All Finance articles – Page 270
-
NewsMinor Figures receives major investment from Danone’s VC arm and Green Monday
Plant-based beverages player Minor Figures has received a major investment from Danone’s venture capitalist arm and Hong Kong-based social enterprise player Green Monday Group
-
NewsOnline drinks retailer Spirit.Ed falls into administration
The owner of online drinks retail and wholesale group Spirit.Ed, previously 31Dover, has fallen into administration following a period of “difficult” trading and an inability to raise new funding
-
NewsCity snapshot: Tate & Lyle boosted by global reformulation drive
Tate & Lyle has posted double digit sales and profit growth from continuing operations as the drive to reformulate food and drinks boosted its performance. Plus trading updates from Poundland owner Pepco and British American Tobacco.
-
NewsMedia Bites 9 June: CO2, inflation, Tesco, John Lewis
Britain’s biggest fertiliser producer and carbon dioxide supplier to the country’s meat, beer and soft drinks sectors is to close one of its plants as soaring energy costs continue to bite.
-
NewsPlant-based brand This to advertise crowdfunding campaign in UK chicken shops
The unorthodox campaign will target “a mainstream, meat-loving audience” with window and in-store ads
-
NewsGluten-free bakery Genius Food acquired by German confectionery giants Katjes
Katjes VC arm Greenfood acquired the gluten-free bakery group for an undisclosed amount but said it was its largest acquisition to date.
-
NewsMedia Bites 8 June: M&S, Petrol prices, Tesco
The top three executives at Marks and Spencer could earn more than £15m between them for the current financial year if they hit targets
-
NewsCity Snapshot: WH Smith appoints new chairman to succeed Henry Staunton
Annette Court will join the board of the retailer as a non-executive director and chairman designate on 1 September and take over Staunton’s position on 1 December.
-
NewsMoody’s upgrades Premier Foods on ‘resilient performance’
Ratings agency Moody’s said the company maintained strong key credit ratios and has built sufficient headroom to withstand continued industry headwinds
-
NewsCity snapshot: Retail sales slide amid soaring prices and drop in major purchases
UK retail sales fell back 1.1% in May as the cost-of-living crunch blunted consumer demand and consumers shunned higher value items
-
NewsMedia Bites 7 June: Sainsbury’s, alcohol-free beer, petrol prices
Sainsbury’s revealed its chief executive received pay worth £3.8m in the latest financial year even as it rejected calls from big investors for it to ensure all workers in its stores receive a living wage.
-
NewsOrnua hails ‘record’ year as turnover hits $2.5bn in 2021
Despite ‘persistant challenges’, the dairy company has seen turnover rise to €2.5bn, an increase of 6.9% year on year
-
NewsLixir secures seven-figure funding to ‘catapult’ it to next stage of growth
New strategic investors joined with existing backers, including former Pernod Ricard commercial director Chris Ellis, to invest £1.1m in the future growth of the brand.
-
NewsFootballer Chris Smalling launches eco-friendly VC fund
ForGood will invest between £50,000 and £1m in businesses addressing environmental issues, such as climate change.
-
NewsMedia Bites 6 June: MFG, Grubhub/Just Eat Takeaway, Unilever
One of the world’s biggest oil producers is contemplating a multibillion pound takeover bid for Motor Fuel Group
-
NewsCity Snapshot: Gusbourne reveals sparkling growth on Covid recovery
Revenues have almost doubled at Gusbourne as the English wine maker emerged from the pandemic with a growing online presence.
-
NewsUnited Biscuits sales drop amid ‘unprecedented’ year
The UK’s biggest biscuit maker United Biscuits suffered a drop in sales and profits last year due to “unprecedented challenges” in the category
-
NewsCity News: B&M shares plummet on sales and profits downturn
B&M was a clear winner from the pandemic as its stores stayed open through lockdowns, but the City sent its shares down by double digits on Tuesday amid concerns over changing leadership and a downturn in sale and profits
-
NewsBrewDog narrows losses thanks to efficiencies and jump in sales
Punk craft beer brand BrewDog has narrowed its losses as NPD and growing supermarket distribution helped revenues jumped 21% last year.
-
NewsMedia Bites 1 June: Unilever, B&M, Brewdog
The appointment of the Trian Fund Management founder has heightened expectations of a drastic overhaul at Unilever