All Finance articles – Page 326
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NewsSocial entrepreneur Natalie Campbell named as new Belu CEO
She will replace outgoing CEO Karen Lynch from 1 March
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NewsNon-alcoholic craft brewer Big Drop to seek £1m in crowdfunding
The brand claimed its turnover was ‘edging towards £1m in 2019’
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NewsFeverTree shares crash on profits warning
FeverTree Drinks has warned its annual performance is due to fall “below expectations” despite guiding for a near 10% sales increase.
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NewsMedia Bites 20 Jan: Premier Foods, Which?, Retail sales
Premier Foods enjoyed a Christmas sales boost, Sainsbury’s was crown by Which? as the cheapest supermaker of 2019 and retail sales slumped marking the worst performance since records began
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NewsAvocado supply issues drive Greenyard Fresh to multimillion loss
Greenyard Fresh UK has sunk to a significant loss off the back of a drop in sales caused by “difficulties” with avocados and stone fruit.
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NewsPlanet Organic slumps to loss but sales momentum is strong
Organic supermarket Planet Organic fell to a loss last year as its new private equity owner invested cash to fund growth.
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NewsTrump’s tariffs trigger slump in UK food and drink exports
British food exports to the US fell by a quarter following the introduction of Donald Trump’s punitive tariff regime last year, with the situation now at risk of deteriorating further.
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NewsUK food sales suffer largest drop since 2016
December marked a 1.3% slump in the volume bought across food stores, according to official ONS figures, the largest drop since December 2016
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NewsSkinny Tonic smashes crowdfunding target, raising over £1.4m
The campaign will close today after overfunding by 184%
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NewsCity snapshot: Premier Foods posts growth of 2.6% in crucial third quarter
Premier Foods has posted third quarter growth of 2.6% in its third quarter encompassing the Christmas period. Plus, Cranswick ups full-year profit expectations and trading updates from Devro and French retail giant Casino.
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NewsMedia Bites 17 Jan: ABF/Primark, Nestlé, Vegan products
A raft of store openings and a strong performance on the Continent drove up total sales at ABF’s Primark over Christmas.
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NewsHelloFresh’s first annual profit set to exceed expectations
The news sent shares of the German company soaring as investors welcomed the success of the recipe kit model
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NewsMorrisons promotes Andy Atkinson to group commercial director
David Lepley will replace Gary Mills, who was leaving the business to pursue other interests, said Morrisons
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NewsGoogle acquires retailer online inventory startup Pointy
Pointy builds websites for small and medium-sized stores, optimised to top search rankings
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NewsMüller hails cost-cutting success as it eyes return to profitability
The past 18 months had been ‘very difficult’ said CEO Patrick Müller, but it expected to move back to profitability over the next six months
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NewsABF Christmas sales rise on Sugar recovery
Associated British Foods revenues rose 4% over the crucial Christmas period due to a recovery of Sugar prices and strong Primark trading
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NewsMedia Bites 16 Jan: Greggs/Just Eat, Tesco, Asda
Greggs picks Just Eat for UK-wide delivery service, Tesco’s Thai asset sale under threat from regulatory bodies and Asda prepared to roll-out a “sustainable” store.
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NewsGreggs struggles to meet demand for vegan steak bake
Greggs has launched a ‘Locate a bake’ website where customers can find the nearest store stocking the item
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NewsLakes Distillery to fast-track growth plans after latest multimillion-pound backing
The Cumbria-based distiller issued £4.3m of new equity to investment firm Comhar Capital to support ‘ambitious’ stock build growth and capital expenditure
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NewsSimplyCook secures ‘top up’ £2m investment to drive growth
The fast-growing recipe kit supplier has raised £9m in funding since launching in 2014