All Finance articles – Page 6
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News
Bulk shapes up for more growth following record year
An increase in the popularity of strength training has lifted DTC nutrition brand Bulk to a record performance as revenues jumped 30% to £123.1m in 2023
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News
City snapshot: UK retail footfall sees biggest bounce back since 2021
Footfall in UK retail destinations saw the strongest rise since 2021 as shoppers returned to the high street
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News
Media Bites 30 May: Boots, loyalty cards, M&S
Profits at UK pharmacy chain Boots soared last year, driven by beauty sales and more shoppers visiting its stores
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News
Gousto returns to the black as it prioritises profits over growth
Revenues were almost flat year on year in 2023, nudging up by 1% to £308m as the recipe kit business turned off the tap for customer acquisition to focus on retention and save money
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News
M&S announces Alison Dolan as new CFO
Dolan is currently CFO of leading digital property portal Rightmove, a post she has held since 2020
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News
Bear launches £2m crowdfunding round to expand coffee chain nationally
Schoolfriends Craig Bunting and Michael Thorley founded the business in 2014 and opened the first Bear site in their hometown of Uttoxeter in 2016
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News
Anglesey cheese plant Mona Dairy on brink of collapse
Directors at the plant said they had failed to source sufficient short-term funding for it to keep functioning in its current form
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News
Valeo Foods hits the acquisition trail once again with takeover of Dal Colle
Valeo Foods Group is back on the acquisition trail with a deal to buy Italian bakery producer Dal Colle as the ambient giant looks to build a platform across Europe
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News
Nomad Foods hires new CFO to succeed Samy Zekhout
Frozen food giant Nomad Foods has appointed Ruben Baldew as chief financial officer to succeed Samy Zekhout, who is leaving to explore new opportunities
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News
Media Bites 29 May: Ocado, Fever-Tree, Online food delivery
Ocado is set to drop out of the FTSE 100 after six years. as it is poised to get booted out when the latest reshuffle takes place in June
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News
City snapshot: Profits tumble at Pets at Home despite sales growth
Profits have fallen at Pets at Home despite revenues growing at the petcare retailer, but the group still held its forecast for the new financial year
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News
Melrose & Morgan appoints liquidators and closes north London sites
‘It is with huge regret that we have to advise you that the company is not in a position to continue trading,’ states an email sent to employees
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Comment and Opinion
£700m for Princes suggests the deal famine could be over
After plenty of twists and turns, Japanese conglomerate Mitsubishi has secured a deal to sell its canned food giant Princes in a deal that augurs well for the long-awaited uptick in food and drink dealmaking to finally take hold
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News
Media Bites 28 May: Princes, election, inflation
There’s plenty to catch up on in the papers over the bank holiday weekend
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News
City snapshot: Italian food group Newlat buys Princes for £700m
Italian food group Newlat has bought canned food giant Princes from Japanese conglomerate Mitsubishi Corporation in a deal worth £700m
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News
City news: M&S delights investors as turnaround finally takes hold
Investors lapped up declarations from Stuart Machin of Marks & Spencer entering a new era as a hard-fought and long-awaited turnaround started to bear fruit
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News
City snapshot: wet weather dampens UK retail sales
Retail sales volumes plunged by 2.3% in April as wet weather and cost of living constraints hit activity across the sector
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News
Media Bites 24 May: Mondelez, Morrisons, Gusbourne
The papers pick up on a €337.5m fine for Mondelez after the Toblerone, Milka and Oreo was found to be involved in anti-competitive practices in the EU
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News
Hunter & Gather secures £500k to help maintain rapid growth
Hunter & Gather has secured a six-figure investment to support its expanding retail distribution and maintain rapid growth
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News
Blockhead appoints liquidators weeks after running crowdfunding campaign
Functional chewing gum startup Blockhead has collapsed just weeks after attempting to raise £500k in a crowdfunding campaign