All Finance articles – Page 64
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Product News
Vogel’s launches picnic promotion
Seeded bread specialist Vogel’s has partnered with outdoor brand Anorak for a new Keep Exploring campaign.
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Product News
Carr’s records healthy profit growth
Unaudited figures show the food division of Carr’s Group has enjoyed a 6.3% rise in profit before tax for the year ended 29 August 2015.
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Appetite Learning is launched
William Reed Business Media, the publisher of British Baker, has partnered with Virtual College, the leading provider of e-learning and online training, to offer a range of materials for the food industry.
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News
Silvery Tweed Cereals appoints new ops director
Peter Thompson has joined Silvery Tweed Cereals as operations director.
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News
Morrisons hit by fresh sales slump
Supermarket chain Morrisons has seen another drop in sales, with a 2.6% fall in like-for-like (LFL) sales excluding fuel in the 13 weeks to 1 November 2015.
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Product News
Tate & Lyle sees pre-tax profits jump 28%
Tate & Lyle, the bakery ingredients supplier, saw its adjusted profit before tax increase by 28% this year to £103m.
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M&S sees static LFL food sales
High street retail chain Marks & Spencer (M&S) has recorded virtually static like-for-like (LFL) food sales figures, with just 0.2% growth in the 26 weeks ending 26 September.
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Product News
Liberalised sugar market could lead to a flood of cheap imports
Europe could be flooded by cheap sugar because of plans to liberalise the sugar market, according to a new study.
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News
New CEO at Samworth Brothers
Lindsey Pownall, the chief executive of Samworth Brothers, has reportedly decided to step down from the top job at the food group.
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Product News
Barry Callebaut posts profit dip, warns on year ahead
Global chocolate producer Barry Callebaut has warned about a “challenging” year ahead – after it saw its net profit decline by 5.9% to CHF240 million (£157m).
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Product News
ABF profits and revenues hit by commodity deflation and currency woes
Revenues and profit fell at Associated British Foods – the parent company of Kingsmill – as it was hurt by commodity deflation and currency difficulties.
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News
General Mills to axe Northumberland Jus-Rol plant
USA-based food group General Mills is to close its Jus-Rol pastry factory in Berwick-upon-Tweed, Northumberland.
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Global study identifies key bakery trends
A global study for Belgian ingredients manufacturer Puratos has unveiled key trends in the baking, patisserie and chocolate markets.
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Product News
Whitworths revamps packaging
Fruit and nut retailer Whitworths has redesigned its packaging to capitalise on the expanding snacking and home-baking markets.
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News
The Bread Factory buys retail bakery
Wholesale bakery The Bread Factory has bought St Albans-based manufacturer Bread Roll for an undisclosed sum.
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Two century-old Sussex bakery closes
Sussex-based Forfars Bakers, which was due to celebrate its bicentenary in 2018, has gone into voluntary liquidation.
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Aviva survey shows ‘invisible’ spend
A typical UK adult spends £948 a year on ‘invisible’ items such as coffees, shop-bought lunches, post-work drinks and treats for children, says a new survey commissioned by insurance company Aviva.
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Product News
2 Sisters: biscuit market under pressure
2 Sisters Food Group, the conglomerate which runs Holland’s Pies and Fox’s Biscuits, saw sales tumble 8.2% in the 52 weeks to 1 August to £3.14bn from £3.42bn in 2014.
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News
Irish Pride collapse recriminations
A new independent accountant’s report has suggested that Irish bakery Irish Pride, which is shortly due to be sold out of receivership, could have been saved by taking the examinership option in June.
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Product News
Gluten-free products ‘not up to scratch’, says research
A new study has found nearly 40% of coeliac sufferers are critical of gluten-free bread and mixes currently on the market.