All articles by Ed Devlin – Page 161
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News
Lily O’Brien’s UK growth pushes group sales to record levels
Irish chocolatier Lily O’Brien’s has posted a record turnover of £27m in 2016 thanks to a growing appetite for its premium offering in the UK.
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News
Mackie's of Scotland grows sales thanks to new chocolate bar range
Entering the chocolate bar market and a consumer shift towards premium ice cream has helped Mackie’s of Scotland boost sales by 7%.
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News
Media Bites 1 March: Unilever, Kraft Heinz, Greggs, Sainsbury's, BHS
Unilever boss Paul Polman was paid 20% less last year than in 2015, taking home €8.4m, according to the group’s latest annual report.
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News
City snapshot: Premier Foods strikes agreement with Hong Kong hedge fund
Activist investor Oasis Management is set to further build its stake in Premier Foods after entering a customary relationship agreement
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News
Greggs rules out 'shrinkflation' as ingredient costs spiral
Greggs CEO Roger Whiteside has promised its staple sausage rolls won’t be affected by ‘shrinkflation’ as the chain seeks to combat the growing threat of rising ingredient prices.
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News
Associated British Food profits lifted by higher sugar prices
Profits sweetened in the first six months of the year but ABF warns that benefits of the weak pound will fade in second half.
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News
Wild Beer asks the crowd for £1.5m for new brewery
The Wild Beer Company is the latest craft brewer to turn to the crowd to raise cash as it kicks off a £1.5m funding drive later this week.
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News
City snapshot: McColl's lays foundations for 'transformational' growth
McColl’s said this morning in its annual results that the foundations for “transformational” growth have been laid as it opened the first of the 300 stores bought from Co-op.
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News
Media Bites 27 February: Unilever/Kraft Heinz, Warren Buffett, Tesco/Booker, gin
The fallout from the failed Unilever Kraft-Heinz merger continues to generate headlines as the weekend papers reveal more of the backroom machinations during the brief pursuit.
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News
Adelie looks to rebuild under new owners ICG
Adelie Foods has new owners, after a torrid first 18 months of trading saw private equity firm HIG Capital exit the group.
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Analysis & Features
Will Warren Buffett and his Kraft-Heinz mob be back?
The £115bn bid for Unilever has been called off, but it’s sent shockwaves through the fmcg sector
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News
Cauli Rice hits over £3m in crowdfunding
Cauli Rice has raised £1.4m from a massively oversubscribed crowdfunding campaign – more than £1m higher than its initial
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News
Cotswold Raw picks up private funding to hike production
Premium dogfood startup’s crowdfunding campaign failed to hit its £250k target
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News
Glanbia sells off Irish dairy division for £95m to form jv with farmers co-op
Glanbia has agreed to sell off a controlling stake in its Irish diary business to the Glanbia Co-operative Society for €112m (£94.8m).
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News
Media Bites 22 February: Asda, business rates, Burger King
Asda provided an update on its turnaround attempt yesterday, revealing like-for-like sales declined for the tenth quarter in a row with a 2.9% fall in the final three months of its financial year.
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News
City snapshot: Christmas hampers boost first-half sales and profits at Hotel Chocolat
Luxury chocolatier Hotel Chocolat has reported sweet growth in first-half sales and profits thanks to new store openings and strong Christmas trading.
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News
Media Bites 21 February: Kraft Heinz failed bid for Unilever examined
The fallout from Kraft Heinz tilt at Unilever continues to generate significant column inches in the papers today.
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Comment & Opinion
Kraft Heinz wash-up will put ‘Persil Paul’ and Unilever growth in the spotlight
With the announcement that the offer is off the table from the Americans, we ask where does all this manouvering leave Unilever and Kraft Heinz?
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Analysis & Features
Kraft Heinz moves on Unilever: a sign of desperate times for big food?
What happens now? How likely is Kraft Heinz to up its bid price? And will CEO Paul Polman allow the company to slip from his control?
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News
Nestlé investors unimpressed with end of growth model
It was a baptism of fire for Nestlé CEO Ulf Mark Schneider as Nestlé published the first set of annual results under his leadership …