All articles by Elena Cherubini – Page 14
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NewsMedia Bites 28 Jan: Sainsbury’s, low & no, Amazon/Deliveroo
Sainsbury’s pledges to become carbon neutral by 2040, low & no beverages spike in value and Deliveroo attacks the CMA investigation into its proposed tie-up with Amazon
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NewsBrave Foods raises six-figure investment to target UK and International growth
The brand will use the cash boost to grow awareness of the pulse snacking category in the UK
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NewsWell & Truly banks £500k investment to boost growth
The latest cash boost takes the total raised by the brand to over £1m since launching in 2016
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The Big InterviewSimplyCook: Sam Tierney on translating DTC into retail
Taking a DTC meal kit brand into stores has been a ‘long, tough journey’. But SimplyCook’s retail MD has come out the other side smiling
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NewsTyphoo Tea secures multimillion-pound backing from ‘major’ shareholder
The company has struggled in recent times, slumping to a £20m loss after a challenging trading period
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NewsEat returns to profitability as Veggie Pret transformation gets underway
Pret a Manger has pledged a transformation of as many Eat stores as possible into Veggie Prets
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NewsCell-based meat company Memphis Meats banks $161m to bring range to consumers
Source: Memphis Meats Memphis Meats plans to use the cash raised to bring its products – including lab-grown duck – to the market US-based lab-grown meat company Memphis Meats has secured a “breakthrough” $161m investment as it looks to launch its products to consumers for the first ...
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NewsHames Chocolates adds range designed for the ‘British palate’
The confectionery supplier will roll out the four-strong British Chocolate range built with the ‘British palate in mind’ from February
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NewsKennelpak profit falls amid one-off costs and rebrand
Private equity-owned wholesale petfood supplier and retailer Kennelpak has reported a drop in profits amid an Environment Agency fine for failing to meet recycling obligations
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NewsCity snapshot: Hotel Chocolat sales jump 14% on new openings
The UK premium chocolatier has reported double-digit sales rise in the first half, boosted by new openings in the UK, US and Japan
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NewsMedia Bites 23 Jan: Sainsbury’s/Mike Coupe, Agriculture overhaul, Retail jobs
The news of Sainsbury’s CEO Mike Coupe’s retirement came with little surprise as his job had been on the line since the failed Asda merger last year
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NewsBritish Honey rescues The London Distillery out of administration
The acquisition was part of British Honey’s “ambitious” growth plans, which will see the two companies ranges joined into one portfolio
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NewsDrop Drinks turns to the crowd to fund soft drinks range expansion
The startup, which produces soft drinks and mixers inspired by traditional British sweets, is looking for £80k to fund the launch of three additional flavours
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NewsFeverTree shares crash on profits warning
FeverTree Drinks has warned its annual performance is due to fall “below expectations” despite guiding for a near 10% sales increase.
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NewsMedia Bites 20 Jan: Premier Foods, Which?, Retail sales
Premier Foods enjoyed a Christmas sales boost, Sainsbury’s was crown by Which? as the cheapest supermaker of 2019 and retail sales slumped marking the worst performance since records began
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NewsUK food sales suffer largest drop since 2016
December marked a 1.3% slump in the volume bought across food stores, according to official ONS figures, the largest drop since December 2016
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NewsSkinny Tonic smashes crowdfunding target, raising over £1.4m
The campaign will close today after overfunding by 184%
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NewsPremier Protein to roll out bar range in the UK
The three-strong range will roll out in Ocado later this month
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NewsHelloFresh’s first annual profit set to exceed expectations
The news sent shares of the German company soaring as investors welcomed the success of the recipe kit model
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NewsABF Christmas sales rise on Sugar recovery
Associated British Foods revenues rose 4% over the crucial Christmas period due to a recovery of Sugar prices and strong Primark trading