All articles by Elena Cherubini – Page 29
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NewsBespoke supplements brand The Nue nets $9m investment to accelerate growth
The Nue plans to use the capital raised to grow its direct-to-consumer offering and expand product range.
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NewsScottish dairy business McQueens to create 100 jobs in ‘ambitious’ expansion push
McQueens Dairies has revealed an “ambitious” multi-million expansion plan which will see the creation of up to 100 new jobs within two years.
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NewsThorntons sales continue to slip in second year under Ferrero
Newly filed accounts at Companies House show Thorntons’ sales fell 3.3% to £135.2m in the 53 weeks to 31 August
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NewsFreed Foods secures funding to support growth in gluten-free market
The London-based brand, trading as Mister Free’d, issued £1.5m worth of new shares last week
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NewsAmber Beverage buys UK drink distributor Cellar Trends in push for global growth
Spirits producer Amber Beverage Group has acquired UK booze distributor Cellar Trends, pressing ahead with its international expansion plans.
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NewsBoots UK profits decline amid wider high street woes
Boots UK third quarter profits slumped as the pharmacy chain proved the latest victim of declining footfall on the high street.
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News2 Sisters returns to underlying growth as turnaround strategy ‘gains momemtum’
Quarterly underlying profits at 2 Sisters’s parent company Boparan rose for the first time in over two years, as the chicken giant’s turnaround strategy has begun to take hold.
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NewsEuropean heatwave boosts underlying performance at Froneri
Froneri’s underlying annual profits jumped 62% last year as the ice cream giant’s sales were boosted by the summer heatwave hitting Europe last year.
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NewsBell Food sells German sausage business amid declining market
Swiss meat producer Bell Food has sold its German sausage unit to the Zur Mühlen Group for an undisclosed sum, amid “decline” in the market and rising pork prices.
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NewsBlack Bee Honey smashes fundraising target as it targets big four listings
British raw honey producer Black Bee Honey has raised over £120k to underpin its growth ambitions, secure listings within the mainstream grocers and develop new product ranges.
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NewsCauli Rice maker Fullgreen in funding push for US expansion
Alternative rice producer Fullgreen has launched yet another fundraising round to underpin its push into the US and compete in the booming free-from sector.
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NewsEdrington annual sales soar on booming demand for premium brands
Scottish spirits stalwart Edrington reported an “industry-leading” rise in annual revenues on the back of soaring demand for its premium-end whisky.
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NewsTurkish food importer TFC buys London-based wholesaler Starburger
TFC Holdings London has snatched catering sector wholesaler Starburger for an undisclosed sum, completing what it described as its “first major acquisition”.
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NewsUK retail sales dip in May as rain dampens growth
UK retailers saw sales fall back last month as April’s record-breaking temperatures gave way to wetter weather in May.
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NewsKroger suffers first quarter earnings slump
Kroger, the largest pure-play grocery chain in the US, has posted a 62% slump in profits for the first quarter of 2019, due to lower gains on business sales and lower gross margins in its pharmacy business.
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NewsMondelez takes majority stake in US fresh-from-fridge energy bars maker Perfect Snack
Mondelez has agreed to acquire a majority stake in refrigerated protein bars maker Perfect Snacks as it looks to expand its healthy snacking portfolio.
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NewsEnergy bar producer Wholebake rescues Bounce Foods from administration
Gluten-free snack manufacturer Wholebake has acquired Bounce Foods for an undisclosed sum, rescuing the Surrey-based brand from administration.
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NewsOcado sells beauty retailer Fabled to Next as focus shifts to M&S deal
Ocado has sold beauty and wellbeing retailer Fabled to FTSE 100 fashion firm Next, as the online grocer plans to shift its focus to the joint venture inked with Marks & Spencer.
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NewsBell Food warns on profits as China's swine fever drives up pork prices
Switzerland’s Bell Food Group warned of a 9.4% earnings reduction in the first half of its financial year, due to a “massive” jump in pork prices linked to the outbreak of the African swine fever in China.
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NewsMordue Brewery closes its doors after failing to find a buyer
North East-based craft brewer Mordue Brewery has collapsed into administration after failing to secure a buyer for the 24-year-old business.