All articles by Elena Cherubini – Page 23
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Branston owner Mizkan Euro expects redundancies after losing key contract
Branston pickle and chutney maker Mizkan Euro has announced the loss of a “significant” private brand contract that will likely result in a programme of redundancies
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Vegan ready meal maker The Brook smashes crowdfunding target on first day
The Brook will use the funds raised to increase brand awareness, make “key hires” and scale production in pursuit of further expansion within UK grocers
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Pladis appoints PepsiCo veteran David Murray as UK & Ireland MD
Murray’s responsibilities will include leading the UK & Ireland team
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Fentimans profit growth hit by sugar tax and Brexit stockpiling despite sales jump
The premium soft drinks producer saw gross profits rise 14% last year but the growth was softened by costs associated with the sugar tax and Brexit stockpiling
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Blue-chip fmcg companies among top 10 on sustainability
Fmcg companies and retailers are leading the fight against climate change among blue-chip companies, with Unilever, M&S and Tesco ranking among the top 10 most sustainable businesses
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The Meatless Farm secures seven-figure investment from Channel 4
Source: The Meatless Farm The Meatless Farm has secured the seven-figure equity investment in exchange for airtime of its new ad campaign Alternative meat startup The Meatless Farm Co has sold part of its equity to broadcaster Channel 4 in exchange for commercial airtime for its new ...
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City snapshot: M&S chief financial officer to step down
M&S’s chief financial officer Humphrey Singer has announed his decision to leave the business just as it formally exits the FTSE 100 index. Plus, PureCircle postpones annual results due to accounting issue and all the rest of the latest news from the City.
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Grenade sales soar as protein bar popularity continues
The “continued success” of its range of protein bars, shakes, spreads and biscuits boosted sales by 30% to £37.6m in 2018
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MPM sales continue to rise as owners keep spoiling pets
Sales at premium petfood manufacturer MPM Products have continued to rise as owners splurged on luxury meals for their cats and dogs
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Great British Porridge Co rejects Dragons’ Den cash as post-show sales rocket
The Sussex-based all-natural porridge maker will now seek to grow through outside investment after turning down an offer on BBC One’s Dragons’ Den.
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Media Bites 16 September: Sainsbury’s, Asda, Tesco/Jack’s
Sainsbury’s Mike Coupe warned that in the event of a no-deal Brexit fresh food supplies will be hit.
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Raw Halo returns to Crowdcube to fund listings in major retailers
Vegan chocolate maker Raw Halo has kicked off its third crowdfunding campaign to fund expansion into major mainstream retailers
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Snaffling Pig to seek cash for wider pork market expansion
The Berkshire-based business hit Crowdcube this week seeking £750k in exchange for a 7% stake
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Japanese drinks giant Asahi sees sales surge across UK
The company said the growth was achieved “through continued investment in brand marketing campaigns”…
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Halo Top sold to US ice cream giant Wells Enterprises
The Eden Creamery ice cream brand was snapped up for an undisclosed amount, with the deal expected to complete this month
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Strong Roots secures £15m investment to fund US expansion
The supplier of frozen plant-based burgers and sides plans to use the cash to accelerate household penetration in the UK and its native Irish market, as well as continuing its push into the US
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Snaffling Pig to seek cash for wider pork market expansion
Ahead of launching publicly, the campaign had already secured 60% of its target from 327 private investors
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Retail footfall drops amid continued Brexit uncertainty
Retail footfall continued its downward trend in August amid weakening consumer confidence and Brexit uncertainty
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Spirits maker Asterley Bros seeks funding for NPD and retail expansion
Asterley Bros has launched a crowdfunding campaign to secure investment to boost capacity, develop new products and launch into retail
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Hesper Farm secures investment to pursue national listings
The Yorkshire-based business launched what it claimed to be the first Icelandic-style skyr yoghurt made in the UK from British milk in 2015