All Finance articles – Page 28
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NewsFever-Tree’s profits fall after Molson Coors tie-up
Molson Coors bought a stake in Fever-Tree this year as part of a deal to produce, distribute, and sell the drinks brand in the US
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NewsTHG profits down a third due to high whey prices
But the company said trading momentum is building with strategic model changes now bearing fruit
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NewsJohn Lewis Partnership racks up losses in pursuit of rivals
The group insisted it is still ‘well positioned’ to deliver full-year profit growth
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Promotional FeaturesHow retailers can adapt to inflation-driven shopping shifts
Inflation anxiety across the globe is translating directly into changed shopping habits, making it difficult for retailers to respond accurately and efficiently. Here, Trevor Jordaan, senior industry strategies director at Blue Yonder, explains the dynamics in different markets and how retailers need to adapt.
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NewsHeineken ups stake in Served but ditches Rum Stripe after sales flop
The brewer paid £2.4m to increase its minority shareholding in Served to 40% last year
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NewsAssociated British Foods struggles with losses for Allied Bakeries and sugar business
ABF CEO George Weston said in a trading update this morning that he was ‘pleased’ with how the group performed in the second half of its financial year
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NewsBen & Jerry’s co-founders intervene in Magnum investor day to demand divestment
The co-founders of Ben & Jerry’s have called on The Magnum Ice Cream Company to release the brand from its ownership, as a dispute over the “erosion” of Ben & Jerry’s progressive voice boils over
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NewsPret a Manger unveils meal deals and US expansion as 2024 sales jump
The new medium-term strategy will see Pret doubling down on value to grow transactions and increase food-to-go market share
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NewsSOS Wholesale enters administration as majority of staff made redundant
The discount delivered wholesaler has suffered from rising input costs and changing consumer spending habits over recent months
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NewsMomo Kombucha raises £2m in biggest funding round to date
The cash – raised from 24 angels, including Brixton Brewery co-founder Jez Galaun and Natoora founder Franco Fubini – is earmarked for a new fit out of the brewery at New Covent Garden Market to help the business scale faster
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NewsEvri-DHL merger wins unconditional approval
The Competition & Markets Authority has cleared a proposed merger between Evri and DHL, creating a combined group capable of delivering more than a billion parcels each year
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NewsLuke’s Bakery ready for next chapter as Pipers Crisps founders invest
Sourdough startup Luke’s Bakery has scored backing from two experienced food industry figures
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NewsRetailers cautious ahead of ‘golden quarter’ despite strong summer
The autumn budget will fall just days before Black Friday, making retailers uneasy about its impact on Christmas spending
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NewsPets Choice swoops for Kennelpak brands
Petfood manufacturer Pets Choice has swooped for several brands from collapsed wholesale petfood supplier and distributor Kennelpak
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NewsCapVest-owned Natra expands into peanut butter with Bredabest deal
The move would create a ‘powerhouse in sweet spreads and confectionery, combining expertise, innovation and scale to better serve customers across Europe and beyond’, according to Natra
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NewsTreatt sells up in £160m private equity takeover
Treatt has come under immense pressure from investors this year after twice downgrading its profit guidance
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NewsDomino’s enters fried chicken market amid faltering pizza sales
In contrast to the struggling pizza market, Brits’ insatiable appetite for fried chicken shows no sign of slowing
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NewsItsu Grocery credits NPD for 20% leap in turnover
UK turnover leapt 20% to £57m at Itsu’s grocery wing in 2024
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NewsGhost Ship’s Adnams tacks against headwinds to slash losses
Ghost Ship brewer Adnams has overcome sales headwinds to slash its operating losses by two-thirds (62.1%) in the first half of 2025
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NewsPlant-based plastic alternative company secures $14m funding
Xampla said it would use the cash injection to replace more than 10 billion units of the most polluting single-use plastics, including the plastic linings found in takeaway boxes, coffee cups and sachets