All Finance articles – Page 584
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NewsFull-year sales up 12% at Hotel Chocolat
Hotel Chocolat has announced a “slightly ahead” of market expectations 12% rise in sales for the 52 weeks to 26 June
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NewsMedia Bites 12 July: Aldi/Lidl, Brexit, Sugar tax, Retail sales
Aldi and Lidl face threat from weak pound, writes The Financial Times.
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Analysis & FeaturesOC&C Global 50: The 3G Capital/Berkshire Hathaway model
The relentless focus on the bottom line of 3G Capital and Berkshire Hathaway-owned fmcg giants is become increasingly influential in an industry struggling for volume growth.
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Comment & OpinionWill the new leader (Sean Clarke at Asda, that is) trigger the nuclear option?
It’s fitting that Asda chose a day of leadership turmoil to greet its new boss
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Analysis & FeaturesOC&C Global 50: The year of the mega-deal
2015 was the year the trigger was finally pulled on the global mega-deal.
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NewsWessanen snaps up Mrs Crimble’s gluten-free brand
The organic food company behind the Clipper Tea, Kallo and Whole Earth brands has snapped up gluten-free cake maker Mrs Crimble’s.
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NewsRetail leaders urge government to prioritise business rates cut
Retail associations say threat to the economy posed by business rates has reached a “tipping point”
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NewsYoung's Seafood boss Pete Ward steps down
Ward will be replaced temporarily by Bill Showalter, CEO of parent company Young’s Seafood International Holdings
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NewsMedia Bites 11 July: Poundland, Asda, SAB Miller, Diageo, Fever-Tree, sugar tax, Brexit
Steinhoff is applying the finishing touches to a £600m-plus takeover bid for Poundland ahead of this Wednesday’s bid deadline; new Asda boss could “easily lose” new price war; and food and drink industry calls for sugar tax to be mothballed in wake of Brexit
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NewsCity snapshot: McBride upgrades profits forecast
Profits will be better than expected at McBride but sales are 2% lower
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NewsThe OC&C Global 50 rely on M&A activity to drive sales growth
The globe’s fmcg players are increasingly finding organic growth hard to come by
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Analysis & FeaturesOC&C Global 50: Can the fmcg giants handle Brexit shock?
The Brexit decision has stunned already struggling global markets, with weakest post-recession growth for OC&C Global 50
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NewsHiggidy goes into the red despite soaring sales of premium pies
Higgidy has recorded another year of double-digit sales growth
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Analysis & FeaturesBrexit already dampening price deflation at the mults
Brexit is widely expected to have an inflationary impact on food prices
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Analysis & FeaturesSupermarket shares hit by new price war fears
Growing rumblings of a new front in the already brutal supermarket price war
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NewsMars invests £23m into King’s Lynn manufacturing site
The investment is expected to create 28 jobs on the Uncle Ben’s Ready to Heat line
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NewsTate & Lyle blames EU for soaring losses
Annual losses have ballooned at Tate & Lyle, with the company blaming an EU sugar regime that favours its competitors
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NewsUK consumer confidence collapses after Brexit
UK consumer confidence has taken its biggest knock for 21 years after the UK’s vote to leave the EU
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NewsMedia Bites 8 July: M&S, ABF, Danone
The continuing troubles of Marks & Spencer in general merchandise dominate the headlines this morning after it reported a 8.9% like-for-like first quarter sales drop in the division.
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NewsButterkist owners selling up to cash in on popcorn boom
The private-equity owner of Butterkist is lining up a sale of the brand to capitalise on booming demand for popcorn…