Finance news – Page 147
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NewsSeabrook sales hike boosts Calbee profits
Newly filed accounts revealed 2020 turnover of £43.7m.
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NewsSteyaert to succeed Nervegna as Ferrero UK&I boss
Alessandro Nervegna will move into the role of chief business officer for the international area.
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NewsAston Manor reports record performance in face of Covid challenges
The cidermaker has posted a record performance in 2020 despite the hospitality sector battling mass disruption throughout the pandemic
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NewsEY-Parthenon hires Oliver Wyman consultant for consumer products team
EY-Parthenon has appointed retail specialist Duncan Brewer as partner to its consumer products and retail team
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NewsInnocent turns pandemic sales decline around
CEO Douglas Lamont told The Grocer “a steady return” of the impulse business as lockdown restrictions ended had led to “an encouraging” performance in 2021.
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NewsCity Snapshot: Consumer confidence hit by escalating inflation worries
Consumer confidence was dented in September on the back of growing anxiety about a potential cost of living crisis as gas prices shot up and food inflation looked set to kick in. Plus, Mexican fast-food chain Tortilla unveils plans for a flotation on London’s junior AIM market.
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NewsDalston’s eyes retail expansion as it beats £400k crowd target
Dalston’s has hit a £400k crowdfunding target within 24 hours of launching a campaign to help the challenger drinks brand’s ongoing recovery from the Covid pandemic.
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NewsMedia Bites 24 September: Driver shortage, inflation, Morrisons
A week of crisis continues, with the HGV driver shortage leading to disruption to Britain’s fuel supply.
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NewsConvenience stores to be ‘hard hit’ by business rates revaluation in 2023
The Valuation Office Agency adjusts the rateable value of business properties to reflect changes in the property market
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NewsSainsbury’s and Asda set to take at-risk EVCL Chill logistics operation in-house
The logistics provider is rumoured to be on the brink of entering administration
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NewsCity Snapshot: General Mills offers upbeat outlook after beating Q1 expectations
General Mills has posted sales and profits ahead of expectations in its first quarter as the US food group continues to reshape its portfolio. Plus, a trading update from Reckitt Benckiser and full-year results from Supermarket Income REIT.
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NewsMedia Bites 23 September: CO2, panic-buying, John Lewis
The fallout from the CO2 shortage continues to remain a hot topic for the papers this morning.
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NewsThe Cheeky Panda strengthens board ahead of IPO as Giles Brook invests in eco hygiene brand
The eco-hygiene brand has recruited serial entrepreneur and investor Giles Brook to strengthen its board ahead of an earmarked blockbuster IPO
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NewsCity Snapshot: PZ Cussons swings to a loss as turnaround effort makes progress
Personal care group PZ Cussons has swung into the red as it put a turnaround plan into action, with CEO Jonathan Myers hailing the initial progress but recognising there was “much more to do”. Plus, full-year results from Eagle Eye.
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NewsMedia Bites 22 September: CO2, Pret, Pernod Ricard
The CO2 crisis remains front-page news as the government strikes a deal to restart production.
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NewsPret a Manger unveils ambitious growth plans after losses spiral to more than £250m
The Covid pandemic wiped more than £400m from Pret’s sales in 2020
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NewsPernod Ricard expands in e-commerce with The Whisky Exchange acquisition
The London-headquartered business sells a catalogue of about 10,000 products online and in its three stores in London
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NewsCity Snapshot: C-stores boosted by return of pre-Covid shopping habits
A gradual shift to pre-pandemic shopping behaviour has delivered a boost to the UK’s convenience store market, according to the latest monthly data from NielsenIQ. Plus, a fourth quarter trading update from Compass Group, and full-year results from Real Good Food.
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NewsMedia Bites 21 September: CO2, Aldi, Philip Morris
The crisis in the food and drink industry caused by the CO2 shortage continues to make headlines in the papers this morning.
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NewsCity Snapshot: Finsbury Food Group shows signs of recovery from Covid
Bakery group Finsbury Food has boosted sales and profits as it adapted to the ongoing coronavirus pandemic and saw lost foodservice business begin to recover. Plus, Supermarket Income REIT has added six more supermarkets to its portfolio, and Ultimate Products has signed a license brand endorsement with Weight Watchers.