All Finance articles – Page 8
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NewsBabease ceases trading as organic babyfood brand’s owner calls in liquidators
It is not the first time the business has been forced to call in insolvency practitioners, with Babease previously saved in a pre-pack administration deal in 2019
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NewsIsle of Barra Distillers crowdfunds £800k to fuel first whisky launch
The business is currently building a new £12m single malt distillery on Barra
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NewsRémy Cointreau abandons 2030 sales target amid tariff uncertainty
Tariff uncertainty and a slowdown in US spirits have hit sales and profits at the French spirits group
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NewsWH Smith to complete sale of high street stores within weeks
In a trading update, WH Smith gave a picture of what the slimmed-down company will look like in future
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NewsMedia Bites 4 June: BAT, Amazon, HelloFresh, Remy Cointreau, Diageo and Oreos
A quiet morning in terms of major grocery news which may come as a relief to many in the industry given the drama of recent weeks
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NewsB&M admits it must do better as profits slump
Former CEO Alex Russo stepped down in February after the company issued a profit warning
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NewsMicroSalt hails ‘transformational year’ as fmcg giant signs up
MicroSalt said it has started receiving ‘regular and repeating’ orders from ‘one of the world’s leading food and beverage companies’
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NewsGriddle raises £500k to help accelerate frozen waffle growth
Investors include former St Pierre Bakery CEO David Wagstaff, who will become non-executive chairman
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NewsCharlie Bigham’s profits soar from growing brand awareness
Revenues at the company rose 8.8% to £144.3m in the year to 31 August 2024 as volumes jumped by the same amount
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NewsEagle Eye shares down 40% after US grocer cuts contract
Eagle Eye powers loyalty programmes for supermarkets including Tesco, Asda and Morrisons
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NewsPlanet Organic losses narrow after year of ‘meaningful progress’
Founder Renée Elliott and new MD Mark Broomfield focused on stabilising Planet Organic’s cost base by closing stores
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NewsPernod Ricard to make ‘choiceful’ UK marketing bets after wine arm sale
With spirits in decline, not all of Pernod Ricard UK’s brands will receive an uptick in investment
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NewsMy Fabulosa eyes global growth with major factory expansion
The company’s European turnover grew significantly last year, offsetting a decline in the UK
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NewsHarry Kane backs functional drinks brand Vital
Kane has previously backed numerous food and drink brands including Bio&Me, Urban Legend and 3Bears
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NewsUK business confidence rebounds to nine-month high
Two new surveys have shown business confidence returning to its highest level since August last year
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NewsMedia Bites 30 May: Trump tariff chaos, Asda sales fall, baby formula, drought
Trump’s tariffs can proceed, for now, according to an appeal court
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NewsChAI creates simpler, cheaper hedging tool for fmcgs
ChAI Protect offers food manufacturers and grocery brands price risk protection ‘at a time of unprecedented commodity pricing volatility’
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NewsBulmers owner C&C Group pleases shareholders with return to profitability
The cidermaker’s share price sank by about 18% in March after it said its annual earnings would miss expectations
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NewsAdnams losses shrink but debts remain ‘unsustainable’
Despite some disposals, Adnams’ net bank debt reduced by just £600k to £15.3m last year
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NewsEG Group profits sink due to ‘adverse weather’
Fuel volumes fell 2.9% due to problems in the US and Germany, plus reduced demand in Australia