All articles by Elena Cherubini – Page 25
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NewsSussex-based porridge maker nets £60k Dragons' Den investment
The Great British Porridge Co has secured a £60k cash boost from Dragons’ Den’s Tej Lalvani following its pitch on the BBC Two show last weekend
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NewsThe Hebridean Food Co turns to crowd for ready meal support
The company is seeking £200k on Crowdcube in exchange for a 10.35% stake
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NewsBlue Skies looks to mitigate no-deal Brexit with longer-life NPD
The brand is developing longer-life products to avoid being hit by possible border delays
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NewsRetail sales record ‘surprise’ jump in July but food volumes dip
UK retail sales registered a “surprise” increase in July with volumes riseing 3.3% year-on-year
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NewsFinlays annual profits jump on eight-figure assets sale gain
Coffee and tea supplier Finlays saw double-digit profits rise last year as it gained from the sale of non-core assets
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NewsLuxury confectioner Bon Bon’s acquires rival HF Chocolates
The two luxury chocolate businesses will sit within the gifts unit of Bon Bon’s owner Lanchester Wines
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NewsCofresh posts double-digit sales growth amid factory investment
Indian snacks producer Cofresh experienced “good growth” in all markets last year, with double-digit increases in both sales and profits.
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NewsValeo Foods in talks to acquire Kettle’s UK and Irish operations
City sources have confirmed to The Grocer the businesses are close to striking a deal, expected to be worth over £50m
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NewsCity snapshot: Retailers demand ‘fixing’ of ‘outdated’ business rates
Representatives of more than 50 high street retailers have urged Chancellor Sajid Javid to take action. Plus, meal kit provider HelloFresh sees 37% quarterly sales jump and first group-wide profit, organic sales slip at Henkel and all the rest of the latest news from the City.
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NewsJuly retail footfall worst in seven years
Retail footfall continued to decline in July, marking the worst performance for the month since 2012. Plus, New Zealand dairy giant Fonterra takes £300-plus writedowns on global businesses and all the rest of the latest news from the City.
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NewsSnack startup AP Brands seeking £500k in crowdfunding
The crisps, popcorn and pork crackling producer will hit Crowdcube on 12 August
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NewsIlly brings UK coffee distribution in house
Euro Food Brands has managed sales and distribution for over 25 years
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NewsMedia Bites 9 Aug: Kraft Heinz, Uber, Aldi
Kraft Heinz shares tumbled after the packaged food giant reported a fall in pre-tax profits of over 50%
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NewsCity snapshot: Tangerine invests £7.5m in York plant as it consolidates Big Bear production
UK-based sweet maker Tangerine Confectionery has invested £7.5m in its York factory as it formally integrates Big Bear Confectionery months after merging with the struggling brand. Plus all the rest of the latest news from the City.
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NewsTangerine to manufacture key Big Bear brands at upgraded York factory
The investment will see production of Big Bear’s key Fox’s and Poppets brands move to Tangerine’s York site.
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NewsKraft Heinz woes continue as it reports ‘unacceptable’ interim results
The packaged food giant reported pre-tax profits of $1.17bn, down 50% year-on-year
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NewsNumber of food & drinks suppliers in ‘distress’ grows amid economic slowdown
The number of food & drinks manufacturers in financial distress has increased by a further 3%, as Brexit uncertainty and weak consumer spending took its toll
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NewsAston Manor profits plunge despite sales increase as exceptional costs hit
Profits have tumbled at cider producer Aston Manor despite sales rising 5% in the first year of ownership under French co-operative Agrial as one-off costs hit the bottom line.
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NewsDiageo swoops for a majority stake in Seedlip
The deal – completed for an undislosed amount – follows Diageo’s minority investment in Seedlip in 2016
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NewsHarvey Nichols bakery supplier expects £8k hit after Whaley Bridge dam evacuation
Derbyshire-based wholesale bakery Buxton Pudding Co was forced to halt production and abandon its premises after the partial collapse of the local dam