All Finance articles – Page 46
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News
Arla invests £179m to become ‘global mozzarella player’
The investment will allow the dairy co-op to ‘significantly’ increase mozzarella production for export markets
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News
Naked Wines shares hit by reports on debt advisor
Shares in Naked Wines have suffered a fresh slump today after media reports about a refinancing spooked investors in the embattled online wine retailer
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News
YF appoints fmcg veteran Chris McLaughlin as non-exec
McLaughlin brings more than 20 years of industry experience to the role, including time with Kellogg’s, Tesco and St Pierre Groupe
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News
Love Hemp falls to second administration in a year
Love Hemp was bought out of administration in 2022
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News
Mockingbird Raw Press adds Mark Cuddigan as new board member
Mockingbird Raw Press has added This CEO Mark Cuddigan to its board to advise the cold-pressed smoothies and juices brand on its growth strategy
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News
City snapshot: Reckitt Benckiser shares reeling after US baby formula ruling
Shares in Reckitt Benckiser have rallied this morning but remain at ten-year lows after the multinational saw £5bn wiped from its value on Friday as investors worried about the group’s exposure to lawsuits in the US
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News
Media Bites 18 March: Reckitt Benckiser, Coca-Cola Europacific Partners, Nespresso
Reckitt Benckiser saw £5bn wiped from its market cap after the group was ordered to pay $60m in damages to a mother whose premature baby died after being fed Enfamil infant formula
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Comment & Opinion
It’s a miracle: how water brand Liquid Death is valued at $1.4bn
Here’s 10 reasons for the phenomenal valuation and ‘hypergrowth’ of Liquid Death, the most adult of soft drinks brands
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News
City News: Deliveroo shares rise as it progresses towards break-even
Deliveroo shares were up on Thursday as the delivery giant moved closer to breaking even, but concerns persist over its ability to meet demanding growth forecasts amid cuts to marketing
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News
Genius losses rise to £2.4m in first year of Katjes ownership
Losses increased at gluten-free bakery Genius Foods in the year of its takeover by German confectionery group Katjes
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News
AG Barr to cut 200 jobs as its switches wholesale delivery model
Irn-Bru owner AG Barr is slashing almost 200 jobs in a cost-cutting overhaul that will see the drinks producer change the way it supplies symbol operators and independents
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News
City snapshot: WH Smith CFO Robert Moorhead to retire
WH Smith’s long-serving CFO Robert Moorhead is planning to retire from his position later this year after more than 20 years with the retailer. Plus, Iain McDonald is leaving the board of THG at the end of the month after 14 years
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News
Media Bites 15 March: John Lewis Partnership, Unilever, Greencore, Deliveroo
The John Lewis Partnership results gets acres of coverage in this morning’s papers
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Comment & Opinion
Waitrose ‘back to basics’ store approach bodes well for JLP’s turnaround
The partnership is back in profit after two years of consecutive losses and lost market share
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News
Waitrose to open first new stores for a decade after returning JLP to profit
The rollout would include a mixture of Waitrose supermarkets and convenience stores, executive director James Bailey told The Grocer
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News
Oddbox records second year in the red with losses of £3.7m
Food waste campaigner Oddbox has recorded another year of losses as revenue growth reversed amid challenging market conditions for DTC providers
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News
Media Bites 14 March: John Lewis Partnership, Nestlé
The latest annual results from the John Lewis Partnership get lots of attention in this morning’s papers
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News
City snapshot: John Lewis Partnership bounces back to profit on strong Waitrose performance
The John Lewis Partnership has rebounded into annual profit on strong sales and profit growth at Waitrose, but it will not pay a staff bonus again for the year
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News
Promise Gluten Free set for auction as owner explores options
The Grocer has learned an information memorandum is set to be sent to possible buyers in the coming weeks by Lincoln International, which is running the auction process
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News
Liquid Death hits unicorn $1.4bn valuation as it raises $67m for NPD drive
Liquid Death has closed a $67m (£52.4m) fundraising round to value the cult canned water brand at $1.4bn (£1.1bn) as it seeks to ramp up distribution in its domestic US market and accelerate NPD