Finance news – Page 5
-
NewsAI-driven distributor Komerz buys Great Wines Direct
Komerz’s platform combines AI and data intelligence to help scale branded growth across categories, working with the likes of Amazon and Ocado
-
NewsSeedlip founder raising £2m for Pollen Projects non-alcoholic drinks studio
Funds will be used scale sales, marketing and production for the two brands created so far by the business, Sylva and Seasn
-
NewsShaken Udder acquired by Spanish ColaCao maker Idilia
The deal provides private equity backer LDC, which took a minority stake in the business in 2022, with an exit
-
NewsSupermarket Income REIT makes first convenience store acquisitions
The investment fund said it increasingly saw opportunity in convenience
-
NewsUrban Legend non-HFSS doughnut tech snapped up by Cadbury
It remains unclear in what capacity Cadbury owner Mondelez International, which was one of the major backers of Urban Legend, intends to use the equipment
-
NewsMicrosalt shares soar as it lifts sales forecasts
Unaudited sales for the AIM-listed business totalled $1.7m in the 10 months to 31 October and the board is confident of exceeding its original expectations of $2m in full-year revenues, Microsalt said in a trading update this morning
-
NewsJulienne Bruno brand rescued in pre-pack administration deal
The move adds to Compleat Food Group’s plant-based offering, sitting alongside vegan cheesemaker Palace Culture, acquired in 2023, and the Squeaky Bean and Vadasz brands
-
NewsPremier Foods’ profits surge on sweet treats boom
The group’s sweet treats growth comes off the back of a raft of innovation
-
NewsB&M switches up top team after profits plummet
The retailer’s share price crumbled to an all-time low after it revealed an accounts blunder last month
-
NewsFDF: food sector confidence plummets to lowest levels since Covid ahead of Reeves’ budget
Business confidence among food and drink manufacturers has plummeted to its lowest level since the Covid pandemic
-
NewsNorthern Pasta Co kicks off funding round to supercharge growth
The brand is aiming to raise £1m to accelerate its next stage of growth by scaling production, growing the team and investing in marketing and brand activation
-
NewsSales slowdown at supermarkets as shoppers hang on for Black Friday
Supermarkets suffered a sales slowdown in October as hard-pressed shoppers reined in spending ahead of Black Friday and Christmas shopping deals
-
NewsPrinces Group shares fall as sales decline
Revenues in the nine months to 30 September declined year on year by 5.7% to £1.4bn on the back of lower average selling prices
-
NewsGarage Barcelona launches €200k crowdfunding campaign for UK grocery push
The supplier was approached by a major multiple this summer
-
NewsBeyond Meat forecasts subdued demand as losses mount
Revenues at the New York-listed group fell 13.3% year on year to $70.2m (£53.4m) in the three months to 27 September 2025 as volumes declined by 10.3%
-
NewsLittle Moons losses shoot past £50m in wake of factory upheaval
Losses at Little Moons have shot past £50m in the aftermath of the mochi snacking brand’s decision to close its Kettering factory
-
NewsNichols ends CFO hunt by hiring former Sainsbury’s and Asda executive
The new hire will join the soft drinks supplier in April 2026 from THG
-
NewsPremium own-label sales to hit £1bn for first time, Worldpanel predicts
Sales of these goods were worth £582m October
-
NewsHilton Foods’ seafood recovery hit by US shutdown
Hilton cut its profit forecast for the year and expects 2026 to be ’difficult’
-
NewsSpending ‘subdued’ as shoppers prioritise saving amid budget worries
BRC CEO Helen Dickinson used the latest BRC-KPMG Retail Sales Monitor to warn Rachel Reeves not to undermine ‘fragile’ consumer confidence