All articles by Elena Cherubini – Page 6
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NewsCity snapshot: Lockdown wipes almost all April footfall
UK streets were left silent in April under the government-imposed lockdown to prevent the spread of coronavirus
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NewsMedia Bites 18 May: JAB, Brexit deal, M&S
JAB Holdings hopes to raise around €2bn from the Amsterdam listing of its JDE Peet’s coffee business, Brexit agreements come to a standstill over fishing policy and M&S prepares to announce results on Wednesday
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NewsHealthy snacking brand Bepps raises six-figure emergency investment
The 2018-established business was able to raise between £100k and £200k from 4 existing investors
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NewsSymington’s dips into the red after exit of licensed brands
Symington’s plunged back into the red last year, as the planned exit of its Ainsley Harriott and Golden Wonder brands hit the company’s financial performance
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NewsCity snapshot: Supermarket price inflation spikes as retailers halt deals
The Grocer Price Index recorded year-on-year inflation of 2% during the first full month of the UK lockdown in April. That’s up from 0.4% in March
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NewsMedia Bites 14 May: Tesco, Trade Credit, Alternative Meat
Tesco executives were able to enjoy a pay boost after online supermarket Ocado was removed from a group used to calculate comparative returns.
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Analysis and FeaturesGuide for SMEs: Five small brands on coping with the coronavirus pandemic
The coronavirus pandemic has made being at the head of a fast-growing food & drink SME more challenging than ever. But these five brands have proven it is possible to cope
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NewsCrowdcube reports activity resurgence as brands settle into ‘new normal’
The level of investment into businesses on Crowdcube reached £9.2m last month, up 58% on March
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NewsCity snapshot: Stock Spirits reports ‘minimal’ impact from coronavirus pandemic
Stock Spirits said trading remained resilient after reporting a 15% increase in first half revenues. Plus, UK retail sales dropped almost 20% in April, Applegreen enhances liquidity position and all the rest of the latest news from the City.
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NewsVegan protein powder brand Neat Nutrition turns to the crowd
The 2015-established company hit Crowdcube last week looking to raise a minimum of £125k
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NewsMedia Bites 12 May: Furlough scheme, Petrol prices, UK spending
Furloughed workers could be allowed back part time under new measures to be announced by the chancellor, petrol prices drop to four-year low and Britons splash on food and alcohol during lockdown
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NewsCoronavirus: SMEs fear end to furlough scheme will lead to redundancies
Emma Loisel, co-founder and chair at Volcano Coffee Works, wrote an open letter to Chancellor Rishi Sunak this week urging a change in the rules of the furlough scheme
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NewsCity snapshot: Retail footfall suffers sharpest drop ever as shops shut
Last months figures showed the number of visits to shops plunged 80%, almost double the 41.3% reduction experienced in March
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NewsCoronavirus will lead to increase in opportunistic M&A, predicts PwC report
Research conducted by accounting firm PwC highlighted the chance for “attractively priced M&A opportunities” to arise in the next 12 to 18 months, as some challenger brands will be unable to continue trading on their own
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NewsCity snapshot: Coca Cola HBC reports “difficult” March and April trading
Coca-Cola HBC has had “difficult” March and April, as sales in the out-of-home channel were slashed by a nationwide lockdown imposed on most of its territories
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NewsMedia Bites 6 May: Ocado, Boots, Thai Union
Ocado shareholders urged to vote against executives pay, WBA in talks with Amerisource Bergen to sell wholesale division, tuna sales spike boosts John West maker Thai Union
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NewsFood & drink SMEs among thousands to submit Bounce Back loan applications
Companies banking with NatWest were among those struggling to secure confirmation of the loans, despite the government promising a no-fuss process
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NewsMedia Bites 5 May: Bounce back loans, Adelie, Food deliveries
Almost 110k small firms applied for the government’s Bounce Back loan scheme on the day it opened, Adelie in talks for rescue deal and food deliveries fail vulnerable groups
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NewsCity snapshot: Hotel Chocolat suffers trading hit from Easter closures
Hotel Chocolat has suffered a “material” impact on trading after being forced to close all retail stores ahead of Easter, the second largest seasonal peak for the business.
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NewsVegan ice cream brand Perfect World turns to the crowd to fund expansion
The startup hit Seedrs this week looking to raise a minimum of £75k