All Finance articles – Page 18
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NewsMedia Bites 29 January: Rachel Reeves speech, Diageo, WH Smith and Starbucks
Chancellor Rachel Reeves will give a speech later this morning
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NewsNaked Wines give investors first glimpse of possible turnaround
Naked has pivoted away from attracting customers through heavy discounting
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NewsVirgin Wines raises a glass to ‘highly encouraging’ Christmas
Revenues increased 6.7% year on year over the six weeks to 27 December, with sales over the month as a whole up 9% compared with December 2023. The DTC wine retailer said it was the highest level seen since the peak period during the Covid lockdowns
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NewsWH Smith high street sales down 6% ahead of potential sell-off
The retail chain has confirmed it is in talks to sell its high street business to focus exclusively on the Travel division
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NewsDiageo sells Guinness Ghana shareholding in ‘efficiency and profitability’ drive
Diageo is pursuing an ‘asset-light’ production model for Guinness in Africa
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NewsIsla Délice picks up German-halal brand Gurkan
Isla Délice also own Takul, one of the UK’s fastest-growing halal brands
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NewsDot Dot Bubble Tea wins backing on BBC’s Dragons’ Den
Dot Dot is now focused on securing listings in Waitrose, Sainsbury’s and Tesco
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NewsDeliveroo funds ‘Airbnb for bike parking’ to combat bike theft
Hudjo was started after its two co-founders had their bikes stolen while working as Deliveroo riders
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NewsMedia Bites 28 January: Amazon, WH Smith and high street decline
The papers focus on Amazon drone deliveries and a sale of WH Smith on the high street
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NewsSSP Group maintains guidance following ‘good’ start to new financial year
A recovery at SSP Group has continued to gather momentum, benefiting from strong growth in the travel industry around the world and fewer strike days on the railways in the UK
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NewsCity snapshot: Pets at Home revenue slide continues while AG Barr fizzes
Pets at Home’s revenue drop in the third quarter. AG Barr sees double digit profit growth, and shop prices down for second consecutive month.
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NewsPets at Home sales hit by weak footfall in ‘golden quarter’
Revenues at Pets at Home have fallen in the ‘golden quarter’ as the challenging consumer environment led to fewer customers visiting stores
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NewsAG Barr profits rebound as core brands fizz
Rubicon was the stand-out performer with another year of double-digit growth.
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NewsJanuary promotions keep prices down, but tough times are ahead
Food inflation eased yet food prices continue to rise at their fastest rate since April 2024
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Comment & OpinionWas ruling out an £8bn Guinness sale genius or insanity?
There are compelling reasons for a Guinness offload, but such a move would have been a huge gamble for Diageo
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NewsVegan Food Group strengthens board with UK MD and CFO
The Vegan Food Group has strengthened its board with the creation of a new UK managing director role and the appointment of a new CFO
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NewsImpossibrew smashes crowdfunding campaign to raise more than £1m
The brand uses natural nootropics and adaptogens to create a 0.5% beer that gives drinkers a ‘one or two pints feeling minus the downsides’
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NewsProfit warnings ramp up across retailers in ‘golden quarter'
Profit warnings at UK retailers ramped up in the final ‘golden quarter’ of the year as consumer confidence remained under pressure
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NewsHotel Chocolat enjoys ‘most successful’ Christmas ahead of latest US push
Hotel Chocolat enjoyed record Christmas sales in 2024
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NewsCity snapshot: WH Smith confirms high street sell-off talks, while Diageo rules out Guinness sale
WH Smith is exploring a potential sale of its high street stores in a bid to become a pure-play travel business, and Diageo rules out a sale of Guinness