All Finance articles – Page 6
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NewsBeyond Meat brings in hired hand to ‘aggressively’ reduce costs amid losses
John Boken, MD of AlixPartners’ turnaround and restructuring department, is charged with strengthening the balance sheet at the struggling meat alternatives business
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NewsWow Hydrate racked up nearly £50m in losses, report reveals
Wow Hydrate struck multimillion-pound sponsorship deals with big-name sports clubs and stars, such as Manchester United, Harry Maguire and Tyson Fury
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NewsDeliveroo profits surge ahead of DoorDash takeover
The London-based company achieved its first-ever annual profit last year, drawing the attention of DoorDash which agreed a £2.9bn takeover in May
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NewsAu Vodka sales soar but profits halve amid overstocking
The supplier recorded exceptional costs of £3.9m in the year to last April.
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Comment & OpinionWhy time’s up for late payers as struggling SMEs get support
With 38 businesses closing daily due to late payments, the government’s new reforms introducing mandatory payment terms have been welcomed by small businesses struggling with cash flow issues
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NewsUS tariffs ‘risk $2bn in lost sales’, major alcohol trade bodies warn
Wine and spirits were unique products often tied to specific geographical regions around the world, the letter argued.
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NewsFood & drink SMEs hail government crackdown on late payers
The government’s plan will mean a shift to enforced 60-day maximum payment terms when paying SME suppliers, reducing to a 45-day maximum after five year
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NewsFaith in Nature sinks to a loss following IT disruption
Faith in Nature has plunged into the red as a software upgrade caused “significant disruption” at the eco personal care brand
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NewsKFC owner Yum Brands sees Q2 boost but Pizza Hut profits suffer
The fast food corporation’s total revenues jumped 10% to $1.9bn (£1.4bn) in the second quarter
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NewsTHG agrees £100m cash sale of Claremont Ingredients
THG has agreed a £103m deal to sell its Claremont Ingredients business to European flavourings manufacturer Nactarome Group
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NewsCoca-Cola Europacific Partners downgrades revenue guidance but profit healthy
Coca-Cola Europacific Partners has downgraded its revenue guidance for 2025 despite a “solid first half performance” that boosted reported operating profit by 19.4%
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Comment & OpinionFive key takeaways from Diageo’s full-year results
There were few major surprises as Diageo reported a modest rise in sales but missed forecasts for profits in its full-year results on Tuesday
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NewsNaked Wines CEO eyes 2028 for return to growth
Annual results posted on the London Stock Exchange earlier today showed the group’s revenues had fallen 14% to £250m in the year to 31 March 2025
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NewsDoughlicious secures $5m to continue US expansion
The round was led by Rich Products Ventures, the venture capital fund of family-owned US food group Rich Products, and private investor collective The Angel Group, along with backing from existing investors
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NewsOnline high-protein retailer Muscle Food under new ownership
Nick Preston and Ross Carlin bought the Nottinghamshire-headquartered company for an undisclosed sum from previous owner The GPS Food Group
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NewsSticks’n’Sushi B2B and catering arm ‘rapidly accelerating’
The sushi group described 2024 as a year of ‘transformational change’ as it expanded to 30 sites and three catering and delivery kitchens
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NewsDomino’s profits sink amid lower demand and rising costs
The pizza group experienced a 14.8% decline in pre-tax profit to £43.7m in the first half of 2025
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NewsBetter Nature to take the fight to chicken as it secures £1.1m funding
The round will help Better Nature supercharge its sales and marketing initiatives, as well as invest in innovation and widen the appeal of tempeh to more consumers
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NewsIceland Foods hails ‘market leading’ performance despite reports profits have thawed
Iceland reported ‘sales growth ahead of the market’ and ‘market-leading’ volume growth, executive chairman Richard Walker claimed, despite reports of a slump in profit growth
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NewsImp & Maker wins £500k investment for luxury hamper business
Luxury food and drink gift company Imp & Maker has won £500k investment to clear its debt and push it into the next phase of growth