All Finance articles – Page 50
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Comment & OpinionThree reasons ABF is now talking to Hovis about Kingsmill
There is no guarantee a Best of Both merger will be a success for Kingsmill and Hovis
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NewsMedia Bites 9 May: trade deals, tariffs and empty shelves
It was wall-to-wall trade deal talk yesterday, with Trump calling the US-UK agreement ‘comprehensive’, despite it being anything but
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Comment & OpinionWhy consumer health is the next big growth driver in fmcg
The relentless pressures on public health institutions have forced consumers to think more about self-medication, says Warren Ackerman, head of European consumer staples research at Barclays
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NewsCampari misses sales forecasts on ‘soft’ first quarter trading
Revenues at the Aperol supplier declined by 4.2% to €665.6m in the three months ended 31 March
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NewsTariff fears prompt Molson Coors to lower sales and earning forecasts
Molson Coors sales in the three months ended 31 March fell by 11.3% on a reported basis
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NewsGlebe Farm Foods partners with Three Robins to scale gluten-free oat drink production
Glebe Farm Foods’ facilities will produce Three Robins’ oat drinks
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NewsWeightWatchers files for bankruptcy amid GLP-1 drug boom
WeightWatchers said it was navigating a ‘rapidly evolving weight management landscape’
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NewsMedia Bites 8 May: UK-US trade deal, WW bankruptcy, resilient coffee
UK set to agree a trade agreement with the US that would see some loosening of the tariffs and trade barriers imposed by Trump’s liberation day tariffs
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NewsAB InBev profits smash forecasts despite soft volumes
AB InBev, the world’s largest brewer, reported a 7.9% increase in operating profit in the three months ended 31 March
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NewsPoundland adds Modella Capital to ‘shortlist’ of potential buyers
Private equity firm Modella, which recenly bought WH Smith’s high street stores for £76m, is said to be among a handful of bidders for Poundland
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NewsAvara Foods appoints new CEO to succeed departing Andy Dawkins
Andy Dawkins will remain as a non-executive director of Avara Foods Holdings
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NewsMedia Bites 7 May: trade pacts, Jason Tarry, tartare sauce
Government trade deals around the globe dominate the headlines
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NewsReciprocal trade tariffs will force UK small businesses to quit US market, data shows
Importers are concerned about the impact of reciprocal tariffs on US goods as increased costs wreak havoc for British exporters
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NewsKingsmill supplier ABF confirms merger talks with Hovis owner Endless
The mooted deal ‘could be structured as an acquisition of Hovis by ABF, according to analysts’
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NewsDoorDash acquisition of Deliveroo approved by board
US food delivery giant DoorDash is to acquire Deliveroo for £2.9bn
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Comment & OpinionWhy so many fmcg startups fall into a funding gap
What we need is a new playbook – patient capital, operator-led funds, and deal structures that don’t hinge on unicorn outcomes, says Joe Benn, director at MNC
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NewsOppo ice cream disappears from Tesco following ‘pressure on price’
It ‘wasn’t economical for us to continue being a supplier to Tesco’ said Oppo
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NewsValeo acquires Italian sweet bakery manufacturer Freddi Dolciaria
Sponge cake specialist Freddi Dolciaria is headquartered in Castiglione delle Stiviere
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NewsMedia Bites 2 May: UK exports, Amazon results, Harrods cyberattack
Global demand for British goods has suffered its biggest downturn since the height of the pandemic
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NewsPernod sells wine business to Accolade, creating new Vinarchy brand
Pernod Ricard has sold its entire international wine business to the owner of Accolade Wines