All articles by Alec Mattinson – Page 102
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NewsMade in Chelsea star Spencer Matthews’ The Clean Liquor Company secures fundraising boost
Former Made in Chelsea star Spencer Matthews launched the company in November
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NewsCity snapshot: Distil and British Honey Co form JV to launch new spirits products
AIM-listed drinks producer Distil has entered a joint venture with British Honey Company to produce a new range of branded botanical spirits.
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NewsMedia Bites 19 Feb: Asda/Walmart, Post-Brexit immigration, Business rates
Sales slipped at Asda in the final three months of last year after customers cut back on spending in the run-up to Christmas.
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NewsCity snapshot: Kerry Group profits jump to €900m on growth and acquisitions
Irish food and ingredients giants Kerry Group has posted a double-digit rise in annual profits on the back of solid volume growth and the contribution of acquisitions.
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NewsMedia Bites 18 Feb: Consumer confidence, Amazon, Brexit
Household confidence has reached its highest level for 11 years in another sign that the economy has benefited from a post-election bounce.
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NewsCity snapshot: BRC warns of higher prices and food shortages from border friction
The British Retail Consortium has warned the UK faces higher food prices and reduced supply of short shelf-life goods in the event of border friction with the EU.
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NewsMedia Bites 17 Feb: Unilever, Tesco, BRC/Brexit
Unilever has kicked off a strategic review of its health and beauty brands as the consumer goods giant wrestles with slow growth.
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NewsSales rise at Oscar Mayer but profits hit by escalating costs
UK Ready meals supplier Oscar Mayer grew sales by 5.7% last year to £320m but profits were hit by escalating input costs.
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NewsSainsbury’s bucks grocery’s inflationary trend with price cuts
Sainsbury’s was the only big four supermarket to cut its prices year on year in January as the overall grocery sector remains in mild inflation, with further inflationary pressures on the horizon.
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NewsCity snapshot: Sainsbury’s prices fall but supermarket inflation persists
Sainsbury’s was the only big four supermarket to cut its prices year on year in January as the overall grocery sector remains in mild inflation.
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NewsMedia Bites 14 Feb: Nestlé, CBD regulation, Domino’s UK
The world’s largest food company is looking to to meat-free products to lift sales after missing its organic growth target.
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NewsNestlé targets improved 2020 sales growth
Nestlé has forecast an improvement in sales growth over the coming years after posting a solid increase in revenues and profits in 2019.
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NewsCity snapshot: Heineken CEO to step down as it posts 5.6% annual sales growth
Heineken has announced its CEO is to step down as it posted a year of solid revenue growth as sales volumes and prices both rose. Plus, Ahold Delhaize earnings rise on sales growth and all the rest of the latest news from the City.
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NewsMedia Bites 12 Feb: Ocado, Heineken, M&S
Ocado more than quadrupled its losses last year, but its stunning share price performance triggered an £87m payday for senior directors
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NewsCity snapshot: UK snacking acquisitions boost growth for Lotus Bakeries
Bear, Nakd and Kiddylicious owner Lotus Bakeries grew its annual revenues and profits last year, boosted by the international rollout of its Biscoff brand and the strong performance of natural snacking.
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NewsMedia Bites 10 Feb: WH Smith, Ocado, Waitrose
WH Smith is demanding to be allowed to delay its rent payments as some of the high street’s stronger retailers capitalise on landlords’ woes.
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NewsArmitage Pet Care sales surge past £55m
Fast growing producer of Good Boy dog treats Armitage Pet Care saw annual sales surge past £55m, though profits fell as it invested in growth.
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NewsImperial Brands greets new CEO with profits warning
Stefan Bomhard has work ahead as Imperial grapples with its attempts to shift towards tobacco alternatives…
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NewsCity snapshot: Vegan DTC startup Allplants kicks off £20m fundraising push
Vegan DTC meal delivery startup Allplants will kick off a fundraising push next week as it aims to raise up to £20m this year.
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NewsMedia Bites 7 Feb: John Lewis, Tesco, High Street
The new chairwoman of the John Lewis Partnership has warned that the retail group faces more shop closures and job losses.