All Finance articles – Page 3
-
NewsDanone’s €1bn takeover of Huel to face competition probe
Danone announced the deal in March as part of a company strategy to expand into functional nutrition
-
NewsJames Watt launches new bid to buy back BrewDog
Watt was unsuccessful in a previous attempt to buy back BrewDog before its sale to Tilray
-
NewsHoly Moly outlines global avocado ambitions with Westfalia Fruit collaboration
Fresh dips challenger Holy Moly is aiming to become the world’s number one avocado brand after securing investment, and agreeing a collaboration with Westfalia Fruit, The Grocer can reveal
-
NewsB&M turnaround hits snag as UK sales decline faster
While UK revenues nudged up by 0.3% year on year to £1.1bn, like-for-like sales in the group’s home market declined by 2.3% in the 13 weeks to 27 June
-
NewsPremium products to drive $79bn expansion in petfood market over next decade
Industry analysts from Bloomberg Intelligence predicted the market would grow 70% to $192bn by 2035
-
NewsButlers’ fire pushes cheesemaker to first loss since 2012
Butlers lost a warehouse and hundreds of tonnes of cheese in a blaze in November 2023
-
NewsHovis board departs as Allied eyes overhaul
Allied Bakeries has cleared out Hovis’ remaining board members following the completion of the takeover last week. It comes as the latest accounts for Hovis revealed tumbling volumes and ballooning pre-tax losses
-
NewsBrown-Forman CEO Lawson Whiting to retire
The Jack Daniel’s owner has launched the search for a successor, and Whiting will step aside once the search is complete
-
NewsWorld Cup ‘top-up shops’ boost retail sales despite heatwave
Top-up shops and online boosted retail spending during June, according to the latest BRC-KPMG retail sales monitor
-
NewsGlobal Brands blames £2m EPR hit for 93% profit slump
The year to last September had been ‘one of transition’ said Global Brands
-
NewsHealth & wellness brands snapped up in surge in sector M&A
Food and drink sector M&A activity has surged as food groups and private equity snap up fast-growth wellness and functional food brands
-
Feature SynopsisFocus On Plant-Based Meat Alternatives: 22 August
Sales of plant-based meat alternatives are sluggish as shoppers’ concerns over UPFs sharpen
-
NewsSweltering Brits avoid the high street in hottest June on record
High street footfall plummeted 6.2% in June, which was England’s hottest on record
-
Comment & OpinionWhy Diageo is betting big on smaller spirits formats
Diageo’s push into smaller spirits bottles is a break from category norms. Will it help the Smirnoff brand owner unlock incremental growth?
-
NewsInternational growth makes up for weak US appetite at PepsiCo
Revenues for the group grew 6.4% to $24.2bn in the quarter to 13 June, with operating profit up 125% to $4bn
-
Analysis & Features‘Hovis is the hero’: CEO Sarah Arrowsmith outlines merger plan
CEO Sarah Arrowsmith on how the newly-dubbed Hovis Bakeries plans to take on market leader Warburtons
-
NewsFairburn’s Eggs betting big on free-range and organic
The Lincolnshire-based producer said its ‘strategic move’ from cage to free-range and organic eggs lifted its gross profit percentage from 10.6% to 11.1%
-
NewsReformed closes £17m Series A round
Reformed combines arabica coffee or ceremonial matcha with collagen or creatine and 21 vitamins and minerals
-
NewsSummer heatwave drives ‘biggest month’ of sales at Dash Water
As well as the hot weather, growing demand for healthier soft drinks was driving sales, Dash said
-
NewsRussell & Atwell launches £700k fundraiser as it eyes retail expansion
The business is aiming to raise £700k to strengthen the brand and accelerate the DTC operation, with a longer-term goal to expand more broadly into retail following a recent launch on Ocado.