All articles by Elena Cherubini – Page 16
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NewsCity snapshot: Pound surges as Conservative Party wins general election
The pound rose over 3% as the Conservative party secured a landslide victory in the election
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NewsMedia Bites 13 Dec: General Election, Sainsbury’s Bank, Ocado
Business cheers a conservative victory, Sainsbury’s receives offer for its £1.9bn mortgage book and Ocado promises “bigger and better” range under M&S
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NewsBread Holdings reports double-digit sales rise amid sale rumours
The artisanal bakery saw revenues soar 14% to £100.8m amid reports it could be heading for the auction block
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NewsGraze plunges into the red as acquisition costs bite
The UK-based healthy snacking company posted pre-tax losses of £1.2m in the year of its sale to Unilever
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NewsFruit & veg wholesaler The Italian Fruit falls into administration
The company is currently seeking a buyer, but it remains unclear whether a deal will be struck
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NewsSeedrs to relaunch accelerator programme after initial brands’ success
With the first three businesses to complete their campaigns achieving 100% funding, Seedrs described the programme as an “amazing success”
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NewsCosta teams with Bol to add vegan options to lunchtime menu
The brand will launch 100% plant-based products into the coffee shop chain at the beginning of January
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NewsLucy’s Dressings in crowdfunding push to launch vegan and flavoured mayo range
The brand will hit Crowdcube on Monday (16 December) looking to raise a minimum of £125k
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NewsPasta Evangelists to roll out concession into M&S new-format store
The DTC fresh pasta supplier is ramping up its efforts to become an omnichannel business
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NewsCellular Agriculture turns to the crowd to scale lab-grown meat technology
The business is targeting £500k on newly-launched crowdfunding platform Koodoo
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NewsTesco mulls Asian business sale following ‘inbound interest’
Tesco has announced it is considering a sale of its businesses in Thailand and Malaysia as part of a “review of the strategic options” for its Asian operations
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NewsMedia Bites 9 Dec: Footfall, Scottish pub trade, Eddie Stobart
November high street footfall continued on a downward trend as heavy rain dampened shoppers willingness to get to the high streets
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NewsCity unimpressed with DS Smith’s ‘record’ figures
Packaging giant DS Smith posted a bumper set of interim figures ahead of its vital Christmas period but sharholders were left unimpressed
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NewsCity snapshot: Associate British Foods expects sugar recovery and grocery growth
Associated British Foods reiterated its outlook of further profit and margin growth in its Grocery division, as well as strong Primark performance and a recover in its struggling Sugar unit
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NewsMedia Bites 6 Nov: Food prices, Eddie Stobart, Wine regions
Food prices have reached their highest point in two years last month, Eddie Stobart is on the brink of collapse and wine collectors turn to the Italian hills
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NewsScotbeef sales rise on UK growth as exports suffer
Annual sales rose 5.2% at beef and lamb supplier Scotbeef driven by positive growth in the UK as international revenues dropped
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NewsThe Vegan Kind prepares fundraising campaign for expansion push
The online vegan supermarket will launch a Seedrs campaign at the end of January, seeking £500k to scale up
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NewsSpirit group Moose raises €2.5m in first ‘major’ funding round
Botanical spirit maker Moose has raised €2.5m from a group of strategic investors including former Diageo CEO Paul Walsh
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NewsCity snapshot: DS Smith reports sales and profits jump despite ‘difficult’ conditions
FTSE 100 packaging firm DS Smith grew revenues by 4% in the first half of the financial year, reporting a “record” performance despite economic headwinds
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NewsMedia Bites 5 Dec: Iceland, Morrisons, Services sector
Analysts have warned Iceland could face troubles repaying its £750m debt pile and might be forced to refinance.