All articles by Alec Mattinson – Page 29
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Compass Group bolstered by resurgent leisure and tourism markets
Workers returning to the office and resurgent leisure and tourism bolstered the first-half profits and share price of catering giant Compass Group
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Drinks supplier Global Brands sees surging growth on exports boost
UK independent drinks business Global Brands has posted a double-digit jump in annual revenues on strong growth at home and abroad
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Raw dogfood player Paleo Ridge receives £1m investment to boost retail ambitions
Paleo Ridge has secured a further seven-figure investment from investor Ashridge Capital
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Former Greencore exec Kevin Moore appointed as Valeo’s first UK CEO
Valeo Foods Group has announced the appointment of Kevin Moore to the newly created position of UK CEO
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City Snapshot: THG ends Apollo takeover discussions
THG has announced it has ceased talks with Apollo Global Management over a takeover approach after its indicative valuation of the group was ‘inadequate’
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City snapshot: Pernod Ricard invests in reusable packaging specialist Ecospirits
Pernod Ricard has taken a minority share in Singapore-based Ecospirits, a low waste distributer for the wine and spirits industry
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Nomad Foods raises earnings expectations on price-driven growth
Frozen specialist Nomad Foods has nudged up its full-year earnings expectations after double-digit price hikes bolstered first quarter earnings
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Media Bites 10 May: John Lewis Partnership, Sainsbury’s, John Allan
The boss of John Lewis will face a vote of confidence on Wednesday, amid growing staff anger at her leadership
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City snapshot: UK retail sales growth stagnates amid weak clothing performance
UK retail sales growth remained flat in April as sales volumes stayed well below inflation and consumer demand showed signs of weakening
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Price hikes at Kraft Heinz drive higher profit expectations
Kraft Heinz has become the latest global food giant to raise profit forecasts after price hikes helped expand margins
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Snaffling Pig raises six figures to fight back from recall ‘crisis’
Pork snacking brand Snaffling Pig has raised a six-figure sum to regrow the brand following a damaging product recall last year
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Cultivated petfood supplier Good Dog Food raises £3.6m
Good Dog Food has raised the seed financing to fund its efforts to create slaughter-free alternatives for petfood
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Heck reduces range to focus on core, profitable lines
The group has dialled back its category expansion ambitions after falling to a loss last year
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City snapshot: Pernod Ricard takes out first sustainability-linked loan
The loan will be linked to two sustainability commitments
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Media Bites 5 May: Food price inflation, AB InBev, Coronation shopping
Rishi Sunak is to hold talks with supermarket bosses, trade bodies and farmers this month to address concerns over surging food prices and wider industry issues
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City snapshot: SSP expands in North America with Midfield acquisition
Travel food retail specialist SSP Group has grown its business in North America with the acquisition of the concessions business of Midfield Concession Enterprise. Plus trading updates from Virgin Wines and Domino’s Pizza Group
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Media Bites 4 May: Unilever, food inflation, Haleon
Shareholders have staged a revolt against Unilever’s pay for bosses over concerns about excessive rewards
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McCain and NatWest offer funding for sustainable farming
The initiative aims to reduce financial barrers for potato farmers transitioning to sustainable agricultural practices
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Kraft Heinz raises earnings expectations following price hikes
Price hikes have driven strong growth in first-quarter sales and helped to expand margins
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Black Sheep Brewery poised to enter administration
The Yorkshire brewer Black Sheep has issued a notice to appoint administrators after failing to find new funding