All Finance articles – Page 259
-
NewsCity Snapshot: EG Group names former M&S CEO Lord Rose as chairman
Future Asda owner EG Group has appointed former M&S CEO and current Ocado chairman Lord Stuart Rose as non-executive chairman with immediate effect
-
NewsMedia Bites 21 January: Unilever, Co-op, P&S, WH Smith
The papers are packed with reports of President Joe Biden’s inauguration, but find room for stories about Unilever’s living wage plan, a rise in abuse for supermarket workers and latest results from P&G and WH Smith.
-
NewsF&B deals sink to 11-year low as coronavirus pandemic hits industry
Despite encouraging signs of recovery in the final months of the year, M&A volumes slumped 40% to 58 transactions in 2020, the report by corporate finance house Oghma Partners showed.
-
NewsParsley Box secures £5m to ramp up DTC growth
Parsley Box is backed by VC firm Mobeus Equity Partners, which invested £4.6m in the business in 2019. The Edinburgh-headquartered business prepares ambient ready meals for the baby boomer demographic.
-
NewsCity snapshot: WH Smith reports surprise Christmas boost
WH Smith has performed better than expected over Christmas as its high street stores operated at close to 2019 levels despite the ongoing Covid restrictions. Plus, Wincanton upgrades profit forecasts as shoppers turn online. And, inflation rises to 0.6% for December.
-
NewsMedia Bites 20 Jan: Deliveroo, Premier Foods, Food imports
Food delivery giant Deliveroo has reportedly picked London for its hotly anticipated stock market float this year as Next’s chief executive Simon Wolfson joins the board.
-
NewsLindt sales slump as Covid lockdown hits Christmas trading
Group revenues slumped 6.1% to CHF 4bn (£3.3bn) in 2020 as a result of lockdown restrictions across the world and a fall in out-of-home consumption. The fall was in line with guidance the Swiss chocolatier gave at the half year, with expected declines between -5% and -7%.
-
Comment & OpinionWith an IPO in the offing, what will Deliveroo do next?
Analysts predict an expansion of its dark kitchens offering, and on-demand grocery, is on the cards
-
NewsTribal Sports Nutrition secures £420k in crowdfunding campaign
Challenger nutrition brand Tribal Sports Nutrition has raised more £420k from the crowd to bring new products to market and raise brand awareness.
-
NewsCity snapshot: Premier Foods profits jump as branded sales continue to surge
Premier Foods has upgraded its full year profit expectations as consumer demand for its branded goods continues to boom. Plus, Hotel Chocolat posts double-digit Christmas growth despite COVID and all the rest of the latest news from the City.
-
NewsMedia Bites 19 January: Covid, prompt payment, Danone
Supermarkets face increased inspections from local councils to make sure they are Covid-19 secure amid a push from the government to clamp down further on coronavirus transmission.
-
NewsMission Ventures fund backs Jim Jams with £200k investment
Mission Ventures’ Good Food Fund has backed spreads start-up Jim Jams with a £200,000 investment to help scale the business.
-
![clean co gin_and_rum_sceneCCsmall[1]](https://dmrqkbkq8el9i.cloudfront.net/Pictures/100x67/0/2/2/226022_cleancogin_and_rum_sceneccsmall1_233244_crop.jpg)
NewsCleanCo raises glass to £7m investment as nolo category booms
It takes the total investment secured by the company founded by Made in Chelsea star Spencer Matthews to £9.1m since it launched in 2019.
-
NewsCity snapshot: Deliveroo valuation surges to $7bn as it eyes IPO
Food delivery service Deliveroo has raised more than $180m (£133m) from its existing backers as it prepares for a potential stock market flotation.
-
NewsMedia Bites: Salad shortage, Deliveroo, Supreme IPO
Spanish snow storm could lead to UK salad shortage and Deliveroo raises cash as it prepares for a stock market listing
-
NewsWhite Rabbit targets £300k from crowd to back range increase
The crowdfunding push, which follows a surge in demand during Veganuary, is set to go live on the Seedrs platform on 20 January
-
NewsCity unconvinced by Tesco’s Christmas numbers as Booker struggles
The UK’s largest supermarket group announced like-for-like sales growth of 6.7% for the 13 weeks to 28 November 2020
-
NewsSupermarket prices rise as Covid and Brexit reignite inflation
Supermarket price inflation escalated to its highest level for five months in December as coronavirus restrictions and the UK’s imminent exit from the EU reversed deflationary trends in grocery.
-
NewsTyrrells and Popchips acquisitions boost top line at KP Snacks
The addition of Tyrrells and Popchips to KP Snacks’ portfolio of brands has helped boost sales by more than 25%
-
NewsHain Celestial sells Orchard House juice business to private equity firm Elaghmore
Hain Celestial has sold its Orchard House own label juice business to private equity firm Elaghmore as it continues to simplify its European portfolio.