All Finance articles – Page 86
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NewsForest Feast owner Kestrel snaps up Indie Bay Snacks from Nurture Brands
The premium pretzel brand, launched by Dafna Bonas in May 2016, sells its low-calorie and low-fat snacks in the grocery, travel and DTC channels
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NewsPure Pet Food fetches £15m backing to support growth
Set up by childhood friends Daniel Valdur Eha and Mathew Cockroft in 2013, the Yorkshire-based business today employs more than 100 staff and serves in excess of 40,000 regular subscription customers
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NewsHip Pop welcomes former Olipop CFO as investor and strategic advisor
Phil Trowler has taken an undisclosed stake in the brand
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NewsWhitby Seafood profits dampened by failed Kilhorne Bay acquisition
Whitby’s attempt to buy Kilhorne Bay Seafoods was blocked by the CMA
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NewsCity snapshot: Sharon White appointed Frontier Economics chairman
Dame Sharon White is to take on the role of chairman of economic consultancy Frontier Economics, replacing Gus O’Donnell, who has held the post for the last 11 years
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NewsMedia Bites 21 October: Animal welfare, Halloween, TikTok
Just 2.3% of all animal welfare breaches in the UK are being prosecuted, according to a new report
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NewsGrolsch reduced to 3.4% abv after sales collapse
The move will save Asahi UK 23p in excise duty for every 440ml can of Grolsch sold
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Comment & OpinionNew Labour government losing goodwill gloss already
There are very few sacred cows Rachel Reeves is reportedly unwilling to slay in what she warned this week would be a “difficult” budget
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NewsMedia Bites 18 October: Nestlé, Tesco, retail sales
Tesco and Shell are to buy the entire output of a controversial solar farm under construction on the Kent coast
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NewsCity snapshot: Food sales decline during bad weather and shopper spending restraint
Falling sales in supermarkets has dragged down growth on the high street in September as shoppers cut back on luxury foods, the latest ONS figures revealed
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NewsNFU boss hits out at government’s food sector ‘policy paralysis’
Farmers were growing increasingly frustrated at a lack of concrete policies on a raft of major issues, warned Tom Bradshaw
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Comment & OpinionPerfectTed’s Nespresso pods are a potential game-changer for matcha
With its vibrant green colour and accompanying ’hot-girl’ aesthetic, matcha tea was arguably *the* drink of Charli XCX’s ’brat summer’
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NewsTate & Lyle targeted by US buyout specialist Advent International
Although there is no certainty an offer will be made, it is expected to be higher than Tate & Lyle’s £2.8bn market value
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NewsInfinite Roots secures £2m to explore whey upcycling tech
The German business is working with the Hamburg University of Technology to develop technology to upcycle whey into a fermentation feedstock for its mycelium, paving the way for the creation of new food ingredients and products
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NewsCity snapshot: Nestlé downgrades growth forecasts on weak shopper demand
Nestlé has lowered its growth expectations for the year after a disappointing third quarter as the world’s biggest food company struggled with soft consumer demand. Plus, Tate & Lyle shares boom on takeover speculation, and Deliveroo and Pernod Ricard report quarterly results
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NewsMedia Bites 17 October: M&S, BrewDog, Tate & Lyle
A busy morning in the papers for fmcg sees a spotlight on the latest NIQ supermarket data, BrewDog financial results and takeover speculation at Tate & Lyle
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NewsCollapsed grocer Melrose & Morgan relaunches with DTC proposition
The business’ assets were bought out of liquidation by former head chef Mauro Faure
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NewsBrewDog ‘near return to profit’ founder insists, as pre-tax losses balloon
BrewDog has not recorded a pre-tax profit since the £1.1m it booked in 2019
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NewsIGD veteran Nick Downing joins YF as business development head
Downing spent the past 23 years at IGD, where he was instrumental in expanding the organisation’s commercial arm as part of the executive team
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NewsGosh loses more sales due to plant-based exodus
Gosh said ‘meat mimics’ were under the most pressure in the market, while losses at Enough doubled in 2023