All articles by Alec Mattinson – Page 72
-
Analysis & FeaturesHow Britain’s 50 fastest-growing food and drink companies beat the pandemic
Fast-growing food and beverage firms faced huge challenges during the pandemic, but while some have suffered many have thrived
-
NewsCity Snapshot: Naked Wines pre-tax losses double despite sales surge
Booming online sales of wine helped propel Naked Wines’ annual revenues up 68% year-on-year, but the company remains loss-making as it continues to invest in new customers and growth.
-
NewsMedia Bites 11 June: Morrisons, Brewdog, National Lottery
Morrisons has suffered one of the biggest shareholder revolts over pay in British corporate history
-
NewsCity snapshot: Finnish dairy group Valio mitigates domestic decline with Chinese exports growth
Finnish dairy group Valio saw sales rise 1.2% in 2020 as a plunge in food service sales was mitigated my increased exports.
-
NewsNorth Coast Brewing Co buys Wooha Brewing from administration
The owner of Isle of Skye Brewing Co has bought Scottish craft beer maker Wooha Brewing Co out of administration.
-
NewsMedia Bites 9 June: Sausage trade war, British American Tobacco, Pubs
Boris Johnson is battling to avoid a sausage trade war with Brussels which could see chilled meats barred from shops in Northern Ireland
-
NewsCity snapshot: May retail sales boosted by hospitality reopening
UK retails sales jumped 10% in May on a two-year basis, driven by buoyant consumer spending as the UK reopens from the coronavirus lockdown
-
NewsMedia Bites 7 June: Reckitt Benckiser, Chapel Down, Getir
Reckitt Benckiser is taking a £2.5bn loss on the sale of its struggling baby formula business in China
-
NewsCity News: B&M shares fall on expectation it can’t ‘improve on perfection’
Having absorbed B&M European Value Retail’s surging annual sales and doubling of profits, the market promptly sent the discounter down 5%
-
NewsFactory closure drives Upfield loss in first year following Unilever separation
Flora owner Upfield fell to a £28.5m operating loss in its first year of separation from previous owner Unilever
-
NewsEuro Food Brands sees growth despite Illycafè demerger
Specialist distributor Euro Food Brands has posted double-digit annual growth despite the demerger of its UK Illycaffè Italian coffee business as demand for its global brands soared during the pandemic
-
NewsMonde Nissin raises $1bn to drive global growth of Quorn
The owner of Quorn has raised $1bn to help fund a global push for its meat alternative brand after listing on the Philippines Stock Exchange.
-
NewsCity snapshot: Wine sales surge at Chapel Down but sale of Curious Drinks hits profits
English wine maker Chapel Down shrugged off widespread closures in the off-trade to grow sales volumes 38% last year, but group results were hit by the weaker performance of its demerged beer and cider arm Curious Drinks.
-
NewsMedia Bites 4 June: Tesco, Food prices, B&M
Tesco faces £2.5bn bill after the European Court of Justice Supermarket ruled that shop floor workers’ pay can be compared to distribution centre staff
-
NewsCity snapshot: Profits and sales surge in ‘exceptional’ year for B&M
Revenues leapt by a quarter and profits more than doubled at B&M European Value Retail as the coronavirus pandemic led to a spike in demand.
-
NewsMedia Bites 2 June: Ferrero/Burton’s, Food inflation, JD Wetherspoon
Italian confectionery giant Ferrero has snapped up the maker of Jammie Dodgers and Wagon Wheels, taking a larger bite of the biscuit market
-
NewsCity snapshot: Quorn owner Monde Nissin debuts US$1bn IPO
Global noodle giant and Quorn owner Monde Nissin has completed the Philippines largest initial public offering in history after listing its shares today in a £720m float.
-
NewsCity News: M&S exits torrid year with hopes the worst is behind it
M&S exited a torrid year with some positive momentum this week, triggering hopes in the City that the beleaguered retailer may be finally leaving the worst behind it
-
NewsGreencore predicts strong bounceback of food to go as lockdown ends
The UK’s largest sandwich maker this week said sales fell by a further 19% to £577.1m in the six months to 26 March
-
NewsCity snapshot: AG Barr reports encouraging trading as lockdown eases
AG Barr has said it is on target to bounce back in 2021, with sales recovering as the UK reopens