All articles by Harry Holmes – Page 7
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NewsMondelez expects drop in earnings due to ‘unprecedented’ cocoa costs
The chocolate maker’s share price is down almost 30% over the past year
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NewsCity snapshot: Obesity drug Wegovy up 50% plus fruit & veg sales soar
Its a healthy morning as Novo Nordisk says sales of its obesity drug, Wegovy, rose 57% last year while Brits are buying more fruit & veg to stay healthy and keep costs down
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NewsNew year health kick sees fruit & veg sales rocket
Half of all UK households now say they cook from scratch most days
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NewsTony’s Chocolonely sales hit €200m but losses mount due to record cocoa prices
The strong growth came amid a tumultuous year for chocolate makers as cocoa prices hit record highs
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NewsPepsiCo misses sales forecasts due to weak US demand
Shares in the company fell 2% in pre-market trading
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NewsCity snapshot: Diageo’s shares slip after scrapping sales forecast
Diageo shares have slipped in early trading after the drinks giant issued a crucial set of half-year results. Also, supermarket sales keep rising in January
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NewsDiageo removes medium-term sales guidance as US tariffs loom
The drinks giant blamed economic and political uncertainty for the removal of a medium-term target
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NewsWH Smith shares surge as investors welcome potential high street sell-off
The share price rose 8% following the results on Wednesday, bringing its total gain for the week to more than 12% as investors welcomed news of the potential for a more focused travel group
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Comment & OpinionWho would buy WH Smith’s high street stores? And why?
News of the proposed sale of WH Smith’s high street stores did not come as a surprise – but it would be foolish to bet against the retailer
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NewsScience in Sport reset now ‘well underway’
The sports nutrition business saw revenue finally pick up in the second half of the year
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NewsGusbourne falls back on DTC as wine sales stutter
Direct sales now make up a third of the English wine maker’s revenue
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NewsCity snapshot: Fever-Tree shares up 16% after Molson Coors buys stake
Molson Coors is buying a 8.5% stake in Fever-Tree for £71m as part of a long term partnership in the US, Liberation Labs closes a $50.5m fundraise, and retail crime hits all time high.
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NewsMolson Coors buys 8.5% stake in Fever-Tree as part of US tie-up
Fever-Tree co-founder and CEO Tim Warrillow called it a ‘transformational step’
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NewsDiageo sells Cacique rum to La Martiniquaise
It’s the second brand sold by Diageo in six months
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NewsCity snapshot: WH Smith high-street sales slides but Morrisons is on the up
WH Smith’s high-street stores saw sales fall 6% as the company gears up for a potential sell-off. Morrisons delivered its strongest quarter for almost four years
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NewsNaked Wines give investors first glimpse of possible turnaround
Naked has pivoted away from attracting customers through heavy discounting
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NewsWH Smith high street sales down 6% ahead of potential sell-off
The retail chain has confirmed it is in talks to sell its high street business to focus exclusively on the Travel division
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NewsIsla Délice picks up German-halal brand Gurkan
Isla Délice also own Takul, one of the UK’s fastest-growing halal brands
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NewsDot Dot Bubble Tea wins backing on BBC’s Dragons’ Den
Dot Dot is now focused on securing listings in Waitrose, Sainsbury’s and Tesco
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NewsDeliveroo funds ‘Airbnb for bike parking’ to combat bike theft
Hudjo was started after its two co-founders had their bikes stolen while working as Deliveroo riders