Archive of all supplier articles – Page 8
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NewsAllplants optimistic about path to profit as losses mount
The vegan ready meal maker has recorded heavy losses as the business wrestled to shift its capital-intensive model amid challenging macro-economic conditions and declining demand in the plant-based category
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NewsBrazil looks to strengthen UK relationship with pork exports
Brazil is hoping to expand its trading partnership with the UK as part of ambitions to start exporting pork into the country as imports from the EU dwindle
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NewsSome supermarkets could struggle to meet 2025 cage-free egg commitment
Aldi met its cage-free target this week and ahead of schedule, but many other retailers may not, industry sources have warned
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NewsScotch whisky gets special protection in Brazil in a bid to boost exports
Labour is focused on boosting UK food and drink exports in a bid to strengthen the wider economy
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NewsCrediton sees profits jump on back of wider product range
The supplier saw profits after tax increase from £7.9m in 2022 to £9m in the year to 30 December 2023
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NewsM&S in tricky talks with suppliers over UPF ingredients in Eat Well range
The challenge of removing ingredients is understood to be proving difficult in the context of wider ongoing debate over what UPF means and how important it is to public health outcomes
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NewsTyphoo Tea turnaround disrupted as losses balloon to almost £40m
Losses have spiralled to almost £40m at Typhoo Tea as trespassers occupied and damaged its mothballed factory in Merseyside, dealing an unexpected setback to the embattled company’s turnaround attempt
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NewsTofoo Co private equity takeover readies plant-based brand for further growth
The Tofoo Co has been acquired by a new private equity owner to push the plant-based brand to the next stage of growth and continue its mission to take tofu to the masses
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NewsSimplyV unveils plant-based parmesan alternative ParmVegan
It joins the brand’s gourmet slices (intense and mild), a mature block and grated plant-based cheese in the online retailer.
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NewsEPR scheme base fees unveiled by Defra
Following months of calls from industry, Defra has finally unveiled its estimates of costs for producers under the EPR scheme
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NewsBlockhead set for relaunch thanks to rescue deal by Peppersmith owner
Functional chewing gum brand Blockhead has been revived in a rescue deal by the owners of sugar-free gum maker Peppersmith, The Grocer can reveal
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Comment & OpinionA producer-first approach is vital to building food system resilience
Food retailers and brands need to be courageous in empowering and supporting good livelihoods of their producers, says Jason Archie-Acheampong, member of Food Ethics Council
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NewsNelson Peltz’s Trian sells down part of Unilever holding for £181m
Activist investor Nelson Peltz’s hedge fund Trian Partners has sold off a chunk of its holding in Unilever for close to £181m, according to filings published on the London Stock Exchange today
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NewsMars agrees blockbuster $36bn takeover of Kellanova to create snacking behemoth
The all-cash offer marks the biggest deal in Mars’s history, dwarfing the privately owned US group’s $23bn acquisition Wrigley in 2008
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NewsDistil seeks funds after profit warning and collapse in sales
Spirits group Distil is exploring funding options to meet an unexpected shortfall in its finances after it issued a profits warning for 2024
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NewsHuel and Zoe ads featuring Steven Bartlett banned for ‘misleading’ consumers
The Advertising Standards Authority ruled the two nutrition brands had failed to disclose their commercial relationships with the Dragons’ Den star in paid-for Facebook promotions and banned the adverts from appearing again in their current form
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NewsFieldGoods secures six-figure investment to expand distribution
The company will use the £750k – raised from angel investors – to boost brand awareness, back new product development and expand the team
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NewsNestlé hires new directors for the UK & Ireland
Nestlé has appointed a new corporate affairs & sustainability director and head of finance for the UK and Ireland
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Comment & OpinionFood and drink SMEs need to join forces on buying
SMEs can leverage their collective buying power to achieve substantial cost reductions and operational efficiencies, says Helen Murphy, co-founder of Opply
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NewsAdamo Foods raises £2m to bring ‘ultra-realistic’ steak alternative to market
Food tech startup Adamo Foods has closed a $2.5m (£2m) seed funding round to back its mission to introduce the first ultra-realistic beef steak alternative made from fungi