All Finance articles – Page 290
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NewsCake Box shares tumble after reporting errors uncovered
Shares in AIM-listed bakery chain Cake Box have tumbled almost 22% today after it admitted “inconsistencies” in its financial reporting
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Comment & OpinionWho is Nelson Peltz and what does he want with Unilever?
A titan in the activist hedge fund world, Peltz has plonked his tank on Unilever’s lawn
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NewsGroceries Code Adjudicator reads supermarkets the riot act over inflation
The Adjudicator today published a new set of ’golden rules’ for retailers
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NewsMedia Bites 24 Jan: Unilever, Morrisons, Retail sales
Nelson Peltz’s activist hedge fund Trian Partners has built a stake in Unilever, ratcheting up the pressure on the FTSE 100 company
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NewsCity Snapshot: Pressure intensifies at Unilever as Nelson Peltz’s activist fund buys stake
Unilever’s embattled management team is under more pressure this week as it emerged that Nelson Peltz’s activist hedge fund Trian Partners has built a position in the consumer goods group.
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NewsUnilever’s failed bid for GSK arm leaves management in a precarious position
Unilever announced on Wednesday it would not up its bid for GSK’s consumer arm
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NewsMy Fabulosa reports doubling of sales as it shakes up household
Founder and MD James Sharpe told The Grocer the company was on track to continue its meteoric growth in 2022.
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Analysis & FeaturesBack to the drawing board: what does Unilever do now?
Its £50bn bid for GSK’s consumer healthcare business rejected, can Unilever’s under-pressure management restore City trust?
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NewsCity snapshot: Omicron hits Christmas retail sales
UK retail sales fell back over the crucial Christmas period as Omicron kept shoppers away from stores.
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NewsOmni raises £1.1m to accelerate growth of vegan dog food brand
Vet Guy Sandelowsky and former investment banker Shiv Sivakumar founded the business in 2020 in an attempt to make pet food more sustainable.
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NewsJamaica Rum Vibes wins backing from AB InBev VC fund
It follows the business completing an accelerator programme at Add Psalt, which focuses on growing black-owned brands in UK grocery.
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NewsMedia Bites 21 January: Unilever, Premier Foods, Deliveroo, Associated British Foods
The fallout from Unilever’s disatrous buyout attempt of GSK Consumer Health continues to fill the column inches in this morning’s papers.
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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