All articles by Harry Holmes
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NewsCity snapshot: Obesity drug Wegovy up 50% plus fruit & veg sales soar
Its a healthy morning as Novo Nordisk says sales of its obesity drug, Wegovy, rose 57% last year while Brits are buying more fruit & veg to stay healthy and keep costs down
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NewsNew year health kick sees fruit & veg sales rocket
Half of all UK households now say they cook from scratch most days
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NewsTony’s Chocolonely sales hit €200m but losses mount due to record cocoa prices
The strong growth came amid a tumultuous year for chocolate makers as cocoa prices hit record highs
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NewsPepsiCo misses sales forecasts due to weak US demand
Shares in the company fell 2% in pre-market trading
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NewsCity snapshot: Diageo’s shares slip after scrapping sales forecast
Diageo shares have slipped in early trading after the drinks giant issued a crucial set of half-year results. Also, supermarket sales keep rising in January
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NewsDiageo removes medium-term sales guidance as US tariffs loom
The drinks giant blamed economic and political uncertainty for the removal of a medium-term target
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NewsWH Smith shares surge as investors welcome potential high street sell-off
The share price rose 8% following the results on Wednesday, bringing its total gain for the week to more than 12% as investors welcomed news of the potential for a more focused travel group
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Comment & OpinionWho would buy WH Smith’s high street stores? And why?
News of the proposed sale of WH Smith’s high street stores did not come as a surprise – but it would be foolish to bet against the retailer
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NewsScience in Sport reset now ‘well underway’
The sports nutrition business saw revenue finally pick up in the second half of the year
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NewsGusbourne falls back on DTC as wine sales stutter
Direct sales now make up a third of the English wine maker’s revenue
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NewsCity snapshot: Fever-Tree shares up 16% after Molson Coors buys stake
Molson Coors is buying a 8.5% stake in Fever-Tree for £71m as part of a long term partnership in the US, Liberation Labs closes a $50.5m fundraise, and retail crime hits all time high.
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NewsMolson Coors buys 8.5% stake in Fever-Tree as part of US tie-up
Fever-Tree co-founder and CEO Tim Warrillow called it a ‘transformational step’
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NewsDiageo sells Cacique rum to La Martiniquaise
It’s the second brand sold by Diageo in six months
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NewsCity snapshot: WH Smith high-street sales slides but Morrisons is on the up
WH Smith’s high-street stores saw sales fall 6% as the company gears up for a potential sell-off. Morrisons delivered its strongest quarter for almost four years
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NewsNaked Wines give investors first glimpse of possible turnaround
Naked has pivoted away from attracting customers through heavy discounting
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NewsWH Smith high street sales down 6% ahead of potential sell-off
The retail chain has confirmed it is in talks to sell its high street business to focus exclusively on the Travel division
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NewsIsla Délice picks up German-halal brand Gurkan
Isla Délice also own Takul, one of the UK’s fastest-growing halal brands
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NewsDot Dot Bubble Tea wins backing on BBC’s Dragons’ Den
Dot Dot is now focused on securing listings in Waitrose, Sainsbury’s and Tesco
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NewsDeliveroo funds ‘Airbnb for bike parking’ to combat bike theft
Hudjo was started after its two co-founders had their bikes stolen while working as Deliveroo riders
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NewsCity snapshot: Pets at Home revenue slide continues while AG Barr fizzes
Pets at Home’s revenue drop in the third quarter. AG Barr sees double digit profit growth, and shop prices down for second consecutive month.