All Finance articles – Page 38
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NewsBrown-Forman forecasts sales and profit declines citing tariffs
Brown-Forman is less exposed to tariffs than other booze suppliers as it has a large US production presence
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NewsB&M’s share price down 16% after recognition of poor performance
The retailer’s difficulties have caused its share price to halve since the end of 2023
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NewsCost price increase requests being rejected by supermarkets
A poll of more than 50 food and drink suppliers shows more than 90% have looked to pass on increased costs averaging 1-6% this year
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NewsFever-Tree’s US expansion undeterred by Trump’s tariffs
Fever-Tree sold an 8.5% stake to Molson Coors in January as part of a strategic partnership to expand across the US
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NewsPladis enters Uzbekistan markets as it aims for central Asia expansion
Pladis is planning to take its Ülker brand to new heights
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NewsNorthern Monk surge continues but cash remains tight
The company said that, as is common with growth-stage businesses, it is not yet profitable and is funded by private equity
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NewsBabease ceases trading as organic babyfood brand’s owner calls in liquidators
It is not the first time the business has been forced to call in insolvency practitioners, with Babease previously saved in a pre-pack administration deal in 2019
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NewsIsle of Barra Distillers crowdfunds £800k to fuel first whisky launch
The business is currently building a new £12m single malt distillery on Barra
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NewsRémy Cointreau abandons 2030 sales target amid tariff uncertainty
Tariff uncertainty and a slowdown in US spirits have hit sales and profits at the French spirits group
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NewsWH Smith to complete sale of high street stores within weeks
In a trading update, WH Smith gave a picture of what the slimmed-down company will look like in future
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NewsMedia Bites 4 June: BAT, Amazon, HelloFresh, Remy Cointreau, Diageo and Oreos
A quiet morning in terms of major grocery news which may come as a relief to many in the industry given the drama of recent weeks
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NewsB&M admits it must do better as profits slump
Former CEO Alex Russo stepped down in February after the company issued a profit warning
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NewsGriddle raises £500k to help accelerate frozen waffle growth
Investors include former St Pierre Bakery CEO David Wagstaff, who will become non-executive chairman
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NewsMicroSalt hails ‘transformational year’ as fmcg giant signs up
MicroSalt said it has started receiving ‘regular and repeating’ orders from ‘one of the world’s leading food and beverage companies’
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NewsCharlie Bigham’s profits soar from growing brand awareness
Revenues at the company rose 8.8% to £144.3m in the year to 31 August 2024 as volumes jumped by the same amount
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NewsEagle Eye shares down 40% after US grocer cuts contract
Eagle Eye powers loyalty programmes for supermarkets including Tesco, Asda and Morrisons
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NewsPlanet Organic losses narrow after year of ‘meaningful progress’
Founder Renée Elliott and new MD Mark Broomfield focused on stabilising Planet Organic’s cost base by closing stores
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NewsPernod Ricard to make ‘choiceful’ UK marketing bets after wine arm sale
With spirits in decline, not all of Pernod Ricard UK’s brands will receive an uptick in investment
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NewsMy Fabulosa eyes global growth with major factory expansion
The company’s European turnover grew significantly last year, offsetting a decline in the UK
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NewsHarry Kane backs functional drinks brand Vital
Kane has previously backed numerous food and drink brands including Bio&Me, Urban Legend and 3Bears