All articles by Harry Holmes – Page 5
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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
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NewsGourmet delivery service Farmyard Frozen hits ‘game-changing’ crowd raise
Farmyard Frozen is targeting ’cash-rich, time-poor foodies’ with its restaurant-style meals
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NewsCity snapshot: Virgin Wines returns to profit after cost-cutting mission
Virgin Wines launched several new initiatives last year including new wine discounter Warehouse Wines and a strategic partnership with Ocado
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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
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NewsRed Bull’s fizz finally begins to flatten
The brand’s volume growth eased in 2023 after rising by around 20% for two consecutive years
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NewsCity snapshot: Just Eat’s UK growth cannot prevent global slowdown
Just Eat Takeaway kept up its strong growth in the UK and Ireland but could not prevent a global slowdown led by North America. Plus, the latest supermarket sales data from NielsenIQ and UK inflation figures from ONS
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NewsSt Peter’s continues expansion with Portobello Brewing investment
Suffolk-based St Peter’s has undergone a significant expansion in the last year following the buyout of Curious Brewery and The Wild Beer Co
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NewsBoots’ digital performance fuels quarterly growth of 6.2%
It was Boots’ 14th consecutive quarter of market share growth
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NewsJohn West suffers first loss since 2010 after absorbing price hikes
John West had tried raising prices but suffered a consequent fall in volumes
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NewsUnilever finally completes exit from Russia
Unilever had previously resisted calls to exit Russia
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NewsPrime Time’s functional beer tempts crowdfunders after Waitrose debut
The raise values the company at £14m
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NewsBirds Eye loses market share despite revenue boost
Birds Eye has faced stiff competition since brands began piling into frozen foods
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NewsWhittard back in profit as shoppers return to high street
The tea and coffee retailer saw turnover grow 8% in 2023
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NewsKP Snacks defies inflation to double profits in past three years
Pre-tax profits grew £30m last year as the company boosted margin
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NewsGenius Foods replaces CEO as turnaround continues
Adam Smart leaves the company after 18 months in the job
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Analysis & FeaturesHow can the food industry clean up our rivers?
The public’s ire over river pollution may be directed at the water companies, but how long before it turns to agricultural businesses, the biggest polluters?