Little Moons set to fetch £100m in private equity bidding war February 10, 2022 An ice cream business that boomed in popularity via TikTok is the focus of a private equity bidding war that could value it at above £100m. Little Moons, which creates Japanese mochi ice cream balls, has surged in popularity thanks to a viral TikTok video and now has five private equity firms readying a bid, [...]
How Vivino democratised wine January 26, 2022 For wine drinkers Vivino has been a disruptive and democratising force. I have often seen supermarket shoppers whip out their phones to check the rating and flavour profile of a wine before making a purchase. Two heads are better than one so they say, so just think what a community of 54m can do. The [...]
Wincanton continues to reap rewards of pandemic-era eCommerce boom January 20, 2022 Supply chain partner Wincanton has continued to reaped the rewards of the pandemic-era eCommerce boom, after revenue from the eFulfilment sector has soared over 50 per cent. Total revenue for the group rose by 15 per cent, in comparison with the same quarter last year, Wincanton confirmed in its third quarter trading update today. The [...]
Dining Diary: A tasting in Sky Garden showcased Great British wine January 12, 2022 I always recommend the Sky Garden to anyone visiting London. It has 360 degree views across our glorious city, with three bars, two restaurants and plenty of space to meander through the indoor garden or on the outside balcony. Fenchurch is the fancier of the restaurants, sporting its own wide terrace where I sipped Simpsons [...]
Asda forgoes British beef pledge for cheaper Irish imports January 7, 2022 Asda has ditched its 100 per cent British beef pledge in favour of cheaper, Irish exports, prompting backlash from farmers. The pledge was just three months old before the supermarket chain reeled back on the ambition after prices rose in the UK. “Whilst we continue to work hard to keep prices as low as possible [...]
Shoppers opted for premium products this Christmas as grocery inflation hit 3.5 per cent January 5, 2022 Grocery sales hit £11.7bn over the Christmas period, as shoppers were keen to make the most of the festive period after Covid restrictions hampered celebrations last year. Shoppers spent record amounts on supermarkets’ premium own brand products, with £627m spent on pricier items over the four weeks to 26 December. This was an increase of [...]
Waitrose makes headway into home delivery through Mindful Chef partnership December 29, 2021 Supermarket Waitrose has partnered up with Mindful Chef, a British company that delivers recipes and ingredients to people’s homes, in a bid to capitalise on the trend propelled during the pandemic. The news comes as the online food delivery industry has become increasingly popular during the pandemic, and just weeks after Asda announced its own [...]
Best of 2021: Why UK airlines are at odds with Heathrow December 27, 2021 The Civil Aviation Authority (CAA) managed to upset both airlines and Heathrow on 16 December when it confirmed the interim price cap which will be implemented at the London hub from 1 January. From the current £19.60 the charges will go up to £29.50 in 2020 prices, amounting to £30.19 per passenger because of the [...]
Just Eat enters grocery delivery market race with Asda deal December 17, 2021 Just Eat has waded into the escalating market battle over rapid grocery deliveries, unveiling a deal with supermarket chain Asda.
Wine Wednesday: Buy Burgundy – and buy it now! December 1, 2021 Burgundy has established a world-wide reputation for excellent quality, premium wines, despite the term being created as an Anglicised word for marketing purposes. In France the region and wines are ‘Bourgogne’ and there is a push among winemakers in the area to reclaim this original name. Whether you call it Burgundy or Bourgogne, however, if [...]