All Finance articles – Page 134
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Analysis & FeaturesIs private ownership just what Finsbury Food needs?
Suitor DBay wants to build a bakery powerhouse through M&A
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NewsMedia Bites 29 September: John Lewis/Waitrose, Wilko, Deliveroo
John Lewis plans to sell off a dozen Waitrose stores to raise up to £150m as the troubled department store seeks fresh funding for its turnaround
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NewsLa Vie hits crowdfunding target in just over an hour
The France-based pork alternative brand has now announced it will be overfunding
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NewsInflation and cost of living send Mindful Chef to steeper losses
Losses have widened at Mindful Chef as a squeeze on consumer spending and inflation dampened demand and hurt margins.
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NewsPrinces set to be sold for £700m as bidding battle heats up
Three global investment firms are battling to take control of tinned foods giant Princes as a £700m deal process enters its final stages.
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NewsCoca-Cola Europacific Partners invests £31m into Wakefield site
The investment will help develop a ’state-of-the-art’ canning line, capable of producing 2,000 cans per minute
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NewsCity snapshot: Diageo remains on course despite cost pressures and economic uncertainties
Diageo said this morning it would ‘move with speed and agility and continue to invest in marketing and innovation’
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NewsMedia Bites 28 September: Morrisons, Chapel Down
News of Morrisons boss David Potts stepping down after nine years at the chain generates headlines this morning.
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NewsCity snapshot: Chapel Down posts strong and profitable first half growth
England’s largest winemaker Chapel Down has posted first half growth of 21% amid strong domestic sales for English sparkling wine and increased exports
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NewsMedia Bites 29 September: AG Barr, Pret a Manger, Amazon
AG Barr’s half-year earnings have soared thanks to recent takeovers and a rise in soft drinks sales
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Category ReportWhy investors have their eyes on petfood
Venture capitalists are ploughing cash into a new breed of petcare challengers. What does this mean for the market’s big dogs?
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NewsCity snapshot: AG Barr revenues jump but profits hit by cost inflation
Acquisitions and organic revenue growth helped AG Barr grow first half revenues by a third, but profits were hit by lower margin business and soaring costs. Plus trading updates from PZ Cussons, Finsbury Food Group and Supreme
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NewsMedia Bites 26 September: Aldi, Morrisons, Berry Bros & Rudd
Annual results from Aldi dominate the headlines in the newspaper business sections this morning.
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Comment & OpinionExport opinion: Wyke Farms’ Rich Clothier on Brexit, new markets and opportunities
Wyke has looked to new markets like Japan, Australia, South Africa and the US
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NewsThis sells stake to ITV for TV ad campaign
Plant-based brand This has sold a minority stake to ITV in return for up to £4m worth of advertising across the station’s channels
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NewsMedia Bites 25 September: THG, Wilko, retail sales
A £200m sale of a business park owned by THG boss Matthew Moulding has fallen through
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NewsCity snapshot: Cash-strapped shoppers drive record sales at Aldi
Aldi has boosted sales to a record high as the cost-of-living crisis pushed more shoppers through the doors of the discounters.
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NewsCity News: Naked Wines shares plunge on £15m loss
Naked Wines shares plunged to new multi-year lows this week after it fell to a £15m loss and downgraded earnings expectations amid a “slower than expected” start to its trading year
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Analysis & FeaturesFmcg’s global giants see record growth in OC&C Global 50 report
The world’s largest consumer goods companies surged to their highest growth in a decade last year, driven by soaring prices and solid sales volumes
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NewsHealeys spends £5m on improvements at Cornish cidery
Tank capacity at the Truro site has jumped by 60%