All Finance articles – Page 234
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NewsHiggidy to invest £10m at Shoreham HQ with view to doubling sales
The investment followed increased demand for the brand’s products, fuelled by ’the rise in flexitarian and vegan diets’, said Higgidy
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NewsEx-Symington’s boss David Cox named CEO of dogfood maker Forthglade
Cox departed Symington’s following a takeover by Italian dairy and pasta group Newlat Food
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NewsMamamade raises £1.5m in oversubscribed funding round
The pre-seed round was made up of an oversubscribed crowdfunding campaign on the Seedrs platform, with almost £830k raised from more than 300 investors, more than doubling its £400k target.
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NewsCity snapshot: Premier Foods ups profits guidance on continued branded growth
Premier Foods saw sales edge back from elevated levels last year in its third quarter, but has upgraded its earnings expectations on continued strong trading so far in its financial year. Plus trading updates from ABF and Deliveroo and all the rest of the latest news from the City.
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NewsMedia Bites 20 January: Unilever/GSK, inflation, WH Smith
Unilever dominates the headlines once more after saying it won’t pay any more than £50bn for the GSK consumer health arm.
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NewsUnilever halts pursuit of GSK consumer health arm as it refuses to up £50bn offer
Unilever has drawn a line under the rollercoaster takeover attempt, following a chorus of negative feedback from shareholders and analysts
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NewsEcozone snapped up by HG International
Founded 20 years ago by the Van der Molen family, Ecozone produces a wide range of detergents, surface cleaners, dishwasher tablets, bin bags and mops using plant-based and natural ingredients and sustainable packaging.
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NewsAsda, Ocado driverless partner Wayve secures $200m funding
The round is a significant cash injection for the London-based startup, which had previously raised $58m since it was founded in 2017
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NewsCity Snapshot: WH Smith recovery stalls as Omicron hits travel stores
The emergence of the Omicron variant stalled the recovery at the WH Smith travel business, but it still put “a good performance” on the high street in the run up to Christmas. Plus, UK inflation surges in December and trading updates from Science in Sport and Devro.
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Comment & OpinionAmazon’s u-turn could be a victory for Visa in more ways than one
Amazon is not the only retailer rounding on card companies over fees. UK supermarkets are also taking on the major players
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NewsCity snapshot: THG margins fail to meet expectations as revenues surge past £2bn
THG has said its 2021 profit margins will be below market expectations, but has pointed to a recovery in 2022 amid continued strong revenue growth. Plus, Hotel Chocolat raises expectations following strong festive sales growth.
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NewsMedia Bites 18 January: Unilever/GSK, Morrisons, Amazon
The fall-out from Unilever’s pursuit of GSK’s consumer health arm continues to dominate coverage in the papers this morning.
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Comment & OpinionWould £50bn-plus GSK consumer arm acquisition cure Unilever’s headache?
A 7% plunge in Unilever’s share price today has given a pretty clear indication that its investors do not see a £50bn-plus swoop for GlaxoSmithKline’s consumer health arm as the answer to the consumer giant’s problems
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NewsSerious Sweets picks up honeycomb maker Mighty Fine
Serious Sweets supplies the major retailers and the foodservice industry with a range of private label fudge, toffee, marshmallows, brittles and butterscotch
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NewsFreixenet Copestick buys English winery Bolney Estate
Together the two businesses would “aim to realise the opportunities of English sparkling wine and continue to grow Bolney Wine Estate’s position”, said Freixenet Copestick MD Robin Copestick
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NewsMedia Bites 17 Jan: GSK/Unilever, Asda/Boots, WH Smith
Unilever is pursuing an audacious deal for GlaxoSmithKline’s consumer arm after tabling a bid worth £50bn
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NewsUnilever signals intent to continue pursuit of GlaxoSmithKline consumer health arm
Unilever has signalled its intent to reposition its porfolio into higher growth categories and called the GlaxoSmithKline consumer healthcare division “a strong strategic fit” for the group.
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NewsCity rewards Sainsbury’s over the big winners of Christmas Tesco and M&S
If Tesco and Marks & Spencer were the big listed grocery winners of Christmas, they received scant reward from the City this week, which sent shares down on their Christmas trading updates
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NewsCook My Grub kicks off £1.5m funding drive to fuel ten-fold growth in customers
The food delivery marketplace is seeking to raise the cash through a combination of VC, high net-worth individuals and private and angel investors.
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Analysis & FeaturesWho were grocery’s big winners and losers of Christmas 2021?
The mults managed to keep spend flat compared with 2020 (though inflation played a part). Who got what they wished for and who’s hungover?