All Finance articles – Page 102
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NewsNice nears £1m in crowdfunding round to boost wine-on-tap offering
The canned wine startup has raised almost £1m from the crowd to boost the on-trade channel and invest in NPD
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NewsCity snapshot: John Lewis Partnership considers changes to employee-owned structure
The John Lewis Partnership is weighing up plans to dilute its 100% employee ownership in a bid to raise new investment in the face of difficult trading
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NewsMedia Bites 20 March: John Lewis Partnership, Princes Foods, THG
Speculation was rife over the future of John Lewis at the weekend, with reports suggesting it may dilute its 100% employee ownership to raise fresh investment
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Category ReportHow snack bars are becoming gold bars: snack bar mergers category report 2023
Healthier snack bar brands have become a key target for M&A. How can investors be sure to back a golden opportunity?
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NewsCity News: City harbours doubts over Deliveroo’s profitability progress
Deliveroo trumpeted it had made “excellent progress” on the path to profitability this week. However, concerns persist in the City over its ability to turn market share into profits amid tightening consumer spending
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NewsKTC snaps up Scottish margarine manufacturer Cardowan Creameries
The deal strengthened the private equity-backed group’s value-added processing capabilities and broadened the product offering, KTC said.
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NewsElla’s Kitchen growth soars as babyfood sector bounces back
Revenues soared 17.9% to £85.8m in the year ended 30 June 2022, according to newly filed accounts.
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NewsCity snapshot: Carlsberg names new CEO to replace retiring Cees ’t Hart
Danish brewing giant Carlsberg hired an external candidate, Jacob Aarup-Andersen, to replace Cees ’t Hart as CEO. Plus, Aldi increases store staff pay, Unilever restarts share buyback scheme and all the rest of the latest news from the City
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NewsMedia Bites 17 March: John Lewis, Deliveroo
The annual John Lewis results take centre stage in the business pages today, with room for Deliveroo as well.
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NewsWaitrose to expand convenience network amid declining online sales
Waitrose saw sales fall 3% to £7.3bn in the 12 months to 28 January, driven entirely by declining online sales
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NewsBrakes losses reduced to £57.2m after post-pandemic recovery
Newly filed accounts for Brake Bros, which include its parent company Sysco’s operations in Sweden and France, showed pre-tax losses had reduced by £161m
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NewsCity snapshot: John Lewis Partnership swings to £234m loss as it warns of job cuts
The John Lewis Partnership has plunged to a £234m loss on property writedowns and a drop in core profitability at both retail brands, while warning of future job cuts and declining to pay a staff bonus
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NewsMedia Bites 16 March: Budget, John Lewis, British American Tobacco
The Budget dominates the papers today, but there is plenty of coverage for John Lewis’ first-ever appointment of a CEO.
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Comment & OpinionBudget fails to alleviate pressure on companies caught in cost of living crossfire
After the chaos unleashed by the mini-budget last November, Jeremy Hunt’s ‘steady as she goes’ budget was not exactly unwelcome – though it left grocery industry participants frustrated that more help isn’t being offered
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NewsOatly shares surge on profitability promises and better end to 2022 than expected
Shares in Oatly have surged thanks to better-than-expected annual figures, promises of a future profit and $425m of new financing. CEO Toni Petersson said the group was ”well-positioned to start playing offence in 2023”.
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Comment & OpinionProfitability isn’t a dirty word. It’s fundamental to challenger brands
The focus on growth with massive expenditure and low ROI has wrongly overtaken the focus on long-term profitability, says Barty Walsh, co-founder at Ordo
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NewsSteven Bartlett’s Flight Fund invests $2.5m in personalised nutrition player Zoe
Dragons’ Den star Steven Bartlett has made a $2.5m (£2.1m) investment in personalised nutrition specialist Zoe via his newly launched $100m Flight Fund investment vehicle
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NewsMedia Bites 15 March: Asda/Co-op, Tesco, Sainsbury’s
Asda’s £600m takeover of the Co-op’s petrol forecourts could raise prices or lead to less choice, the competition watchdog has warned
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NewsCity snapshot: Vape maker Supreme sells IP of e-liquid brand T-Juice to La Vape Professional Distribution
Vape manufacturer Supreme has agreed to sell the intellectual property of premium e-cig liquid brand T-Juice to a French wholesaler for €4.5m.
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NewsOcean Saver plots ambitious grocery growth plan as it cleans up second crowd round
Sustainable cleaning challenger brand Ocean Saver has returned to the crowd as it seeks to double the size of its grocery business.