All articles by Harry Holmes – Page 12
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NewsJNCK Bakery raises £200k to support Tesco launch
JNCK became one of Tesco’s latest recruits for its new Accelerator Programme
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NewsKinKind hits target for UK and US expansion
The business makes plastic and water-free bathroom products
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NewsTazaki Foods buys Finnish wholesaler to boost Japanese food presence
Tazaki Foods is the largest importer and distributor of Japanese food and drink in the UK
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NewsKepak buys Summit Foods to enter sandwiches and frozen for first time
Summit Foods specialises in chilled and frozen convenience foods
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Category ReportWhat is the future of the booze aisle?
To reverse sliding alcohol sales, merchandising is becoming more inventive and tech-savvy – from walk-in chillers to AI sommeliers
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Analysis & FeaturesThe Top 150 UK Food & Drink Supplier Rankings & Report 2024
Almost half the UK’s 150 biggest food and drink manufacturers increased sales by 10% or more in 2023 – but margins are still being squeezed. What next for the ‘recovery phase’?
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NewsTop 150 food and drink brands fight off own-label challenge
Revenues at the UK’s top 25 branded companies grew 19% in 2023, ahead of a grocery average of 9.3%, O&C analysis of the top 150 UK food & drink suppliers found
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NewsMedia Bites 31 October: Budget reaction, Kraft Heinz, Starbucks
Unsurprisingly, the front-pages this morning are all about Rachel Reeves’ first budget
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Comment & OpinionLabour’s budget gamble leaves businesses scrambling for cash
Labour is hoping it can both raid corporate pockets and simultaneously stimulate growth
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NewsThe budget as it happened and what it means for fmcg
Rachel Reeves confirms this budget will raise taxes by £40bn
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NewsFullers Foods’ sales surge in ‘landmark’ year
It is the company’s first full year after its sale to private equity
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NewsRude Health bought by Finland’s Oddlygood
The terms are undisclosed but Rude Health was valued at over £70m in 2020
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NewsCity snapshot: Consumers ‘despondent’ ahead of Labour’s first Budget
Confidence had been returning but has now fallen for three months in a row, according to GfK’s monthly index. Plus, Remy Cointreau downgrades guidances after sales fall 16% in the first half of the year.
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NewsCity snapshot: Unilever’s shares rise after beating expectations
Unilever and Danone both beat third-quarter sales expectations thanks to selling more products. Also, Kerry Foods continues to battle deflation, and Applied Nutrition announces its valuation before the IPO on Thursday
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NewsCoca-Cola exceeds quarterly expectations due to higher prices
The drinks giant got a boost from higher prices that offset a surprise drop in volumes
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NewsCapvest continues food rebuild with further M&A for Second Nature Brands platform
CapVest was historically a major player in UK food and drink before it sold Valeo Foods and Eight Fifty Food
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NewsCity snapshot: Reckitt’s revenues slide as restructure progresses
Reckitt CEO Kris Licht said its Q3 performance is in line with guidance and it is on track to deliver net revenue and profit targets for 2024. Plus, a Heineken trading update
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NewsOceanSaver returns to the crowd as sales soar
The business sells a range of plastic-free, plant-based cleaning products
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NewsLindt loses market share as chocolate prices rocket
The Swiss chocolatier said its Lindor and Excellence brands were performing strongly