All articles by Elena Cherubini – Page 12
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NewsMedia Bites 21 Feb: Retail sales, Immigration, Coronavirus
Retail sales pick up in January boosted by a Conservative majority in the election, the Government new immigration policy risks to end next-day delivery and the Coronavirus outbreak pushes markets in the red
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NewsCity snapshot: New CBD brand Cannaray targets IPO
A new CBD brand led by industry veteran Clive Sharpe is targeting a multimillion IPO to expand across Europe
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NewsHealth & wellness segment continues to outperform wider food & drink sector
The category outgrew food & drink over the past six years and is now worth $700bn worldwide
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NewsDTC cleaning products firm Dropps secures $16m to scale up
The eco-friendly firm will use the investment to keep up with growing demand for its subscription business
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NewsStartup incubator the Grocery Accelerator relaunches as Mission Ventures
The accelerator was set up in 2015 by a trio of industry leaders to support the growth of fmcg challenger brands
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NewsBritvic agrees £400m ‘sustainability-linked’ credit facility
Britvic has agreed a “sustainability-linked” £400m credit facility, one of the first of its kind in the UK.
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NewsPreserve startup Rogue launches crowdfunding campaign to become ‘household brand’
The startup was due to hit Seedrs last October but after losing the backing of a lead investor was forced to delay the launch
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NewsVieve Protein Water eyes US launch through £150k fundraising drive
The London-based brand is looking for startegic investors who could help it become a leading player in the sports nutrition category
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NewsButternut Box secures further £20m investment to accelerate growth
The latest investment takes the total raised by the DTC petfood business to over £40m since launching in 2016
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NewsPepsiCo’s annual sales rise on strong European performance
For 2020 the business expects revenues to rise 4%
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NewsMedia Bites 13 Feb: Greggs/Asda, Coronavirus, Business rates
Greggs partners with Asda for in-store concessions, the Coronavirus outbreak threatens economic growth and retailers come together to demand a reform of business rates
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NewsBrighton-based sustainable supermarket Hisbe offers £450k bond to fund second site
Hisbe is looking to raise £450k to fund the opening of a second ‘ethical supermarket’ in Worthing
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NewsPots & Co raises more than £500k following Lloyds loan
The London-based pudding business issued 8,293 shares at £67.35 each, but refused to comment on future plans
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NewsFitch Brew looks for strategic investors in £250k funding push
The York-based startup is seeking to raise cash from strategic investors to fund NPD and exports
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NewsVitamin drinks brand Tonic Health kicks off £400k fundraising push
The startup is looking to secure the cash in a blend between an institutional raise and crowdfunding to scale up UK operations and launch in the US
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NewsMedia Bites 11 Feb: Brexit trade; Chinese prices, Harry’s/Edgewell
The Government confirms the end of frictionless trade with the EU post Brexit, Chinese prices spike on the Coronavirus outbreak and John Lewis will start selling make-up for men
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NewsCity snapshot: Ocado slumps to £215m loss as Andover fire hits profits
Ocadoreports strong results despite the impact of a fire at its Andover CFC last year, M&S snaps up Greencore CFO and Cranswick buys leading UK pig farm
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NewsAllplants smashes £2m crowdfunding target in 48 hours
The crowdfunding campaign will kick off a bigger institutional raise planned before the end of 2020
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NewsWater kefir producer Agua de Madre turns to the crowd to scale up
Craft-brewed fermented water kefir producer Agua de Madre has turned to the crowd as it aims to take on the low & no UK drinks market
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NewsVegan restaurant The Vurger Co secures seven-figure funding to launch retail range
The vegan burger restaurant chain will use the funding to open more sites and launch its plant-based burger range into retail in April