Upmarket ready meals supplier Charlie Bigham’s has posted a £9.3m jump in annual sales in its most recent financial year, but investment in growing capacity sent the company into the red.
Tesco CEO Dave Lewis declared the retailer had a “strong” start to the year, but weakening sales growth left some in the City wondering if its resurgence was beginning to slow.
The Department for International Trade has also identified India and the UAE as key territories to ramp up exports
The US and China are being targeted in a major new government strategy to boost food and drink exports post-Brexit. Morrisons gains closer customer relationships through Amazon deal expansion, Charlie Bigham’s sees 19% growth but falls to a loss and all the rest of the latest news from the City.
Tesco CEO Dave Lewis says the supermarket group faces challenges with soggy weather and consumer sentiment.