All Finance articles – Page 4
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NewsMedia Bites 19 September: Brexit labelling, Asda, John Lewis
As the government ends ‘not for EU’ labelling, the papers scrutinise Mohsin Issa’s decision to step down at Asda
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NewsTuggs secures seven-figure investment to bolster insect dogfood brand
Insect-based dogfood startup Tuggs has used a £1.1m investment round to boost growth and make its supply chain more sustainable
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NewsCost saving and ‘inflation mitigation’ sustains profits at Lucozade Ribena Suntory
The reporting period pre-dates disruption that has hit the supplier this year, however
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NewsStuart Rose-led team to replace Mohsin Issa at helm of Asda
Rose, the former Marks & Spencer boss who became Asda chairman in 2021, will run Asda alongside Rob Hattrell, a partner at joint owner TDR Capital
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NewsCampari CEO Matteo Fantacchiotti unexpectedly resigns after just five months
A leadership transition committee has been formed to seek a replacement for Fantacchiott
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NewsMedia Bites 18 September: Tesco AI, Brexit disaster, choccy horror, Pret success
Tesco is planning apply AI to customer data from its Clubcard loyalty discount scheme to “nudge” shoppers into making healthier choices and reduce waste
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NewsCity snapshot: PZ Cussons profits plunge amid currency devaluation in Nigeria
PZ Cussons has moved a step closer to selling off its troubled African business as the personal care group reveals sales and profits in the past year plummeted. Plus, the latest UK inflation and supermarket growth data, and full-year results from Supermarket Income REIT
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NewsTHG shares crash again as Ingenuity demerger plans revealed
Shares in THG have plunged today, as a warning that profits would be at the low end of forecasts took the shine off plans to split the e-commerce giant into two separate companies
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NewsCampari buys stake in Bunnahabhain whisky brand owner CVH Spirits
CVH Spirits also owns scotch whisky brands Tobermory, Deanston and Black Bottle
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NewsMedia Bites 17 September: Oxford Street, remote working, Amazon, THG, Brexit checks
London’s Oxford Street is to be pedestrianised in a “major regeneration” plan announced by Sadiq Khan
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NewsCity snapshot: THG explores Ingenuity demerger
Ecommerce giant THG is weighing up a demerger of its Ingenuity platform to help strengthen its balance sheet and reinvigorate the embattled stock. Plus, Mcbride reports full-year results, with better-than-expected profits
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NewsHotel Chocolat appoints new UK CEO to replace co-founder Angus Thirlwell
Lysa Hardy’s promotion is the first major change to the retailer’s top ranks following Mars’ £534m takeover in November 2023
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NewsDeliciously Ella to supercharge growth as Hero Group acquires plant-based food brand
Founders Ella Mills and husband Matthew, who is CEO at the healthy snacking brand, will remain with the company under the new owners to lead the next stage of growth
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Comment & OpinionHow to prepare for 2024’s ‘tale of three Christmases’
Three main cohorts are presenting themselves this Christmas - but they are united on some fronts, says Mail Metro Media’s Luke Hand
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Comment & OpinionWaitrose must focus on price and loyalty to maintain turnaround momentum
The John Lewis Partnership turnaround is “definitely working”, but new chair Jason Tarry has areas to focus on
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NewsPilgrims Choice owner Ornua Foods UK sees sales rise in ‘stable’ 2023 accounts
Pre-tax profits remained unchanged at £11.6m on the back of inflation-busting ‘sustainable pricing structures’ said the subsidiary of Irish dairy co-op Ornua
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Analysis & FeaturesChina-EU trade war: what UK food and drink stands to gain… and lose
Tensions between Beijing and Brussels are running high – and UK pork and alcohol suppliers are watching with bated breath
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NewsMash Gang acquired by alcohol-free beverage group DioniLife
Mash Gang’s beers include Chug IPA and Stoop lager
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NewsMedia Bites 13 September: JLP, Tesco, Mars Kellanova, Boots, junk food
JLP reduced pre-tax losses before exceptional items by 91%
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NewsCity snapshot: General Mills offloads North American yoghurt operations to Lactalis and Sodiaal
General Mills has agreed to sell its North American yoghurt business to French dairies Lactalis and Sodiaal for $2.1bn (£1.6bn). Plus, agricultural supplies group Wynnstay appoints new CEO