All articles by Henry Saker-Clark – Page 7
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NewsCity Snapshot: International sales drive "robust" performance at Bakkavor
Listed ready meals giant Bakkavor (BAKK) has heralded a “robust” performance in 2018 after reporting 3.2% year-on-year growth, UK recipe kit business SimplyCook secures funding, and the rest of the news from the City
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NewsMedia Bites 18 Jan: Premier Foods, ABF, Patisserie Valerie
Premier Foods has blamed problems with its logistics overhaul for sliding sales at the end of last year
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NewsFormer Mondelez UK MD Mike Taylor joins Montezuma's as Chairman
The appointment comes two months after Montezuma’s was acquired by Inverleith LLP
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NewsCity snapshot: Bart Becht resigns as JAB Holdings chairman
The chairman of JAB Holdings, veteran dealmaker Bart Becht, has resigned after a reported split with his two partners, Lindt & Sprüngli saw sales jump 5.5% in 2018, and the rest of the news from the City
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NewsMedia Bites 15 Jan: JAB Holdings, Stockpiling, Gillette
Bart Becht, the chairman of Pret-owner JAB Holdings, has quit after a split with his two partners
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NewsYoung Foodies and Spayne Lindsay launch funding platform
The fmcg community network and the corporate finance firm have launched YF funding to aid founders and investors
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NewsProfits plunge 29% at Oscar Mayer after PE takeover
The ready meal supplier saw profits fall on the back of rising raw material costs
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NewsProfits slump at Princes after 'raw material price increases'
Princes had already announced plans to shut down its Chichester manufacturing site in 2020
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NewsGato & Co secures £200k cash boost after rejecting Dragons
Seven new investors have backed the pudding supplier in the new funding round
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NewsCity snapshot: Lidl festive sales jump 8%
Sales at Lidl jumped 8% year-on-year over the festive period, driven by strong sales of its Deluxe range. Plus Fortnum & Mason sales surge 12% over Christmas and all the latest news from the City.
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NewsMedia Bites 11 January: Tesco, Marks & Spencer, John Lewis
Tesco achieved its highest rate of Christmas sales growth in the UK since December 2009
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NewsSainsbury's festive sales fall 1.1% despite grocery growth
Sainsbury’s has blamed “cautious consumer spending” for a 1.1% fall in like-for-like sales over the Christmas period, Naked Wines has driven growth at Majestic, and much more on a busy day in the City
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NewsMedia Bites 9 Jan: Morrisons, Grocery market share, John Lewis
Morrisons reported a like for like festive sales jump of 3.6%, though its core retail business grew by a more modest 0.6%
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NewsKit's Peanut Chutney reaches out to crowd for £100k cash boost
The unique condiment brand was founded last year by former Candy Kittens head of digital marketing Max Maharajh and his uncle Kit
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NewsMindful Chef secures £6m investment from PE firm Piper
The healthy recipe box business received the cash boost to drive rapid growth plans
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NewsMedia Bites 7 Jan: Marks & Spencer, Morrisons, Christmas trading
Marks & Spencer is set to lose the battle of the Christmas aisles as its struggling food arm posts its worst festive performance for a decade
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NewsMeal kit supplier Gousto secures £18m cash injection
The direct-to-consumer business received the funding from fitness guru Joe Wicks, alongside a group of existing investors
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NewsAddo Food Group plunges into red in first year of PE ownership
PE house LDC completed a secondary buyout of the Pork Farms munfacturer in April 2017
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NewsMelrose & Morgan seeks £250k to fund two store openings
The business is offering investors 12.2% equity based on a £1.8m valuation