All Finance articles – Page 28
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News
Arla and German dairy giant DMK announce plans to merge
The merger ’represents a union of shared values and complementary strengths’, the pair said
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News
Home-cooked dogfood company Different Dog raises £10m
The £10m will be used to build a new ‘state-of-the-art facility’ in Telford, the ‘dog capital of the UK’
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Diageo swaps US Cîroc rights for stake in LeBron James’ Lobos 1707 tequila
Diageo will retain the rights to Cîroc in global markets including the UK
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News
Eco cleaning brand Smol edges closer to profitability
Smol has prioritised growth since it raised $34m in a series B round in 2021
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News
Media Bites 8 April: recession fears, largest Cadbury Creme Egg, matcha shortages
Much of today’s press continues to focus on Donald Trump
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News
City snapshot: Hilton Foods’ profits up 15% off strong volume growth
The business is set to expand its international presence with a launch into Saudia Arabia next year
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News
Distressed craft brewers ‘not attractive’ acquisition targets, insolvency firm warns
Many craft breweries in recent years have been sold for valuations far below those given in previous fundraising founds
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City snapshot: Applied Nutrition’s revenue grows on strong UK demand
The company said it did not expect to be materially impacted by US tariffs as it has ‘a number of options’ to mitigate the impact
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Media Bites 7 April: tariffs, Tesco, Asda, ABF, Kellogg’s
The trade war kicked off by US president Donald Trump resulted in near-total domination of the media’s business reporting this weekend. Markets opened in the Far East and the ’bloodbath’ in the financial markets is getting worse
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Comment & Opinion
Trump’s ‘Liberation Day’ tariffs are merely an amuse-bouche
The consensus in the trade (and the City) is that UK food and drink suppliers have got off lightly when it comes to exports
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News
Egg giant Eurovo enters the UK with purchase of Two Chicks
Eurovo is one of the largest European egg producers, sold in over 40 countries and with annual sales over €1.25bn
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News
City snapshot: British food stocks provide safe haven amid market rout
As the FTSE 100 fell around 1.5% yesterday, several fmcg stocks were up around 3%. It was a different picture, however, across the Channel
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News
Controversial Cranswick ‘mega farm’ plans rejected by local council
Councillors rejected the plans due to its impact on ecology and climate change
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News
Sierra Tequila owner Stock Spirits buys UK distributor The Drinks Company
The deal will bring UK distribution of Sierra Tequila – the number one tequila in the off-trade – under Stock Spirits’ direct control
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News
Trump tariffs ‘shouldn’t dampen prospects’ for sparkling wine, Chapel Down boss says
Chapel Down hopes to win 1% share of global champagne by 2035
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Former Marks & Spencer co-CEO joins Sainsbury’s in board shake-up
It marks a return to retail for Katie Bickerstaffe, since she stepped down from her role as joint co-CEO of M&S in July 2024
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Co-op profits quadruple but business warns of stiff winds ahead
Its profit growth was led by strong improvements in food and life services
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Chapel Down pledges ‘return to full profitability’ in 2025
It had been ‘a tougher year’ for the supplier but things were looking up, chairman Martin Glenn insisted
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News
M&S chairman: online grocery is ‘a desert of profit’
‘There’s been more wealth destroyed by people trying to develop food online businesses than any other industry I can think of,’ said M&S chairman Archie Norman.
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News
Media Bites 2 April: Trump tariffs, Asda, inflation, Wild, Tobacco, 7-Eleven
Much of today’s press focus is on Donald Trump and speciifcally the US president’s so-called ’Liberation Day’ tarrifs