All Finance articles
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News
Papa Johns returns to sales growth as Q2 results ‘exceed expectations’
The pizza chain expects to open 180 to 200 restaurants in its international markets this year
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News
Krispy Kreme earnings plummet as UK refranchising plans kick off
Krispy Kreme attributed the decline primarily to the impact of ‘unsustainable operating costs’ of its McDonald’s US partnership
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Ricky Gervais’ Ellers Farm Distillery acquires 6 O’Clock Gin brand
The deal is Ellers Farm’s first acquisition
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News
Retail footfall “stubbornly negative” in July
Retail footfall remains “stubbornly negative” compared to 2024, with July the third month in a row to record fewer consumers in shops
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News
Food inflation will hit 5.5% in 2025, Bank of England warns
Food price increases have been driven by rising key food commodities, higher employment costs and extended producer responsibility levies on packaging
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News
Beyond Meat brings in hired hand to ‘aggressively’ reduce costs amid losses
John Boken, MD of AlixPartners’ turnaround and restructuring department, is charged with strengthening the balance sheet at the struggling meat alternatives business
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News
Wow Hydrate racked up nearly £50m in losses, report reveals
Wow Hydrate struck multimillion-pound sponsorship deals with big-name sports clubs and stars, such as Manchester United, Harry Maguire and Tyson Fury
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News
Deliveroo profits surge ahead of DoorDash takeover
The London-based company achieved its first-ever annual profit last year, drawing the attention of DoorDash which agreed a £2.9bn takeover in May
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News
Au Vodka sales soar but profits halve amid overstocking
The supplier recorded exceptional costs of £3.9m in the year to last April.
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Comment & Opinion
Why time’s up for late payers as struggling SMEs get support
With 38 businesses closing daily due to late payments, the government’s new reforms introducing mandatory payment terms have been welcomed by small businesses struggling with cash flow issues
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News
US tariffs ‘risk $2bn in lost sales’, major alcohol trade bodies warn
Wine and spirits were unique products often tied to specific geographical regions around the world, the letter argued.
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News
Food & drink SMEs hail government crackdown on late payers
The government’s plan will mean a shift to enforced 60-day maximum payment terms when paying SME suppliers, reducing to a 45-day maximum after five year
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News
Faith in Nature sinks to a loss following IT disruption
Faith in Nature has plunged into the red as a software upgrade caused “significant disruption” at the eco personal care brand
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News
KFC owner Yum Brands sees Q2 boost but Pizza Hut profits suffer
The fast food corporation’s total revenues jumped 10% to $1.9bn (£1.4bn) in the second quarter
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News
THG agrees £100m cash sale of Claremont Ingredients
THG has agreed a £103m deal to sell its Claremont Ingredients business to European flavourings manufacturer Nactarome Group
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News
Coca-Cola Europacific Partners downgrades revenue guidance but profit healthy
Coca-Cola Europacific Partners has downgraded its revenue guidance for 2025 despite a “solid first half performance” that boosted reported operating profit by 19.4%
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Comment & Opinion
Five key takeaways from Diageo’s full-year results
There were few major surprises as Diageo reported a modest rise in sales but missed forecasts for profits in its full-year results on Tuesday
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News
Naked Wines CEO eyes 2028 for return to growth
Annual results posted on the London Stock Exchange earlier today showed the group’s revenues had fallen 14% to £250m in the year to 31 March 2025
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News
Doughlicious secures $5m to continue US expansion
The round was led by Rich Products Ventures, the venture capital fund of family-owned US food group Rich Products, and private investor collective The Angel Group, along with backing from existing investors
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News
Online high-protein retailer Muscle Food under new ownership
Nick Preston and Ross Carlin bought the Nottinghamshire-headquartered company for an undisclosed sum from previous owner The GPS Food Group