All Finance articles
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NewsHovis confirms talks over merger as losses deepen and sales fall
Turnover at Hovis fell 8.6% to £446.8m in the 52 weeks to 28 September 2024, down from £489m in the previous 53-week financial period, the accounts revealed
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NewsPoundland dismisses reports of supply restrictions as ‘bunkum’
A Poundland spokesman told The Grocer P&G had never placed any restrictions on the discount chain’s supply and Nestlé had actually increased its limits on Wednesday
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NewsFerrero agrees $3.1bn takeover of WK Kellogg Co
The group said Kellogg’s range of cereal brands, including Frosted Flakes, Froot Loops, Special K and Rice Krispies, were ‘highly complementary’ to its offering
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NewsShoppers avoid the high street during heatwave
Total UK footfall decreased by 1.8% in June, compared with a 1.7% fall in May
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NewsNew Princes Group buys Kraft Heinz’s Italian baby business
New Princes Group, formerly known as Newlat, has agreed to buy Kraft Heinz’s entire Italian baby food and nutrition business
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NewsAG Barr strikes deal with Thomas ‘Hal’ Robson-Kanu to partner with The Turmeric Co
AG Barr’s deal with The Turmeric Co will support the former Wales footballer’s ambitious plans to supercharge growth in the healthier drinks category
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NewsProfit and revenue slips at Weetabix as shoppers continue run toward own label
Weetabix has blamed another year of switching to private label for falling volumes, as operating profit and revenue both shrank in 2024
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NewsFerrero to snap up remaining US Kellogg's business in rumoured $3bn deal
the deal would bring WK Kellogg into the fold with Ferrero’s portfolio of brands including Ferrero Rocher, Tic Tac and Kinder
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NewsMedia Bites 10 July: Ferrero’s WK Kellogg deal and coffee prices
WK Kellogg’s shares surged by more than 56% in extended trading
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NewsCBD brand Goodrays closes £5m fundraise to fuel future growth
Funds would be used to launch new products, ramp up marketing investment and support retail listings, Goodrays said
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NewsInspired Pet Nutrition targets ‘ambitious’ European expansion with French buy
Fast-growing Inspired Pet Nutrition has agreed to buy Sopral, a French premium dry petfood manufacturer, as part of its plans for ‘ambitious’ growth on the Continent
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NewsDale Farm credits ‘exceptional teamwork’ for strong financial results
Turnover for the farmer-owned dairy co-operative shot up from £631.4m to £722.4m, figures for the year ending March 2025 have revealed
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NewsThe Tofoo Co defies plant-based decline in record year
Revenues at the business jumped 18% to £23.9m in 2024 on the back of a 17% rise in volumes as tofu and tempeh bucked wider declines in the meat-free category
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NewsMedia Bites 8 July: Amazon Prime Day, Walmart, Nestlé board troubles
Amazon Prime Day has arrived once again.
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NewsSalcombe Dairy crowdfunding £250k for bricks & mortar expansion
Devon ice cream maker Salcombe Dairy is seeking to raise £250k from the crowd to expand its profitable bricks & mortar footprint
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NewsCMA launches investigation into Greencore-Bakkavor merger
The start of the competition process comes as Bakkavor shareholders voted overwhemingly in favour of the deal yesterday
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NewsDiscount Dragon owner Huddled Group partners with THG Ingenuity and raises £1.5m
Huddled Group owns three e-commerce brands: Boop Beauty and Nutrircicle – selling protein and healthier snacks – as well as fmcg retailer Discount Dragon
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NewsBurnt Faith launches ‘UK-first’ brandy RTDs and readies crowdfunding push
The canned cocktails were ’a direct challenge to an industry that’s forgotten how to innovate’ said Burnt Faith founder Simon Wright
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NewsInfluencer Gemma Atkinson launches gem-based beauty crowdfunder
The brand has already sold £127k worth of stock during a three-week pre-order run in November 2024
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NewsSpirits companies shift focus to 0.0% variants as low & no brands’ sales recede
Pernod Ricard appears to have mothballed its Ceder’s brand, while Diageo has offloaded its stake in Everleaf