Shein UK revenue hits £2.58bn as it overtakes ASOS
Shein’s UK revenue climbed by 26 per cent to £2.58bn in 2025, with pre-tax profits increased 18 per cent to £45.2m. Accounts filed at Companies House also showed its UK workforce…
Corporate
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Coca-Cola Looks To Sell Costa Coffee, Semafor Reports
Coca-Cola is seeking to unwind its $5 billion (€4.5 billion) acquisition of British coffeehouse Costa Coffee, Semafor reported.
Poundland in talks with Irish property group over rescue deal
Irish investor proposes solvent takeover of UK discount retailer as owner Gordon Brothers seeks fast-track sale
Dutch family-owned holding company acquires Belgian PaperMints
PaperMints will be fully acquired by Granville, the family holding company behind the Dutch Mignot & de Block Group. The new owner aims to accelerate the Belgian breath freshener…
Seven & i Operating Profit Falls 11% In Second Quarter
The Japanese operator of the 7-Eleven convenience store chain, Seven & i Holdings, said it booked an 11% fall in Q2 operating profit.
Natural color suppliers making moves
Natural colors suppliers break ground on facility expansion, seek U.S FDA approval.
Snacks pricing, “urgency” on drinks – takeaways from PepsiCo’s Q3 results
PepsiCo CEO Ramon Laguarta insisted the company would look “aggressively” at the costs associated with its drinks business in North America. The post Snacks pricing, “urgency” on…
Pilgrim's Pride Forms Special Committee To Review Meatpacker JBS Buyout Bid
Pilgrim's Pride Corp said its board has formed a special committee of independent directors to evaluate JBS's unsolicited bid.
Lidl GB Invests £400m In Price Cuts And Promotions
Lidl GB has invested £400 million (€471.9 million) in promotions and price cuts so far this year to support British households.
Pilgrim’s Pride board to review takeover approach by Brazil’s JBS
Pilgrim’s Pride board is reviewing whether to accept the latest takeover offer from Brazilian meat giant JBS. The post Pilgrim’s Pride board to review takeover approach by…
Grupo Fuertes acquires Nutrave in latest poultry deal
Spain’s Grupo Fuertes has struck another protein acquisition with the purchase of local poultry processor Nutrave. The post Grupo Fuertes acquires Nutrave in latest poultry deal…
Estée Lauder invests €5.7m to cut water use at Belgium plant
The Estée Lauder Companies is investing €5.7m in water circularity infrastructure at its Oevel manufacturing campus in Belgium, aiming to cut water consumption.