Archive of all supplier articles – Page 30
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NewsPrinces back in the black as Newlat deal nears completion
Revenues edged down from £1.74bn to £1.71bn in the year to 31 March 2024 as volumes declined on the back of the group putting up prices, according to newly filed accounts
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NewsBrand Growth Heroes ‘Mini MBA’ produces first graduates
The founders of 10 scaling fmcg challenger brands have graduated from the first-ever Brand Growth Heroes ‘Mini MBA’, led by Fiona Fitzpatrick in partnership with investment bank Alantra
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NewsBird flu risk lower for festive turkeys as supply pivots to crowns
Slaughterings are up significantly since February – pointing to moves by processors to even out supply across the year
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NewsCity snapshot: Heineken raises profit forecasts on 'solid' half
Top story Heineken has raised profits guidance for 2024 despite poor weather in Europe and currency challenges as volumes increased in the first half. Net revenues increased 6% to €14.8bn in the six months to June, mainly driven by growth of the Dutch brewer’s largest operating companies ...
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NewsAldi sells most free-range eggs of any UK supermarkets
The retailer overtook Tesco in the latest 12 week period, Kantar data shows
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NewsOatly upgrades growth forecasts as it makes ‘solid progress’
Revenues in the second quarter nudged up 3.2% to $202.2m, with “solid” volume growth in each of its divisions
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NewsWhitworths returns to pre-tax profit as sales boom
Whitworths is looking ahead to “an exciting year” after the dried fruit and nuts brand bounced back into the black on the back of double-digit sales growth
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NewsCity News: Unilever shares soar as turnaround picks up pace
Investors ignored missed sales forecast at Unilever in favour of big beats to margin improvement targets to send shares at the Hellmann’s and Magnum supplier soaring to the top of the FTSE 100 on Thursday
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NewsDanone and Microsoft unveil major AI partnership
The multiyear collaboration with the tech giant includes the creation of a Danone Microsoft AI Academy, tasked with improving staff AI literacy
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NewsCity snapshot: Unilever misses Q2 sales targets but makes profitability progress
Unilever has missed growth expectations in its second quarter as prices softened and CEO Hein Schumacher continued with a turnaround plan. Plus, half-year results from Nestlé and British American Tobacco, a full-year trading update from Virgin Wines and a Q1 update from Tate & Lyle
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NewsEurope Snacks set for new PE ownership as One Rock finalises acquisition
The own-label crisps manufacturer is close to changing hands after its current private equity owner kicked off a sale process earlier this year
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Comment & OpinionWhy own label is set to dominate NPD and how brands should respond
Supermarket brands aren’t just cheaper – they are becoming more innovative and exciting for consumers too, says Daniel Quinn, head of innovation at The Forge
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NewsBritvic and Müller launch products through Iceland’s new accelerator
Both were among the companies to pitch innovation ideas as part of Iceland’s newly launched accelerator Brands on Ice
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NewsMacallan Food Group launches with maiden deals in Scottish meat industry
Macallan Food Group – headed up by Bill Hazeldean and Stewart McLelland – has taken a controlling interest in Scottish meat supplier Malcom Allan and haggis and black pudding manufacturer Macsween of Edinburgh
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NewsFaace founder Jasmine Wicks-Stephens puts skincare challenger up for sale
Skincare challenger brand Faace is seeking a new owner to take the business to the next level
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NewsKerrygold owner Ornua hires ex-Nestlé exec Cesar França to run Global Foods division
Brazilian França will be responsible for driving the ’continued success and ambitious growth plans’ of Kerrygold, Ornua said
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NewsValeo Foods doubles down in maple syrup with acquisition of Appalaches Nature
Valeo Foods Group has consolidated its position in the natural sweeteners category with the acquisition of Canadian maple syrup supplier Appalaches Nature
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NewsRefresco snaps up Frías Nutrición to expand plant-based capabilities
Bottling giant Refresco has agreed to acquire Spanish plant-based drinks maker Frías Nutrición
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Promotional FeaturesMasterclass: Taste elevated – premium tomato category growth
Robust growth in the canned and ambient tomato category is being driven by price inflation and consumers trading up. Read Mutti’s in-depth review of the sector and how retailers can capitalise.
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NewsCity snapshot: Gusbourne up for sale as Lord Ashcroft considers options
Gusbourne is the latest English winemaker to be put up for sale, revealing this morning that Lord Ashcroft is open to selling his majority shareholding. Plus, Ocado announces “significant development” of its partnership with North American grocer Kroger