Archive of all supplier articles – Page 7
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NewsFoundation Earth announces EU backing to tackle eco scoring ‘wild west’
Foundation Earth said the move would provide the expertise needed to develop internationally recognised standards
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NewsTofoo Co benefits from demand for natural plant-based brands
The Tofoo Co has defied wider declines in meat alternatives as shoppers shun ultra-processed options in favour of more natural ingredients
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NewsParamount Retail Group expands into beer with Saltaire Brewery acquisition
The Yorkshire-headquartered group said it had identified Saltaire as a regional brand with ‘significant national and international growth potential’
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NewsIllycaffè confident of further growth despite coffee price volatility
Illycaffè has boosted first-half profits as revenues increased in all its major markets and distribution channels, with the Italian coffee roaster keeping a tight control over costs
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News‘Incredible new chapter’ as Newlat completes £700m Princes takeover
The combined group, which also includes Symington’s in the UK, will have a turnover of €2.8bn, a global network of 31 plants, 8,800 employees and more than 30 brands
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NewsHill Biscuits snapped up by Cerealto UK
The custard creams and bourbons maker has been sold to the UK arm of Spanish own label giant Cerealto to give long-standing private equity backer LDC an exit
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NewsGymkhana Fine Foods brings in senior management trio to lead retail expansion
Gymkhana Fine Foods has strengthened its senior leadership team with three experienced hires
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NewsIrish trout producer Goatsbridge expands UK presence with Sainsbury’s listing
The Kilkenny-based producer has launched a hot smoked trout fillet line into the retailer
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Comment & OpinionWe need to scrutinise the ‘cost of business’ for challengers
Startups are spending tens, if not hundreds, of thousands of pounds just to elicit a response from buyers, says Thea Alexander, CEO at YF
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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