All Finance articles – Page 114
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NewsThis preps crowdfunding campaign ahead of move to profitability
This is returning to the crowd for the final time ahead of a major funding round planned for later this year as it seeks to continuing supercharging growth and move into profitability
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NewsCity snapshot: Kerry Group sales fall after ‘challenging’ 2023
Irish dairy and nutrition producer Kerry Group has posted an 8.6% drop in sales as disposals and challenging conditions for its dairy business hit headline revenues
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NewsMedia Bites 15 February: Heineken, Kraft Heinz, Coca-Cola HBC
Annual results at Heineken, Kraft Heinz and Coca-Cola HBC make headlines this morning
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NewsKraft Heinz net sales slow in fourth quarter as sales volumes drop
Kraft Heinz saw net sales decline in the final quarter of the year as a drop in sales volumes outstripped price rises in the period
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NewsSpacegoods secures £2.5m to supercharge functional mushrooms and nootropics blends
Wellness startup Spacegoods has closed a £2.5m seed round to accelerate growth of its functional mushrooms and nootropics range
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NewsThe Uncommon raises £1.2m to meet growing demand for English canned wine
Canned wine challenger The Uncommon has secured £1.2m in its biggest funding round to date to help it scale production to meet growing demand in the mults
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NewsMedia Bites 14 February: Shop worker violence, The Body Shop, Waitrose
Retail industry bosses have warned of a spiralling crisis on shop floors after violence and abuse of workers surged by 50%
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NewsCoca-Cola boosted by high prices but volumes come under pressure
Coca-Cola has beaten market expectations as higher prices continued to help the drinks giant to boost revenues. However, volumes declined in its domestic North American market in 2023
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NewsCity snapshot: Food prices fall for first time in more than two years
Food prices have fallen for the first time in more than two years as inflation in the sector continued to ease. Plus, full-year results from Heineken and Coca-Cola HBC
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NewsThe Body Shop’s UK arm placed into administration
The private equity owner of The Body Shop has placed the UK chain into administration just three months after buying it
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NewsNaked Wines cashes in Majestic Wine £12m loan to fuel turnaround
The online wine retailer agreed the early redemption of the loan note with CF Bacchus HoldCo for a discounted price of £9.1m
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NewsCity snapshot: Ultimate Products sales dip as air fryer craze dissipates
Homeware and household brands owner Ultimate Products has seen a fall in sales in its first half of its financial year as it laps “exceptionally strong demand” for air fryers last year
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NewsMedia Bites 13 February: Tea shortages, The Body Shop, M&S
Shoppers have been warned there is a “nationwide” shortage of black tea linked to Houthi attacks on ships in the Red Sea
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NewsLA Brewery seeking £1m from crowd to meet low & no demand
Kombucha maker LA Brewery is launching a £1m crowdfunding campaign amid fizzing consumer demand for alcohol-free alternatives
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NewsBreal shutters London brewing operations in consolidation move
Consolidation had been on the cards following Breal’s 2023 acquisition spree
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NewsSuffolk brewer Adnams appoints advisors after losses mount
Losses at Adnams widened to £2.4m in the first six months of last year
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NewsMedia Bites 12 February: The Body Shop, Cocoa prices, John Lewis
The new owners of The Body Shop are lining up administrators for its British arm just weeks after taking control of the cosmetics retailer
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NewsCity snapshot: SSP Group expands Australian footprint with ARE deal
Travel food-to-go operator SSP Group has expanded its presence in Australia with the acquisition of Airport Retail Enterprises
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NewsCity News: Sainsbury’s ‘Next Level’ strategy fails to impress the City
Sainsbury’s outlined its strategic blueprint to improve investors’ returns this week, but its plans underwhelmed the City amid concerns over upfront costs and a lack of clarity around some commitments
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NewsWilliam Jackson Food Group back in profit after MyFresh exit
William Jackson Food Group grew sales and moved back into the black last year, despite the cost of living crisis and a drop in online grocery shopping