All Finance articles – Page 141
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NewsMedia Bites 5 August: food imports, English wine, Knoops
Imported food coming into the UK through Brexit border posts is being sent back to Europe to be tested due to a lack of laboratory capacity in Britain
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Analysis & FeaturesWhere is Morrisons going right, as Asda is going wrong?
Morrisons’ CEO Rami Baitiéh has staged improvements on price and availability, while Asda is facing falling sales and staff walkouts
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NewsCity News: Diageo boss ‘fighting for job’ as share price plunges again
Another weak market update and share price plunge this week will have left the beleaguered new CEO of Diageo Debra Crew “fighting to keep her job”, according to analysts
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Analysis & FeaturesWhat are the challenges for Reckitt’s sell-off strategy?
The group is planning to sell non-core brands and focus on ‘Essential Home’
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NewsCity snapshot: Ocado raises £700m to refinance debt
Ocado has raised £450m in an upsized bond offering to refinance debt along with a separate £250m bond issuance
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NewsMedia Bites 2 August: interest rates, Morrisons, Amazon
The Bank of England’s decision to cut interest rates for the first time in more than four years is in focus in this morning’s papers
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NewsCity snapshot: AB InBev improves profits but volumes fall back
AB InBev has posted a rise in underlying profits in its second quarter, but sales volumes went backwards in the period as beer sales fell
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NewsMedia Bites 1 August: Asda, Chill Brands, Deliveroo
An emergency £30m cash injection into Asda makes the papers this morning
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NewsParamount Retail Group expands into beer with Saltaire Brewery acquisition
The Yorkshire-headquartered group said it had identified Saltaire as a regional brand with ‘significant national and international growth potential’
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NewsIllycaffè confident of further growth despite coffee price volatility
Illycaffè has boosted first-half profits as revenues increased in all its major markets and distribution channels, with the Italian coffee roaster keeping a tight control over costs
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NewsC&C investor calls on group to appoint directors with ‘skin in the game’
Engine Capital said its two nominees had committed to buying shares personally
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News‘Incredible new chapter’ as Newlat completes £700m Princes takeover
The combined group, which also includes Symington’s in the UK, will have a turnover of €2.8bn, a global network of 31 plants, 8,800 employees and more than 30 brands
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NewsHill Biscuits snapped up by Cerealto UK
The custard creams and bourbons maker has been sold to the UK arm of Spanish own label giant Cerealto to give long-standing private equity backer LDC an exit
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NewsGymkhana Fine Foods brings in senior management trio to lead retail expansion
Gymkhana Fine Foods has strengthened its senior leadership team with three experienced hires
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NewsMedia Bites 31 July: Diageo, Greggs, McDonald’s
The head of Diageo has warned that consumers are facing an “extraordinary environment”, as one of the world’s biggest drinks makers reported its first global drop in sales since 2020
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NewsCity snapshot: Danone beats market forecasts in ‘strong’ first half
Net sales reached €13.8bn, climbing 4% on a like-for-like basis, with volumes jumping 2.1% and registering growth in each of the French group’s categories. Plus, first-half results from Just Eat Takeaway and Kerry Group
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Comment & OpinionGuinness is a bright spot in Diageo’s otherwise tough year
Guinness’ success shows how brands can trump even the toughest of economic headwinds
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Comment & OpinionWe need to scrutinise the ‘cost of business’ for challengers
Startups are spending tens, if not hundreds, of thousands of pounds just to elicit a response from buyers, says Thea Alexander, CEO at YF
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Comment & OpinionWhat can we learn from Sainsbury’s market share growth?
Sainsbury’s has been outgrowing the market for some time, says Jeremy Garlick, partner at Insight Traction
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NewsCity snapshot: Diageo posts organic sales and profit declines amid Americas weakness
Spirits giant Diageo has posted a decline in organic sales and profits as a heavy sales fall in Latin American and the Caribbean hit annual performance