Suppliers Struggling To Get CPI Requests Approved
Supermarket buyers have been using avoidance tactics or flat-out refusing to engage over requests for cost price increases from suppliers.
This is according to a...
Unilever’s Prestige Unit Names New CEO For Prestige Division
Unilever has appointed Mary Carmen Gasco-Buisson as the new Chief Executive of its Prestige Division.
She succeeds Vasiliki Petrou, who departed the consumer goods giant...
Learnings From Halloween Can Help Brands Have A More Confident Christmas
Despite the ongoing growth in the popularity of Halloween among shoppers, brands and retailers continue to miss out on taking full advantage of the...
Diageo Ditches Plan To Sell Pimm’s Brand
Diageo is reported to have dropped plans to sell its Pimm’s brand after failing to reach a deal with potential buyers.
According to Sky News,...
Branded Business Drives Growth At KP Snacks
KP Snacks, the owner of brands such as McCoy’s, Hula Hoops, and Butterkist, saw its revenue jump 14.8% to £626.7m during the year to...
Kellanova Reveals Major Investment Plans For Factory In Wales
Kellanova, the maker of Kellogg’s cereal, has announced plans to invest £75m in its factory in Wrexham, North Wales.
It is already Kellanova’s largest Special...
Mondelēz Acquires Stake In ‘Better-For-You’ UK Doughnut Start-Up
Mondelēz International’s corporate venture capital arm, SnackFutures, has snapped up a minority stake in the fast-growing non-HFSS doughnut brand Urban Legend.
Founded in 2021 by...
PepsiCo Snaps Up Tortilla Chip Maker
PepsiCo has bolstered its snack portfolio with the acquisition of Siete Foods, a Texas-based maker of Mexican-American food products, for $1.2bn.
The group noted that...
Weaker Demand For Vegan Products Hits Marlow Foods
Marlow Foods, the manufacturer that owns the meat alternative brand Quorn, saw its losses widen last year after being impacted by inflationary pressures, the...
Food & Beverage M&A Activity Continues As Bigger Deals Return
The latest UK Food and Beverage Sector M&A report from corporate finance house Oghma Partners shows that in the second quarter of 2024, deal...
