All articles by Ed Devlin – Page 31
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NewsInflation and cost of living send Mindful Chef to steeper losses
Losses have widened at Mindful Chef as a squeeze on consumer spending and inflation dampened demand and hurt margins.
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NewsPrinces set to be sold for £700m as bidding battle heats up
Three global investment firms are battling to take control of tinned foods giant Princes as a £700m deal process enters its final stages.
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NewsMedia Bites 28 September: Morrisons, Chapel Down
News of Morrisons boss David Potts stepping down after nine years at the chain generates headlines this morning.
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NewsMedia Bites 26 September: Aldi, Morrisons, Berry Bros & Rudd
Annual results from Aldi dominate the headlines in the newspaper business sections this morning.
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NewsThis sells stake to ITV for TV ad campaign
Plant-based brand This has sold a minority stake to ITV in return for up to £4m worth of advertising across the station’s channels
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NewsCity snapshot: Cash-strapped shoppers drive record sales at Aldi
Aldi has boosted sales to a record high as the cost-of-living crisis pushed more shoppers through the doors of the discounters.
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NewsNutrigums sells stake to Play.com founder
Functional gummy vitamin brand Nutrigums has sold a stake to the founder and chairman of the online retailer Play.com Richard Goulding for an undisclosed sum
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NewsMedia Bites 22 September: Co-op, Asahi, Wilko, Ocado, SSP
The Co-op’s first-half results lead the coverage in a busy morning for fmcg news.
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Analysis & FeaturesWhat’s Hain Celestial’s plan and will brands be sold off?
‘Hain Reimagined’ will simplify operations and boost marketing
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NewsFinsbury Food Group renews M&A plans after private bid
Finsbury Food has signalled its intentions to pursue a renewed M&A buy-and-build strategy after receiving a £143.4m bid to take the bakery group private.
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NewsHomethings returns to the crowd to support retail and DTC expansion
Refillable home care challenger Homethings is closing in on a £450k crowdfunding goal to support retail listings and continuing expanding online
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NewsMedia Bites 21 September: Wilko, Finsbury Food, inflation
The controversy around the Wilko collapse rumbles on as questions arise over the hole in the pension scheme.
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NewsAll Things Butter secures six-figure funding to launch chef-led butter brand
Organic butter startup All Things Butter has closed a six-figure pre-seed funding round as it readies for a November retail launch
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NewsNurture Brands pushes into drinks manufacturing with Juice Executive deal
The latest deal for the plant-based fmcg group adds a premium range of fresh and HPP juices, functional shots, smoothies, cleanses and dairy-free nut milks to the portfolio
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NewsFinsbury Food Group recommends £143m takeover offer to shareholders
Listed bakery group Finsbury Food has agreed to a £143.4m takeover offer from Isle of Man-based asset management firm DBAY Advisors. Plus, food price inflation eases for fifth month in a row.
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NewsMedia Bites 19 September: Farming, Sainsbury’s, Heineken
Farming and food lobbyists have sent an open letter to the biggest supermarkets urging them to treat suppliers more fairly, claiming that agriculture is “on its knees”.
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NewsCity snapshot: The Artisanal Spirits Company losses widen amid cost-of-living pressures
Losses have widened at The Artisanal Spirits Company as the cost-of-living crisis weighed on The Scotch Malt Whisky Society owner in the first half of 2023.
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NewsBlack-owned fmcg startups win airtime on Channel 4
Four black-owned fcmg challenger brands have secured hundreds of thousands of pounds worth of free airtime and business support as part of a scheme by Channel 4 and Lloyds Bank
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NewsMedia Bites 15 September: John Lewis Partnership, Lidl, THG
The latest John Lewis results grab most of the space in today’s newspapers, but there is still room for stories on Lidl and THG.
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NewsWholegood sells a minority stake to help secure future
Organic fresh produce wholesaler Wholegood has raised fresh capital to safeguard its future, selling a minority stake to investment fund Metamorphosis Investments.