All articles by Alec Mattinson – Page 120
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News
Media Bites 4 Feb: Brexit stockpiling, Patisserie Valerie, Ocado
British factories stockpiled goods in January at the fastest rate in 30 years, as they count down towards a potentially chaotic Brexit
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News
Asset sales help boost profits at William Jackson
Pre-tax profits more than doubled after the sale of its MyFresh salad business
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News
Graze purchase set to be first big Unilever deal under Jope
Unilever is reportedly set to win the auction for the healthy snack brand
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News
City snapshot: Pip & Nut seeks £5m funding boost
Fast growing Pip & Nut has hired advisors to secure a major cash injection to drive the nut butter brand’s next stage of growth. Plus, Real Good Foods sells frozen desserts business in MBO spin-off and all the rest of the latest news from the City.
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News
Media Bites 1 Feb: Patisserie Valerie, Asda, Unilever
Patisserie Valerie, the café chain that crashed into administration last week, looks increasingly likely to be sold off in chunks, with its unreliable accounts deterring even those bidders that specialise in distressed companies.
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News
City snapshot: Unilever's underlying annual sales rise 3.1%
Unilever has posted underlying annual sales growth of 3.1% despite “challenging” market conditions. Plus, Diageo first half sales up 5.8%, Stock Spirits buys Italy’s Distillerie Franciacorta and the rest of the latest news from the City.
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News
Media Bites 31 Jan: Graze, Patisserie Valerie, High Street closures
Anglo-Dutch consumer goods giant Unilever is leading a pack of bidders for Graze amid transatlantic interest in a takeover of the snack-food brand.
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News
Food to go drives 5.8% organic first quarter uplift for Greencore
Sandwich giant Greencore has posted a 5.8% rise in first quarter like for like sales.
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News
Media Bites 29 Jan: No-deal Brexit, Tesco, Oddbins
A no-deal Brexit threatens the UK’s food security and will lead to higher prices and empty shelves in the short-term, retailers are warning.
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News
Patisserie Valerie rescue talks planned for next week
Administrators for Patisserie Valerie and the chain’s management team are expected to meet potential bidders next week in a bid to strike a rescue deal for the collapsed cake retailer.
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Comment and Opinion
'Business as usual' as buyer sought for Patisserie Valerie
An “avalanche of names” have expressed an interest in collapsed cake specialist Patisserie Valerie
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Comment and Opinion
Brand investment pushes Higgidy to annual loss
Premium pie maker Higgidy has fallen to a pre-tax loss as investment into its brand and new products hit its bottom line.
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News
FeverTree reports 39% full year sales jump
FeverTree has reported a 39% surge in annual revenues for its full 2018 financial year, driven by 52% growth in its home market.
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News
Media Bites 24 Jan: Tesco trial, Patisserie Valerie, Retail jobs
Tesco’s former UK finance boss has accused the supermarket group of “throwing him under a bus” and abandoning truth and justice for its own “commercial imperatives”.
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News
Patisserie Valerie shutters 71 outlets at the cost of 920 jobs
Newly appointed administrator for collapsed Patisserie Holdings KPMG has confirmed that initial closures of loss-making outlets will lead to 920 job losses.
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News
Patisserie Holdings collapses into administration
Patisserie Holdings, the owner of cake retailer Patisserie Valerie has announced it has fallen into administration after being unable to renew its banking facilities.
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News
Rémy Cointreau posts 8.7% organic sales growth in third quarter
French spirits giant Rémy Cointreau has posted organic growth of 8.7% in its third quarter to take its sales for the first nine months of the year up 8.1% to €919.4m.
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News
Media Bites 22 Jan: Shrinkflation, Patisserie Valerie, Just Eat
British shoppers are getting less for their money as hundreds of products on supermarket shelves are getting smaller but their prices are not falling.
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News
Henkel issues profits warning amid need for brand investment
German consumer group Henkel has issued “its biggest profits warning in recent history” as it outlined plans to reinvest in its flagging brands.
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News
City remains stoic in wake of Brexit vote but Kapoor's exit could spell trouble for Reckitt
Political correspondents may be tearing their hair out at the latest machinations in Westminster, but the City remained remarkably stoic in the face of MPs’ overwhelming rejection of Theresa May’s Brexit plan on Tuesday.