All Finance articles – Page 320
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News
Sales plunge at Fruit Bowl maker Stream Foods amid contract loss and difficult market
Stream Foods sales and profits dropped last year with the firm blaming a “tough” and “unpredictable” market for its poor annual performance
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News
City snapshot: First quarter sales rise at Premier Foods on branded growth
Premier Foods increased group sales by 1.1% in its first quarter, driven by 2.9% growth in branded sales. Plus, first half sales and profits rise at Nichols, Hotel Chocolat sales jump 14% in the year to the end of June, AG Barr shares plunge and all the rest of the latest news from the City.
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News
Media Bites 17 July: AG Barr, Farming, Wholefoods
AG Barr shares collapsed 28% to 623p after the Irn-Bru maker blamed a lack of Scottish sunshine for an expected 10% fall in sales.
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News
BeFries seeks funding to launch vegan sauce range into UK supermarkets
A Belgian-style fries restaurant is seeking to raise £30k to launch its vegan sauce range onto supermarket shelves
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Meat supplier Cheshire Food rescued out of administration
The Manchester-based meat wholesaler collapsed following a tough trading period which “rendered the company insolvent”
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AG Barr shares plummet 28% after shock profits warning
Irn-Bru maker AG Barr has lost more than a quarter of its value today after issuing a shock profits warning.
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News
Brits splashing out on fizz as sparkling wine prices surge
The average price per litre of many of the UK’s bestselling sparkling wine brands has risen significantly over the past 12 months
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News
Bidfood acquires Brighton-based wholesaler Elite Fine Foods
Elite delivers to more than 2,500 catering establishments across the UK from its seven multi-temperature sites
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News
Crowdfunders burnt as Hop Stuff rescued from administration by Molson Coors
London-based craft brewer Hop Stuff has been sold to Carling owner Molson Coors in a pre-pack deal, wiping out £1.5m of crowdfunding investment.
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City snapshot: AG Barr issues profits warning as poor weather hits sales
Irn-Bru maker AG Barr has warned its full-year profits will fall by up to a fifth after trading has been hit by poor UK weather and pricing increases.
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News
Media Bites 16 July: AB InBev, Juul, Farming
AB InBev might have another go at selling shares in its Asian business should a market-lifting breakthrough occur on US-China trade disputes
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News
M&S opens Simply Food concessions in WH Smith stores
All four of the WH Smith branches are in areas where an M&S has closed as part of a five-year transformation programme ann…
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News
Gousto to expand automation and AI as it secures further £30m cash injection
Meal kit delivery business Gousto has secured further £30m in funding to expand automation and grow its technology team.
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News
Warburtons plans to shut down Newburn bakery amid challenging market
Warburtons entered redundancy consultations with staff members at its Newburn bakery, Newcastle, amid plans to shut down the facility.
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News
Bulldog Skincare revenues soar but profits fall on marketing spend and NPD
Annual sales at male grooming company Bulldog Skincare jumped but profits were slashed by heavy marketing spend and NPD
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News
City snapshot: Retail footfall slumps in June as high street woes continue
Retail footfall slumped in June as poor weather and Brexit uncertainty continued to bash the struggling UK high streets. Plus, new FD for Real Good Food, Sports Direct delays results and all the rest of the latest news from the City.
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News
Media Bites 15 July: AB InBev, Retail footfall, Hop Stuff
The largest stock market float of the year has been pulled by Anheuser-Busch InBev after weak investor appetite for the overpriced sale of its Asia-Pacific business.
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News
Raylex Brands acquires Wow Drinks to grow plant-based portfolio
Raylex said the acquisition would help on its mission to build a plant-based drinks portfolio
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Analysis & Features
Is Dan Jago the right man to see Majestic take back its crown?
Reports have linked the former Berry Bros & Rudd CEO to a possible top job at the wine warehouse
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News
Tony Holmes among three directors to leave Bestway in shake-up
Two other directors Edward Smeaton and Carolyn McMenemie have also left the business