All articles by Ed Devlin – Page 48
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NewsCity snapshot: Reckitt Benckiser appoints new CFO from Nike as Jeff Carr retires
Reckitt Benckiser CFO Jeff Carr has handed in his notice, with the multinational consumer goods group appointing a replacement from Nike to take over the role. Plus, Wynnstay Group appoints new finance director.
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NewsMedia Bites 22 August: Antibiotics, poultry farming, Wilko, Domino’s
Food companies are facing increasing pressure from their investors over the overuse of antibiotics in the food supply chains as campaigners turn to shareholder muscle to tackle the global scourge of antimicrobial resistance.
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NewsCity snapshot: Henry Dimbleby joins board of lab-grown petfood brand Good Dog Food
Lab-grown petfood brand Good Dog Food has appointed former government food tsar Henry Dimbleby as a non-executive director.
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NewsEnough secures €40m to produce cheaper meat-free products
The sustainable meat-free ingredients group has raised the funding to boost capacity at its factory
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NewsEx-Warburtons boss Neil Campbell joins Hain Celestial board
Former Warburtons boss Neil Campbell has joined the board of US food giant Hain Celestial
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NewsMedia Bites 18 August: ‘Greedflation’, food waste, Wilko
Official ONS figures show profitability at UK non-financial companies is lower than pre-pandemic levels
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NewsMedia Bites 17 August: Carlsberg, Wilko, Aldi
Carlsberg chief executive Cees ’t Hart said the brewer was “shocked” at the seizure of its Russian subsidiary by the Kremlin last month.
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NewsRegal Food Products creates one-stop shop with acquisition of Packaging ‘R’ Us
World food producer Regal Food Products has expanded into the non-food space with the acquisition of disposable packaging business Packaging ‘R’ Us
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NewsCity snapshot: Food price inflation register sharp slowdown in July
A sharp slowdown in soaring food and drink prices helped drive inflation down to a 17-month low in July, according to new government data. Plus, Glanbia appoints a new CEO after Siobhán Talbot retires and also reports first-half results, and Carlsberg raises profit guidance
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NewsMedia Bites 15 August: Wilko, fuel prices, Harvey Nichols
Wilko continnues to dominate the headlines this morning.
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NewsChallenger brands owed upwards of £100k by Asda third-party distributor Blue Ocean
Third-party distributor Blue Ocean owes a number of challenger brands upwards of £100k for products supplied to Asda since the collapse of Tree of Life
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NewsSpirits startup Goldling secures seed funding to back retail push
The organic canned spirit startup has secured £300k in a seed funding round as it aims to get its drinks into the mults
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NewsLoveSeitan throws in the towel as shoppers renounce seitan
LoveSeitan, which supplied plant-based products to the likes of Tesco, Sainsbury’s and Aldi, has ceased trading after slower-than-expected take-up of seitan as a meat alternative
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NewsRamsden International returns to profitability despite Brexit disruption
Ramsden International has bounced back to the black despite another challenging year
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NewsCoca-Cola HBC lifts growth prospects after better-than-expected first half
Drinks bottler Coca-Cola HBC has hailed a “very good” first-half performance as volumes proved resilient despite higher prices.
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NewsBeyond Meat shares hammered as sales plummet in Q2
Beyond Meat cut losses in the second quarter thanks to lower costs following mass redundancies made in 2022
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Comment & OpinionBeyond Meat’s plunging results are not the final blow for plant-based
Beyond Meat revealed plunging second-quarter sales of almost a third, driven by shoppers’ diminishing appetite for the plant-based meat
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NewsSerious Sweets acquires free-from confectionery brand Lexi’s
The acquisitive confectionery group has added a healthier brand to its portfolio with the takeover of mallow and protein bar brand Lexi’s
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NewsMedia Bites 8 August: Food prices, retail sales, Beyond Meat
It’s a quiet morning for fmcg news in the papers, with stories on food inflation and faltering retail sales.
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NewsCity snapshot: Carr’s CEO Peter Page steps down
Agriculture and engineering group Carr’s has kicked off a search for a new CEO after Peter Page decided to step down from the helm next year.