All Finance articles – Page 42
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NewsKitwave’s record performance overshadowed by profits warning
A profits warning at Kitwave has overshadowed the firm’s record first-half results
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NewsChivas Brothers CEO to take on ‘global brands’ role at Pernod Ricard
The appointment comes with the future of Pernod Ricard’s Chivas Brothers unit unclear
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NewsTonic Health secures £3m investment to back its mission to improve nutrition in the UK
The investment will be used to launch new products, expand the retail footprint and double down on Tonic’s content-first approach to consumer health
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NewsSupreme brews up record underlying profits thanks to Typhoo and Clearly Drinks deals
Supreme has posted record profits thanks to a buy-and-build strategy that has diversified the vaping, batteries and lighting group into the drinks market
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NewsSainsbury’s hits highest market share in a decade after sunny spring
Growth at Sainsbury’s has accelerated in its first quarter thanks to fine spring weather and the group’s improving value proposition
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NewsNeutonic raises £3m for expansion of nootropics drinks and supplements
Neutonic sales have hit $10m so far, with more than three million cans sold since launch and a number one position on Amazon in the energy and grocery categories
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NewsGousto in ‘best shape ever’ as it readies for pivot back to growth
Revenues in 2024 nudged £3m higher to £312m, after creeping up by 1% in the previous year, as the recipe box operator shifted focus to the bottom line
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NewsSofina Foods acquires Northern Irish meat company Finnebrogue
The acquisition is designed to bolster the seafood and pork giant’s ambitious growth plan
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NewsJones Food Company collapsed owing creditors £22m
The Lydney, Gloucestershire-based business was placed into administration on 7 April, with 61 staff made redundant
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NewsEagle Eye expands offering into real-time couponing thanks to Promotional Payments Solutions acquisition
Grocery tech firm Eagle Eye has acquired Promotional Payments Solutions for £5.5m to expand its offering to include real-time CPG couponing
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NewsWH Smith slashes valuation of high street business to get sale over the line
WH Smith has completed the sale of the UK high street business after being forced to renegotiate and slash the valuation as trading at the stores continued to struggle
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NewsCampari culls Cinzano as portfolio trimming gets underway
The Aperol brand owner set out plans to cut costs and divest non-core brands last October
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NewsEgg processor Bumble Hole acquired by Hardeman
The companies were now more ‘agile, resilient, and ready to lead in a rapidly evolving market’, according to Ton Gielen, CEO of The Hardeman Egg Group
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NewsBoots market share growth continues in third quarter
Like-for-like retail sales grew by 6% in the three months to 31 May, while pharmacy sales rose 5.4%
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NewsMedia Bites 27 June: Post Office criminal investigation, Dr Squatch acquisition, food waste
The police criminal inquiry into the Post Office Horizon IT scandal is investigating more than 45 individuals
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NewsReturn to growth provides shot in the arm for THG shares
Shares in THG have rallied to a three-month high after the business returned to growth in Q2
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NewsCooks Coffee sales and profits surge as expansion pays off
The franchise café chain aims to have 300 stores by 2034
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NewsMedia Bites 26 June: Asda £600m loss, M&S slowdown and a strawberry sandwich
News that Asda reported an almost £600 million loss last year was widely reported in yesterday’s papers
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NewsEuropean Commission opens investigation into Mars-Kellanova deal
Preliminary investigations raised fears the Mars-Kellanova deal could lead to higher prices on shelves
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NewsPZ Cussons pulls St Tropez auction as self-tan brand struggles in the US
PZ Cussons has abandoned plans to flog the St Tropez self-tanning brand after running an extensive auction process