All articles by Elena Cherubini – Page 11
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Poundland owner delays retailer’s potential flotation amid coronavirus and CEO illness
Market volatility caused by the virus’ outbreak and the illness of the unit CEO Andy Bond were cited as reasons for the delay
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Femcare startup Flo secures seven-figure investment to expand product range
The femcare challenger brand will use the cash raised to expand its product offering into sensitive bladder support and sexual wellness
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PepsiCo agrees $3.85bn deal for energy drink maker Rockstar
The latest deal signals a move from the US soft drinks giant to step up its rivalry with Coke
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EG Group buys largest KFC franchise operator in UK & Ireland
The company has also entered a binding agreement to acquire Australian healthy fast food chain Oliver’s Real Food
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Veg producers struggle amid poor weather conditions and labour shortages
Growers struggled last year as sales were impacted by ‘extreme’ weather conditions and supply chain pressures
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City snapshot: Food and healthcare sales spike amid coronavirus fears
Sales of food and healthcare products have edged higher at the end of February, amid growing concerns around the global coronavirus outbreak
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Better Nature raises over £400k to take tempeh into the mainstream
The vegan startup will use the funds to accelerate NPD and for sales and marketing as it hopes to take tempeh into the mainstream
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UK-based online CBD marketplace Alphagreen raises £500k
Alphagreen, Europe’s largest consumer marketplace for CBD products, will use the funds to support its expansion across European markets
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Allplants closes ‘record’ £3.4m crowdfunding campaign
The plant-based DTC meal delivery company closed the UK’s largest-ever vegan crowdfunding round
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Big Drop seeking £500k to push non-alcoholic craft brewing
Alcohol-free craft brewer Big Drop Brewing Co has kicked off a half-a-million pound fundraising drive to underpin its efforts to take the craft revolution to the growing no-alcohol market.
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Fiddes Payne reports sales drop of 23%
Sales at home baking and spices supplier Fiddes Payne plunged last year due to weakness in its core UK market.
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North South Wines receives investment from German winery Reh Kendermann
Following the transaction, North South Wines will manage Reh’s UK business in the wholesale, convenience, discount, independent and on-trade channels
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Pukka Pies sales rise after ramped-up marketing activity
Several advertising and marketing campaigns run during the year have bared fruit, boosting the pie manufacturer’s sales almost 7%
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Danone acquires majority stake in Harrogate Water
The transaction will see Harrogate join water brands Evian and Volvic under Danone’s portfolio
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ManiLife raises over £250k to fund NPD and new listings
The peanut butter brand has smashed its crowdfunding target in two days
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Vegan tea lattes brand MyTea is Mighty to kick off fundraise
The London-based startup will use the cash raised to switch to contract manufacturing and scale up operations
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City snapshot: ABF ‘well-stocked’ for Coronavirus outbreak
Associated British Foods has said it is closely monitoring the Coronavirus outbreak in China, though it does not expect any short-term impact.
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Media Bites 24 Feb: John Lewis, Motor Fuel Group, Mondelez
John Lewis new boss readies changes to restructuring programme, Mondelez trials vegan chocolate and Waitrose crowned best supermarket
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CBD startup Cannaray targets multimillion IPO
The startup is chaired and co-founded by industry veteran Clive Sharpe
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JLab incubator scheme on hold as part of JLP management restructure
John Lewis Partnership’s incubator scheme JLab has been put on hold as part of the group’s bringing together of its retail business and Waitrose chain under one management team