Supplier News – Page 2
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Diageo ‘well-positioned’ to deliver despite uncertainty
The global drinks brand will continue to invest in marketing and innovation, CEO Debra Crew has said
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Carlsberg Marston’s to close Wychwood Brewery
The CEO of the brewery JV cited the “incredibly competitive” UK ale market and “turbulent economic outlook” for creating a challenging environment to navigate
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Allesch-Taylor launches crypto coffee platform
The entrepreneur behind Coffeesmiths Collective has returned to the coffee space after the collapse of the speciality operator in 2020
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Robot chef company broken up after collapse
Parts of London start-up Karakuri have been sold off to Henry Penny, a US foodservice equipment supplier to KFC and Wendy’s
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‘It all disappeared with Brexit’: Craft beer boom ends as more than 100 UK firms go bust
New trade barriers were compounded by Covid and tax changes, The Guardian reports
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Diageo sees strong runway of growth
The drinks group said net sales growth was driven by its portfolio of strong brands, diversified footprint, and premiumisation
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UK wine and spirit producers braced for new post-Brexit alcohol duty
Suppliers and makers warn the system beginning on August 1 will hit sales of stronger drinks or trigger ‘drinkflation’
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Sessions acquires ServedUp
Rebranded to Sessions Serve, the ePos and mobile ordering company bolsters Sessions’ existing proprietary tech platform
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Beers becoming weaker under new duty regime
Foster’s, Spitfire, Old Speckled Hen and Spitfire are among those that have had their alcohol content reduced, saving between 2p and 3p per can or bottle.
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HGEM acquired by Volaris Group
The guest experience platform will come under the umbrella of catering management company CaterTrax, owned by Toronto-based software group Volaris
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C&C counts £21m cost of software challenges
A system upgrade in the Matthew Clark and Bibendum (MCB) businesses in Britain has been “significantly more challenging and disruptive” than envisaged, with an impact on service and profitability
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Pernod Ricard halts all drinks exports to Russia
The brand also recently announced it would stop exporting Swedish vodka brand Absolut to its Russian distribution network, The Financial Times reports
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Zero Carbon Forum reports significant savings from energy reduction
The non-profit has announced collective member savings of £1.43m in lost profits as a result of its Save While You Sleep campaign
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AB InBev blames social media ‘misinformation’ for backlash against Bud Light
The best-selling US beer has been hit by a rightwing boycott following a promotion by transgender influencer, the Financial Times reports
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Price of fish and chip takeaway up by a fifth
The average cost of the popular takeaway dish is now £9, with the price of oil, potatoes and battered fish having rocketed over the past 12 months
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Itsu plots £100m grocery business
The appointment of former Sainsbury’s CEO Justin King gives the division the additional retail expertise to take the brand to the next level, The Grocer reports
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Fever-Tree wins King’s Award for Enterprise
The premium drinks mixer maker distributes to more than 90 countries worldwide, with teams in key regions including the US, Canada, France, Italy, Germany, Australia, New Zealand and Japan
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Carlsberg acquires UK rights to Kronenbourg 1664
The deal was hailed as an “incredible opportunity to energise the brand, drive innovation and deliver growth”
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Sir Ivan Menezes to retire as CEO of Diageo
During ten years in charge of the drinks group he has overseen an “outstanding period of change, growth and high performance”
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Fever-Tree sees on-trade sales up 28% year-on-year
The drinks supplier saw strong growth in the on-trade despite the impact of strikes and disruption over the key December trading period