All articles by Henry Saker-Clark – Page 16
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NewsMedia Bites 4 Sept: Retail sales, Casino, Coca-Cola/Costa
The pressure on Britain’s struggling high streets increased in August with retail sales growth slowing as a two-month heatwave came to an end
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NewsCity snapshot: Finsbury Food Group acquires free-from bakery Ultrapharm
British bakery manufacturer Finsbury Food Group has expanded further into free-from trends by purchasing specialist bakery business Ultrapharm, Ocado bosses have sold more than £150m in shares, and this week’s City diary
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NewsMedia Bites 3 Sept: Costa Coffee/Coca-Cola, Sainsbury's, Ocado
Coca-Cola’s £3.9bn deal to buy the Costa Coffee chain has highlighted the lengths to which food and drinks companies are going to keep pace
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NewsCause for optimism at Pernod Ricard as sales grow 6%
Jameson’s rocketing performance gave cause for optimism at the world’s second-largest distiller.
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NewsKP Snacks sales jump 10% after Butterkist acquisition boost
The crisp and nut specialist saw sales jump to £345.7m, driven by its buy-and-build growth strategy
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NewsNorthern Bloc ice cream seeks £400k cash injection
The ice cream maker intends to use the cash boost to invest in sales distribution, marketing and NPD
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NewsCampbell Soup Co to sell fresh and international arms
The turnaround plan will see the New-York listed business divest in its overseas and fresh food business, which together make around a quarter of revenues
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NewsPurity brewing company gets £7.5m cash boost
The new funding will be used to support Purity’s plans “to expand across the UK, grow export sales, and to develop new products
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NewsPernod Ricard ups profit forecasts as Jameson helps drive growth
The world’s second largest distiller Pernod Ricard increased its profit forecast after profits jumped 6.3% for the year.
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NewsMedia Bites 29 Aug: Retail prices, Amazon, Ocado
Hot weather pushed up food prices as a lack of rain has made it tougher to grow crops and find enough feed for livestock
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NewsPrinces Gate water sales slump 6% prior to Nestlé acquisition
For the year ending 30 November 2017, the thriving producer saw sales dip 6%, from £14.7m to £13.8m
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NewsFree-from brand Creative Nature reaches out for £350k cash boost
The vegan baking mix and snack bar maker has reached out to the crowd for £350k at an equity of 6%, valuing the growing business at around £5.5m
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NewsMcCormick UK sales up in first period with French's & Frank's
McCormick bought RB’s table sauce business, including French’s & Frank’s brands, for $4.2bn in August 2017
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NewsCity snapshot: Earnings up 29% at Young's Seafood as sale process continues
Youngs Seafood has boosted earnings 29% in the third quarter on the back of cost-cutting as the Grimsby business continues its search for a buyer, Brewdog heralds a period of “substantial growth, and the rest of the news from the City
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NewsMedia Bites 24 August: Sainsbury's/Asda, National Lottery, Brexit
The UK competition watchdog has launched a formal investigation into the proposed merger between supermarket chains Sainsbury and Asda
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NewsGenesis Crafty bakery bought by Tayto boss in rescue deal saving 260 jobs
Family bakery, McErlian’s suffered “trading difficulties” in the past year and enterted administration earlier this week
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NewsGSK seeks bids for Horlicks and consumer nutrition brands
Bidding will begin next month for Horlicks and the rest of Glaxosmithkilne’s (GSK) global consumer nutrition business.
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NewsMedia Bites 22 August: Sainsbury's/Asda, Retail sales, GSK
A leading Sainsbury’s shareholder says its proposed merger will bring it “toe-to-toe” with Tesco
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NewsValeo Foods completes acquisition of Dip-Dab maker Tangerine
PE giant Blackstone sold the confectionery company to the fast-growing Capvest-owned consumer group
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NewsBeetroot ketchup brand The Foraging Fox raises £700k from angel investors
Funding from the investment round will go towards recruitment and production in order to fulfil increased listings and NPD