All Finance articles – Page 488
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NewsMedia Bites 12 September: ABF, Tesco, The Body Shop
The latest results from Associated British Foods come under the media spotlight, with the performance of Primark in particular focus, rather than the food business.
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NewsCity snapshot: Hilton Food Group records first-half sales rise but no mention of Seachill deal
An increase in volumes and the weakness of the pound have boosted Tesco red meat supplier Hilton Food Group in the first half, with a good performance recorded in Australia, Ireland, Sweden and Portugal partly offset by a more challenging market in central Europe. Plus, double-digit rises in the first half for Applegreen.
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NewsHiver launches £350k crowdfunding push to finance expansion
It is offering 8% of its equity via the campaign to finance the expansion of its HQ team and an annual brand push
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NewsOverhang asks crowd for £150k to grow energy drink brand
Drinks start-up company Never Felt So Good is seeking a £150,000 investment from the crowd to grow its Overhang energy drink brand.
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NewsJerome Chevrier to lead Spar International Chinese business
Chevrier has previously managed Carrefour’s regional operations in China
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NewsMoy Park sold to US chicken producer Pilgrim's Pride in $1bn deal
Moy Park has been sold by its scandal-hit Brazilian owner JBS to Pilgrim’s Pride, the second biggest poultry producer in the US
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NewsIsle of Harris Distillers wins funding for whisky development
The first batch of its ‘The Hearach’ Scotch is expected to be bottled from late 2020…
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NewsTulip expands UK base with acquisition of Easey Holdings
Danish Crown-owned Tulip completed the acquisition on 8 September, subject to CMA approval
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NewsDavid Caré joins Wessanen as international sales director
Caré joins from Nando’s, where he was director of international business development
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NewsCity snapshot: ABF buys Italian balsamic vinegar producer Acetum
Associated British Foods has acquired Acetum, an Italian producer of balsamic vinegar of Modena, as it upgrades its full-year earnings forecast due to the weak pound.
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NewsMedia Bites 11 Sep: Sainsbury's, Morrisons, Dairy Crest
Sainsbury’s is kicking off a search for a successor to David Tyler, its long-serving chairman, according to Sky News.
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NewsNestlé hopes to tap vegan boom with Sweet Earth acquisition
Nestlé is the latest global fmcg giant to snap up a plant-based food business as it hope to re-energise flagging sales by tapping booming consumer demand for vegetarian and vegan products.
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NewsMcBride bounces back from bruising price war
Own-label supplier McBride was an early victim of the supermarket price wars as heavy branded discounting squeezed sales, but the household goods supplier appears on the way back.
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NewsLove Cocoa taps crowd to restore Cadbury values
James Cadbury launched his organic chocolate startup in July 2016
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NewsTyphoo faces second year of decline in flagging black tea
Typhoo and PG Tips both suffered delistings in the past year at Tesco
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NewsCity snapshot: Supermarket price inflation remains at 2.4%
Supermarket price inflation remained at its four-year high of 2.4% last month, with Tesco recording the largest increase in year-on-year prices. Plus Greene King’s share price plunges on warning over trading conditions, Diageo kicks off £1.5bn share buyback and all the latest news from the City.
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NewsMedia Bites 8 Sep: Nestlé, Unilever/Pukka, P&G, Tesco
Nestlé and Unilever have sought to respond to rapidly changing consumer tastes with separate purchases of two niche companies in voguish consumer goods sectors.
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NewsRise in food and drink firms gunning for export growth in wake of Brexit
Food and drink producers are more optimistic about their growth prospects than they were a year ago as they plough more investment into expanding their businesses overseas in the aftermath of the UK’s decision to leave the EU, according to an annual industry report.
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NewsMeat, fish & poultry keeps inflation at four-year high
Rapidly rising protein prices are keeping supermarket inflation at four-year highs, according to the latest Grocer Price Index
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NewsUnilever snaps up fast-growing tea brand Pukka Herbs
The deal for an undisclosed sum ’came down to scale and sustainability’ said Pukka