing initiatives, as well as invest in innovation and widen the appeal of tempeh to more consumers
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Unilever ice cream performance gives investors hope of turnaround progress
Unilever shareholders have reacted positively as the consumer goods giant outperformed City expectations today, signalling progress with its ongoing turnaround
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AG Barr offloads Strathmore water to Welsh bottler Ty Nant
The deal, for an undisclosed sum, includes the Strathmore production site in Forfar near Dundee and saves the jobs of 23 staff at the business
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Mighty Drinks brand rescued by plant-based protein supplier The Mighty Kitchen
The Mighty Drinks brand will live on after administrators at the dairy-free milk alternatives business secured a sale to The Mighty Kitchen
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Former Manchester United sponsor Wow Hydrate set for relaunch following administration
Replenish+ Ltd, which is connected to Wow Hydrate by a common director, agreed to rescue the brand, buying the business and assets as a going concern
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Reckitt Benckiser shares power ahead as turnaround gains traction
Reckitt Benckiser is back in the City’s good graces as investors mopped up news of significant progress in a long-awaited turnaround at the Dettol to Durex multinational
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Treatt shares crash on profits warning
Treatt has lost more than a quarter of its market value as shares in the drinks ingredients firm crashed yesterday following a profits warning
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Supermarket sales bounce back in June as shoppers soak up the sunshine
June’s heatwave has been good news for supermarkets as food sales bounced back from a decline in May
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Consumer confidence falls as Brits save cash ahead of autumn budget
Brits are saving their cash as worries over never-ending inflation continue to haunt consumer confidence ahead of the coming autumn budget
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Reckitt Benckiser lifts growth projections after cleaning up portfolio
Reckitt Benckiser has upgraded forecasts for its annual sales growth as the drive to simplify the health, hygiene and nutrition multinational showed early results
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Nestlé suffers decline as consumers react to higher coffee and chocolate prices
Sales and profits have fallen at Nestlé in the first half as the world’s largest food group continued to suffer from weak consumer sentiment
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Win-Win closes £3m Series A round to fuel cocoa-free chocolate growth
Win-Win will use the case to invest in its UK team and new product lines, as well as a push into Europe
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Modern Baker secures £2.5m investment for healthy UPF mission
The funding from the Series A round will support the next stage of the company’s six-year mission as it rolls out new products in biscuits, sweet bakery, breakfast cereals, ready meals and beverages
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B&M shares sink to all-time low as investors worry about growth prospects
B&M shares plunged to an all-time low this week despite the discounter returning to growth in the UK for the first time in more than a year
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Ocado Group focused on moving to positive cashflow after ‘strong’ first half
Ocado Group has delivered a ‘strong’ first-half performance as revenues increased 13.2% to £674m and underlying adjusted profits almost doubled