All articles by Harry Holmes – Page 6
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NewsB&M’s share price down 16% after recognition of poor performance
The retailer’s difficulties have caused its share price to halve since the end of 2023
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NewsFever-Tree’s US expansion undeterred by Trump’s tariffs
Fever-Tree sold an 8.5% stake to Molson Coors in January as part of a strategic partnership to expand across the US
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NewsNorthern Monk surge continues but cash remains tight
The company said that, as is common with growth-stage businesses, it is not yet profitable and is funded by private equity
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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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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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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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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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NewsBritish American Tobacco raises guidance after new product launches
Cgarettes still make up around 80% of BAT’s revenue and were worth £9.9bn in the first half of the year
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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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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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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
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NewsBrits rein in food spend in May following Easter splurge
Shoppers are still prepared to indulge but are holding back on some categories, said NIQ
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NewsFox’s Burton’s reaps rewards of merger to boost profits
Fox’s Biscuits and Burton’s Biscuits merged in early 2022 after both being acquired by Ferrero
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NewsPets at Home retail sales maintain drag on thriving vet business
The business said it was impacted by subdued growth in the whole pet sector
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NewsSeabrook owner Calbee ‘disappointed’ by profit slip
Calbee’s profit fall was mainly due to delays expanding its Bradford factory
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NewsYorkshire Tea owner Bettys & Taylors sees sales top £300m for first time
It marks a 40% rise since before the year before the pandemic