All Finance articles – Page 72
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NewsLove Hemp falls to second administration in a year
Love Hemp was bought out of administration in 2022
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NewsMockingbird 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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NewsCity 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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NewsMedia 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 & OpinionIt’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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NewsCity 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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NewsGenius 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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NewsAG 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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NewsCity 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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NewsMedia 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 & OpinionWaitrose ‘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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NewsWaitrose 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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NewsOddbox 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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NewsMedia 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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NewsCity 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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NewsPromise 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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NewsLiquid 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
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NewsMedia Bites 13 March: Morrisons, CMA/vet sector, Aldi
The parent company of Wm Morrison has reported an annual loss of more than £1bn due in part to high debt finance costs
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NewsCity snapshot: Resurgent Tesco and Sainsbury’s supports first-half profit growth at Supermarket Income REIT
Property investor Supermarket Income REIT has boosted operating profits by 18% to £45m in the first half following a 10% increase in rent at the company to £104.7m
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NewsBold Bean Co hires Andrew McIntosh as head of grocery
McIntosh’s past roles include sales manager for posh popcorn brand Joe & Seph’s and most recently as head of international, UK grocery and wholesale sales at vegan confectionery brand LoveRaw