All articles by Henry Saker-Clark – Page 11
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Noveltea secures £340k funding after rejecting Dragon's Den offers
The alcoholic-tea start up rejected offers from three dragons on Sunday 4 November’s programme
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Coconut snacks brand Ape bought by private investor
Ape Snacks has been acquired for an undisclosed fee as investor interest in healthy snacking continues to boom
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Suntory reduces forecasts as UK Ribena sales slide
Global soft drink giant Suntory reduced its earnings forecasts on the back of surging supply chain costs in Europe.
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Media Bites 5 November: Marks & Spencer, Patisserie Valerie, Sainsbury's
Marks & Spencer explored a radical plan to split into two separate businesses before concluding that the move would not generate value for shareholders
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Direct-to-consumer start up Pasta Evangelists seals £1.7m cash boost
The pasta supplier, backed by Prue Leith and Giles Goren, secured the investment in an equity fundraise led by Guinness Asset Management
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Kellogg's, Unilever and PepsiCo jostle to buy Graze
PE owner Carlyle is understood to be looking to secure a sale by Christmas
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City snapshot: Global consumer giants jostle to buy Graze
Food giants Kellogg’s, Unilever and PepsiCo are battling to buy healthy snacks business Graze as bidding kicks off, EU search interest in UK brands surges and the rest of the news from the City
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Media bites 2 November: Waitrose, Ocado and B&M, Patisserie Valerie
Waitrose will pursue “mindful” consumers such as vegans and put quality food first over gaining market share, its managing director has said
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Samworth Brothers to buy 2 Sisters' Manton Wood sandwich factory
2 Sisters’ owner Boparan Holdings announced that it has agreed the sale of the site, also known as Solway Foods, which employs around 1000 staff, as it continues to transform its operations.
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High street butcher Crawshaw Group to hire administrators
High street butchers chain Crawshaw Group has announced plans to hire administrators, admitting it does not funds for a necessary restructure.
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Media Bites 31 October: WH Smith, Reckitt Benckiser, Ocado
UK retailer WH Smith has unveiled plans to buy US airport chain InMotion in a £155m deal to double its travel business, as part of a strategic shift amid declining high street sales
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City snapshot: Chancellor to announce High Street rates relief
The Chancellor is set to attempt to ease the pressure high street retailers by cutting business rates bills by a third for almost half a million small high street shops, Patisserie Valerie is the centre of takeover bid and the rest of the City news
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Media Bites 29 October: Asda, Patisserie Valerie, Sainsbury's
Asda said it is considering slashing up to 2,500 jobs as the UK’s third-largest supermarket chain faces mounting competitive pressures.
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Peyton & Byrne Bakeries split up in rescue deal
Peyton & Byrne Bakeries, the retail chain and wholesale bakery co-founded by Great British Menu judge Oliver Peyton, has been split-up in a rescue deal after it entered administration.
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Ice lolly maker Pops seeks £400k to expand production
The supplier has seen 100% growth over the past year following a nationwide listing wityh Tesco
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Mathew Dunn to leave Britvic after three years as CFO
Dunn will leave Britvic in April 2019 to move to online fashion retailer Asos
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Fresca Group sales dive 7% after Sainsbury's contract loss
Sales slid after the loss of the Sainsbury’s supply deal which was phased out in 2017
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Peyton & Byrne Bakeries falls into administration
The bakery chain co-founded by Great British Menu judge Oliver Peyton has entered administration.
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City Snapshot: Peyton & Byrne Bakeries files for administration
The bakery chain co-founded by Great British Menu judge Oliver Peyton, Peyton & Byrne Bakeries, has entered administration two years after a previous collapse. Plus all the rest of the latest news from the City.
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Hot weather in Europe drives Heineken third quarter sales growth
Heineken benefitted from the hot summer, as it posted 4.6% organic sales growth driven by the continued strong performance of its Heineken brand lager.