All articles by Ed Devlin – Page 54
-
NewsMedia Bites 9 February: John Lewis/M&S, Burts Snacks, PZ Cussons
M&S could overtake John Lewis Partnership to become the nation’s seventh largest retailer by sales before the end of this year
-
NewsWhen in Rome returns to crowd as retail distribution for eco-friendly wine grows
Sustainable wine start-up When in Rome has returned to the crowd to raise an additional £400k to support its growing retail listings in the UK as demand picks up for more environmentally friendly packaging in the category
-
NewsMackie’s profits melted by surging costs despite record market share
Profits have slumped at Scottish ice cream maker Mackie’s despite the brand boosting market share to its highest-ever level as surging costs squeezed margins.
-
NewsSerious Sweets snaps up premium marshmallow brand Mallow & Marsh
Own-label confectionery maker Serious Sweets has continued its acquisition spree with the takeover of premium marshmallow brand Mallow & Marsh.
-
NewsCity snapshot: Price rises boost PZ Cussons sales but volumes and margins decline
PZ Cussons has delivered a ’robust’ performance in the first half as its transformation continued. Plus, Cellular Goods reveals its proposed acquisition of CBD player Cannaray has collapsed, and Tate & Lyle unveils a new five-year framework
-
NewsBurts Snacks acquired by Kolak owner Europe Snacks
Premium snacks brand Burts has been snapped up by French own label manufacturer Europe Snacks for an undisclosed sum
-
NewsGousto taps investors for additional £50m amid ‘volatile’ market conditions
Recipe kit brand Gousto has raised £50m in additional funding from its investors to help the business navigate the current challenging economic environment.
-
NewsMedia Bites 7 February: Gousto, apprentice levy, M&Co
Gousto has cut its valuation after raising tens of millions of pounds in additional funding to steer it through a volatile economic period, according to reports this morning.
-
NewsFaace closes six-figure crowd round to fuel growth of ethical skincare brand
The start-up launched in 2020 and makes a range of products in a tube specifically targeted to help women during periods and the menopause.
-
NewsCity snapshot: Urgent reform needed for ‘broken’ apprentice levy
The government’s apprentice levy system is ‘broken’ and needs ‘urgent reform’, according to a letter from four trade bodies.
-
Analysis & FeaturesCérélia and Jus-Rol: does the CMA have a point in blocking the deal?
Cérélia is appealing the decision, but does the CMA have a point?
-
NewsMedia Bites 3 February: Amazon, Avara Foods, Bank of England
The latest Amazon results and the latest interest rates hikes by the Bank of England make headlines this morning
-
NewsSykes Seafood saves 120 jobs in Big Prawn Co pre-pack administration deal
Big Prawn, which supplied natural and added-value shellfish products to UK retailers, wholesalers and foodservice, appointed restructuring specialist Kroll Advisory as administrator on 27 January 2023.
-
NewsMedia Bites 2 February: Sainsbury’s/Bestway, Aldi/M&S, Unilever
The papers continue to pick up the latest news surrounding Bestway and Sainsbury’s
-
NewsOddbox steps up food waste fight with multimillion-pound backing
Wonky veg delivery service Oddbox has smashed a multimillion-pound crowdfunding target to help step up its fight against food waste in the UK
-
NewsCity snapshot: Food inflation shows no signs of slowing as prices hit record high
Food inflation has leapt to a new high in January as producers continued to battle cost pressures, according to the latest report by the British Retail Consortium. Plus, new appointments at Greencore and Kitwave
-
NewsMedia Bites 31 January: Unilever, Lidl, Caffè Nero
The main focus for this morning’s papers is the appointment of a new CEO at Unilever
-
NewsProfits warnings at food producers hit 16-year high in 2022
Profit warnings by UK-listed companies soared 50% higher in 2022 as rising costs put retailers and food companies under significant pressure, according to a new report
-
NewsFinsbury Food Group expands reach with Lees of Scotland acquisition
Specialist bakery Finsbury Food Group has acquired snowballs maker Lees of Scotland for £5.7m in cash
-
NewsCity snapshot: Unilever appoints Royal FrieslandCampina boss as CEO
Unilever has appointed Royal FrieslandCampina boss Hein Schumacher as successor to outgoing CEO Alan Jope. Plus, Finsbury Food Group announces an acquisition, Kitwave appoints a NED and Lidl GB unveils further investment for British suppliers.