All articles by Harry Holmes – Page 5
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NewsHaleon profits rise as toothpaste and vitamins given boost
The Sensodyne owner was spun off from drugmaker GSK in 2022
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NewsCrosta Mollica turnover soars following private equity buyout
Crosta Mollica launched its first pizzas in 2009 and these continue to be its biggest strength
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NewsThatchers bucks falling cider sales to notch record year
Thatchers’ market share is now almost 20% as it took sales from cheaper rivals such as Strongbow
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NewsTaylors Snacks sales swell following Mackie’s exit
The Taylor family initially launched a range of crisps in 2009 as a joint venture with Scottish food group Mackie’s
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NewsDanone confident in turnaround as sales surpass expectations
Danone wants to be ‘a truly science‑based, consumer and patient‑centric company’
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NewsCity snapshot: AB InBev revenue hits record high
AB InBev’s revenue was boosted by more expensive beers although a 19% fall in volumes in China could worry some investors. Also, Glanbia reports full-year results
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NewsGlanbia sales pumped by shoppers’ taste for protein
Optimum Nutrition and Isopure, two of Glanbia’s core protein brands, both delivered double-digit volume growth
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NewsSalford Rum crowdfunds £250k in less than one hour
The rum is listed in Morrisons, Waitrose and Co-op, with the business valued at £2.7m
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NewsEnglish winemaker Gusbourne board backs move to go private
The idea was initiated by majority shareholder and former Conservative politician Lord Ashcroft earlier this month
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NewsCity snapshot: Unilever CEO Hein Schumacher in shock exit
James Edwardes Jones, an analyst at RBC Capital Markets, said he was ‘gobsmacked’ by Schumacher’s departure. Also, McBride confirms half-year results
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NewsUnilever CEO Hein Schumacher to step down later this week
He will be replaced by Fernando Fernandez, Unilever’s current chief financial officer
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NewsRude Health profits doubled prior to Oddlygood buyout
Rude Health is bucking a category slowdown in plant-based milks, which saw overall volumes drop 2% last year
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NewsCity snapshot: Retailers dealt fresh blow as consumer confidence sinks further
Even Gen Z – ‘the most upbeat generation on the economy and their own finances’ – saw a drop-off in optimism
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NewsGXO purchase of Wincanton could raise costs for supermarkets, says CMA
GXO agreed to acquire Wincanton in April 2024 but the takeover was subject to checks
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NewsOnline farmers market breaks crowdfunding target of £200k
Wylde Market operates a weekly market for fishermen, farmers, and foragers to sell directly to online customers
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NewsChallenger brand ’one-stop shop’ created in multimillion-pound merger
Media agency MNC said it will create a ‘new paradigm that fuses media, advisory and venture funding’
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NewsCity snapshot: Food inflation rose to 3.3% in January
It was up from 2% in December as meat, bread and cereals drove the greatest price hikes. Plus, Arla publishes its annual figures
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NewsSky Wave Gin exceeds £100k crowdfunding target for ‘global expansion’
It is the second crowdfunding round for the distillery, following a £200k raise in 2022
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NewsCity snapshot: Kerry Group profits up 8% as prices fall
Kerry said numerous markets remained subdued with performance normalising compared to recent history. Also, British wage growth accelerates
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NewsKerry Group sees profits boost ahead of dairy sell-off
Kerry agreed to sell its Irish dairy operation last year to help simplify the business to a pure ingredients company