All articles by Ed Devlin – Page 41
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Eversfield Organic swoops for Coombe Farm Organic to boost online meat offering
Organic grocery retailer Eversfield Organic has acquired Coombe Farm Organic in a move that will double the group’s online butchery business
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Faith in Nature welcomes crowd investment to push green credentials
Faith in Nature has smashed a £550k crowdfunding target as the eco personal care brand welcomed outside investment for the first time in its 50-year history
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Number of food and drink business administrations soars in first half
The number of failures in the sector is on track to more than double year on year, according to new figures
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City snapshot: Virgin Wines UK hits forecasts as it makes strategic progress
Virgin Wines UK is trading in line with expectations, as the under-pressure DTC retailer is set to report falling revenues and profits
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Media Bites 17 July: Tesco, inflation, shoplifting, Getir
Tesco is pushing suppliers to pass on savings from falling costs as Britain’s biggest supermarket sets out to cut prices more aggressively than its rivals.
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Haribo steadfast in face of HFSS rules as revenues hit new high
Revenues at Haribo have soared to record levels despite the sweets maker battling government restrictions and rising costs.
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Typhoo turnaround ‘in progress’ despite more heavy losses
Pre-tax losses at the group totalled £8.5m in the year ended 30 September 2022
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Media Bites 14 July: Aspartame, Haleon, Prime
A report by the World Health Organisation on aspartame makes headlines this morning, alongside widespread layoffs at Haleon.
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Coca-Cola launches $138m sustainability fund to reduce carbon footprint
The Coca-Cola Company and its bottling partners around the world have closed a $138m (£105.6m) venture capital fund focusing on sustainability investments
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Media Bites 13 July: Superdrug, Co-op, Molson Coors, JD Wetherspoon
In a quiet morning for fmcg news, the papers pick up on financial results at Superdrug and a potential frontrunner to take the chair at Co-op Group.
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Samworth poised to axe plant-based Revolution Kitchen business
Samworth Brothers is exploring the closure of its lossmaking plant-based Revolution Kitchen business, putting hundreds of jobs at risk
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City snapshot: Wincanton volumes hit in challenging market
Revenues have declined at logistics provider Wincanton as its grocery, consumer and general merchandise divisions recorded lower volumes amid the ongoing economic headwinds.
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RTD cocktail brand Whitebox ready for UK and export growth thanks to crowd backing
RTD cocktail startup Whitebox has beaten a £450k crowdfunding target as it aims to ramp up NPD and grow distribution in the UK and overseas
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Jude’s forecasts more rapid growth as sales jump 38%
The sustainable ice cream brand significantly expanded distribution and boosted its offering with wide-ranging NPD, including a move into plant-based products
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Media Bites 11 July: Waitrose, Amazon, Ocado
Waitrose customers will have the option to order their produce from Uber Eats after the supermarket signed a multi-year deal with the online delivery company.
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Pooch & Mutt snapped up by production partner Vafo
Petfood brand Pooch & Mutt has been taken over by long-term production partner and backer Vafo in ‘a multimillion-pound deal’
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Oatly ready for next phase of growth as it appoints new CFO
Oatly has appointed Marie-Jose David as chief financial officer, marking a complete change in the leadership team of the plant-based group
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City snapshot: Wilko in talks to secure turnaround investment
Struggling discounter Wilko is seeking fresh capital from turnaround investors as it continues to work on a restructuring agreement.
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Tesco confirms appointment of Tate & Lyle chairman to replace John Allan
Tesco has appointed Gerry Murphy as its new chairman to replace scandal-hit John Allan
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Tonic Health launches with Walmart supported by six-figure crowd investment
The gummies are made without any sweeteners or artificial ingredients, and use beetroot fibre instead of sugar as a primary ingredient