All articles by Elena Cherubini – Page 19
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NewsMedia Bites 6 Nov: Boots, ABF, Imperial Brands
Associated British Foods has said it expects earnings to rise in the coming year, driven by a recovery of its struggling Sugar unit and better-than-expect margins at fast-fashion chain Primark
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News31 Dover turns to the crowd for £500k growth funding
DMD Ventures will take to Crowdcube in mid-November as it seeks to raise £500k
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NewsFrieslandCampina UK profits jump 49% despite sales drop
Profits at the UK arm of Dutch dairy giant FrieslandCampina rose 49% last year, despite the ‘difficult economic situation’
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NewsCity snapshot: Associated British Foods delivers ‘resilient’ performance
Associated British Foods has reported a rise in profits as it delivered a “resilient performance” offsetting ongoing troubles at its Sugar division
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NewsMedia Bites 5 Nov: Uber, M&S, Just Eat
Lower than expected overall number of active customers and activity at Uber Eats hit the taxi company’s bottom line as it reported losses of £1.2bn in the third quarter
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NewsRetail sales recover in October as bigger discounts encourage spending
On a total basis, sales rose 0.6% in the four weeks to 26 October
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NewsValue of food industry M&A deals drops over 60% in September
The UK emerged as the top country in terms of M&A activity in September, with six deals completed in the period
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NewsNutri-Genetix to crowdfund for launch of genetically personalised shake
The nutrition company has already raised £178k to fund a new year launch of its shakes
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NewsCity snapshot: Takeaway.com increases Just Eat deal likelihood by way of offer
Dutch food delivery giant Takeaway.com has increased the “certainty” of its all-share combination with Just Eat by implementing the merger by way of an offer
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NewsMedia Bites 4 Nov: Asda, Coffee Pods, McDonald’s
Asda has granted an extra week to staff in order to sign new contracts or face the sack
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NewsColgate-Palmolive sales rise but miss analysts’ forecasts
The US consumer goods giant reported net revenues of $3.92bn, up 2% on the comparative period in 2018
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Analysis & FeaturesAre the supermarkets doing enough to support startups?
Startups are providing 59% of growth, yet 81% feel they lack the support their growth deserves. Do they have a point?
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NewsDevoted Pet Foods seeks £100k from crowd for launch into DTC
The brand is looking to raise £100k on Crowdcube in exchange for a 4.8% stake
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NewsCity snapshot: Tesco pledges to remove one billion pieces of plastic by end of 2020
Tesco will get rid of plastic trays from ready meals, secondary lids and sporks and straws from snack pots as it tackles plastic use within the business
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NewsMedia Bites 1 Nov: Kraft Heinz, Altria/Juul, Salmonella
Kraft Heinz’s struggles continue with another quarterly net sales decline as the fmcg grapples with changing consumer tastes
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NewsHarrogate Water exports boost sales in already buoyant sector
The Harrogate Spring Water and Thirsty Planet producer posted sales of £21.6m in the 12 months to 31 March 2019
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NewsOff-Piste Wines sales surge on international growth
A 54% surge in international sales boosted revenues to reach nearly £40m
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NewsCity snapshot: Retailers turn hopes to ‘golden quarter’ as prices drop
UK shop prices continued to slide in October, marking the fifth consecutive month of decline as retailers hoped to reverse weak sales with greater discounts. Plus non-execs step down at Sainsbury’s, Mondelez raises guidance on emerging markets growth and all the rest of the latest news from the City.
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NewsMedia Bites 30 Oct: Beyond Meat, Sainsbury’s, M&S
Early investors in Beyond Meat were set for a big payout as the plant-based phenomenon shares became freely tradable yesterday, closing down 22%
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NewsKellogg’s sales boosted by snacks and frozen foods growth
Kellogg’s third quarter organic sales rose marginally, driven by growth in snacks and frozen foods