Latest Headlines – Page 531
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NewsMedia Bites 17 Jan: GSK/Unilever, Asda/Boots, WH Smith
Unilever is pursuing an audacious deal for GlaxoSmithKline’s consumer arm after tabling a bid worth £50bn
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NewsUnilever signals intent to continue pursuit of GlaxoSmithKline consumer health arm
Unilever has signalled its intent to reposition its porfolio into higher growth categories and called the GlaxoSmithKline consumer healthcare division “a strong strategic fit” for the group.
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NewsCity rewards Sainsbury’s over the big winners of Christmas Tesco and M&S
If Tesco and Marks & Spencer were the big listed grocery winners of Christmas, they received scant reward from the City this week, which sent shares down on their Christmas trading updates
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NewsKids snack brand Bear revamps Yoyo range
The move would “dial up the fun, taste and health credentials of the Bear Yoyos products to better resonate with both parents and kids”, said the brand
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NewsCook My Grub kicks off £1.5m funding drive to fuel ten-fold growth in customers
The food delivery marketplace is seeking to raise the cash through a combination of VC, high net-worth individuals and private and angel investors.
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NewsImagr appoints former Coop Denmark CEO Peter Hogsted as CCO
The company is set to partner with a British supermarket chain to go live in store in the first half of this year
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NewsFortnum & Mason sees online growth drive Christmas sales
Fortnum & Mason also recruited over 700 additional staff over the festive period to support the surge in online demand
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NewsLucozade adds Original flavour to Alert stimulation lineup
Lucozade’s fledgling stimulation range launched in October 2021
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NewsRitter Sport launches vegan ‘Without Moo’ chocolate bars
The bars have rolled into Ritter’s web store, where they will be available exclusively to the brand’s DTC consumers
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NewsSainsbury’s promotes Graham Biggart to new role of chief transformation officer
McColl’s chief commercial officer Richard Crampton is to return to Sainsbury’s in March to take on Biggart’s current role
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NewsPernod Ricard to distribute La Hechicera rum in the UK
The brand’s name translated into English means ‘The Enchantress’
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NewsBP and M&S extend convenience agreement until 2030
M&S Food is now available at almost 300 BP-operated sites, with some stocking up to 1,300 products
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NewsDash adds wonky mango-flavoured sparkling water to its lineup
The brand had saved the “rejected knobbly, bobbly mangoes, fusing the wonderfully unwanted wonky fruit into freshly-sprung, sparkling water”, it said
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NewsPeperami looks to bring adults to meat snacking with chorizo launch
After making a high-profile debut in the plant-based category with its Vegerami bites in June 2021, the meat snack staple returned to pork for its latest NPD
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NewsHand sanitiser sales up fourfold against pre-pandemic figures
Consumers bought £38.7m worth of hand sanitiser in the year to 26 December 2021
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NewsCity Snapshot: Arora family sells £234m stake in B&M
SSA Investments, the investment vehicle of the Arora family, has sold reduced its shareholding in B&M Bargains owner BME European Value Retail from 11% to 7% after placing £234m of shares last night. Plus, McColl’s CCO heads to Sainsbury’s and all the rest of the latest news from the City.
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NewsMedia Bites 14 January: Tesco, M&S, Caffè Nero, Ocado
Christmas results from Tesco and M&S get blanket coverage in this morning’s papers.
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NewsFruit lager Jubel seals £2.7m funding to back growth
Magners producer C&C Group, which already owns a minority stake in the brand, provided follow-on funding.
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NewsAlpro rolls out ‘closest match to dairy milk’
Not M*lk is made from European-grown oats and is said to have a “creamy and smooth” texture
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NewsBramble Foods undergoes MBO backed by private equity firm LDC
The minority investment from the PE firm will help accelerate organic growth and build scale through bolt-on acquisitions.