All articles by Elena Cherubini – Page 20
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NewsOppo eyes growth acceleration after appointing seven new executives
The business now had “the best team in place” to accelerate its growth, said co-founders Charlie and Harry Thuillier
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NewsRefresco hit with £8.1m charge following acquisition of Cott
Bottling giant Refresco was hit with an £8.1m exceptional charge last year resulting from its £935m acquisition of fellow bottling firm Cott.
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NewsCity snapshot: AB InBev warns on profit growth after ‘challenging’ quarter
The world’s largest brewer said it experienced a “challenging” third quarter, with sales and profits lagging expectations due to declines in the US and China
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NewsMedia Bites 26 Oct: Amazon, Impossible Foods, Coca Cola
Amazon’s investment in expanding its one-day delivery service triggered the first fall in quarterly oprating profits in over two years, spooking investors and wiping $80bn from the retailer’s market cap.
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News
Brain Füd turns to the crowd to fund switch to cans
A legal spat with Red Bull has forced a change to Brain Füd’s packaging and slogan
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NewsCity snapshot: Heineken third quarter sales rise on Asia-Pacific strength
Heineken has reported a 2.3% organic increase in beer sold during the third quarter driven by double-digit growth in Asia-Pacific. Plus, Carrefour Q3 like for like sales up 2.3% despite French weakness and all the rest of the latest news from the City.
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NewsMedia Bites 23 Oct: Just Eat, Uber Eats, Tariffs
Naspers, the South African tech conglomerate, has tried to gatecrash a merger of two of Europe’s biggest food delivery groups
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NewsSoft drinks maker Clearly Drinks buys Revolution Waves water
Soft drinks maker Clearly Drinks has acquired flavoured water brand Revolution Waves for an undisclosed sum.
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NewsP&G raises outlook after first quarter sales boost
Procter & Gamble first quarter sales were boosted by higher demand for its healthcare and beauty products
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NewsSMEs and startups feel unsupported by fmcg industry, research finds
Four in five fmcg startups feel unsupported and abandoned by the wider industry, research by Young Foodies has shown
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NewsCoconuts Organic returns to crowdfunding to fund exports and NPD
The non-dairy ice cream maker is now targeting £160k in exchange of a 6.3% stake in the business
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NewsJust Eat shares fall despite 25% third quarter sales increase
Investors have been unimpressed despite double-digit increases in orders through Just Eat
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NewsBurleighs Gin raises £500k to smash crowdfunding target
Burleighs Gin has smashed its crowdfunding target, raising just shy of £500k as it looks to upscale operations and break into the US market
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Analysis & FeaturesSerious change is on the horizon for Hain Daniels
As Hain Celestial retrenches, UK business is hard to unpick
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NewsCity snapshot: Danone lowers growth forecast despite third quarter sales uplift
French food giant Danone has lowered its 2019 like-for-like sales guidance despite reporting revenues growth in its third quarter. Plus, Remy Cointreau announces lower first half sales and all the rest of the latest news from the City.
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NewsMedia Bites 18 Oct: Tariffs, Brexit, Asda
UK producers of Scotch Whisky and biscuits are bracing for a significant financial hit as new 25% US tariffs came into effect from today
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NewsPret a Manger set aside £10m for food allergy scandal costs, accounts reveal
Pret a Manger set aside almost £10m to cover legal costs after it became embroiled in a major food allergy scandal, newly filed accounts have revealed.
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NewsUgly Drinks secures ‘multi-million-dollar’ fundraise
The British-founded brand plans to use the funds for further expansion in Europe and the US…
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NewsSeabrook Crisps sales boosted by own-label wins in first year under Calbee
Sales and profits at Seabrook Crisps jumped during its first year under Japanese snacking giant Calbee.
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InterviewsHow Massimiliano Pogliani is staying true to Illy’s heritage
Illy’s first non-family CEO says his priority is to maintain its spirit of quality and independence