All articles by Ed Devlin – Page 112
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City snapshot: Profits lose fizz at Irn-Bru maker AG Barr as lockdown hurts hospitality sales
The shutdown of the hospitality sector during the first coronavirus lockdown in March hit the Irn-Bru maker
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City snapshot: Coronavirus outbreak takes a slice out of Finsbury profits
Sales and profits have slumped at Finsbury Food Group
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Media Bites 21 September: Mondelez, Aldi/Lidl, Morrisons
Mondelez chief executive Dirk Van de Put hit out at sugar taxes, saying they were overly “restrictive” to consumers
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Insane Grain nets six figure cash investment to fund 2021 retail launch
Healthy snacking start-up Insane Grain has raised a six-figure investment from fmcg veterans to ready the brand for growth in 2021
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BrewDog reopens Equity for Punks in sustainability drive
BrewDog has reopened its Equity for Punks crowdfunding scheme for the final time as it aims to raise £7.5m for sustainable initiatives
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Apollo, Lone Star and TDR enter bidding war to purchase Asda
All three made offers for the UK supermarket chain this week ahead of the deadline for bidding
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Mission Ventures opens up Good Fund Fund to wider category of brands
Food and drink accelerator Mission Ventures has reopened applications for its Good Food Fund.
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Sliabh Liag drinks to £1.5m crowdfunding success for Irish whiskey distillery
Irish whiskey, gin and vodka producer Sliabh Liag, which is backed by Asahi and former SABMiller executives, has smashed its £1m crowdfunding target.
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Coca-Cola European Partners invests in self-pour revolution
Coca-Cola European Partners is bringing self-pouring technology to hospitality customers in Europe after acquiring a 25% stake in Innovative Tap Solutions.
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Media Bites 10 September: Brewdog, Tesco, Cake Box
Brewdog founder James Watt has criticised Boris Johnson over his commitment to climate change
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City snapshot: Wincanton raises market expectation on back of online demand
The online shopping boom during the coronavirus pandemic has significantly boosted revenues and profits at logistics group Wincanton
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Media Bites 8 September: AB InBev, Charles Wilson, Amazon, Primark
Anheuser-Busch InBev has launched a process to replace chief executive Carlos Brito
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City snapshot: ABF profits boost from rising grocery sales
Associated British Foods has benefitted from a surge in grocery sales during the coronavirus outbreak and better-than-expected trading at Primark in the fourth quarter
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Burleighs Gin funding drive tops £100k to launch into non-alcoholic market
Craft brand Burleighs Gin has hit a £100,000 crowdfunding target to expand into the booming ‘low & no’ category with a non-alcoholic variant.
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Bulldog sales growth bucks coronavirus-driven personal care weakness
Strong growth has continued at Bulldog Skincare despite the coronavirus outbreak creating uncertainty for the personal care category.
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Media Bites 3 September: Organic sales, Eat Out to Help Out, Domino’s
Sales of organic food and drink rose sharply in the UK during lockdown
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Media Bites 2 September: Ocado/M&S, Walmart, B&M
The inaugural day for the Ocado and M&S partnership turned sour as the business was forced to apologise to grumbling customers for cancelling orders
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Planty secures seed investment from Veg Capital
Vegan meal delivery start-up Planty has secured seed investment from investment firm Veg Capital.
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City snapshot: Sweet sales growth for Cake Box as stores reopen
Cream cake retailer Cake Box is giving back furlough cash and paying shareholders a special dividend after a strong performance since the easing of lockdown. Plus Nestlé is set to acquire biopharmaceutical company Aimmune Therapeutics and all the rest of the latest news from the City.
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Albert Bartlett closes in on Kiddyum rescue deal
Potato supplier Albert Bartlett is in discussions to save the Kiddyum brand following its liquidation, The Grocer understands.