Findus and Youngs, the frozen foods brands, have been acquired by private equity company Lion Capital for 1.1bn from CapVest, the buy out company.
Lets go shopping to beat the credit crunch. No, thats right, Im suggesting that instead of all this belt-tightening malarkey, we throw caution to the wind and splurge. Lets go crazy in the aisles, just in case we regret missing out on those Topshop jeans in later life.
PepsiCo has reported a stronger than expected rise in its second quarter financial results, with operating profit up by 12%. Similarly, operating profit for the UK and Europe grew by 19%. The positive results for the global food and drinks company has been attributed to strong international demand and the weak US dollar. In Europe, […]
As Inbev sets to work digesting the blockbuster $52bn (26bn) acquisition of Anheuser-Busch the biggest deal in brewing the industry lies in wait for the next round of consolidation.
The Co-operative Groups 1.56bn takeover of Somerfield last week gives the retailer added fire power in its battle for the high street pound. Now the pressure is on Co-ops recently installed senior management to prove it can stage a comeback for the group, which was once the UKs biggest grocer.
Health secretary Alan Johnson will call for a national movement to tackle obesity in a speech tonight (July 23). Speaking to the Fabien Society, he will outline the public health implications of the growth obesity epidemic. Johnson (pictured) is also meeting with leaders from major health charities, retailers, health professionals and community action groups today […]
Saatchi & Saatchi head of creative for Toyota, Richard Russell, is leaving the agency to head to Nitro. The appointment is just the latest in a string of new hires made by the agency.
Northern Rock has named Barclays vice chairman Gary Hoffman as its new chief executive. He will replace Andy Kuipers from the start of October. Kuipers will leave the nationalised mortgage lender at the end of August. The appointment will also lead to Ron Sandler, the executive chairman the Treasury drafted in to take charge in […]
Club Med has handed Cogent Elliot, the Midlands-based agency, its 1.5m advertising account, and has also appointed Brilliant Media to handle media planning and buying.
Mirror Group has relaunched its website Mirror.co.uk, with the aim of offering users with greater interactivity. It plans to roll-out further changes over the coming weeks. The first part of the redesign went live last night (July 22), launching with a new homepage. The publisher says the format will potentially provide advertisers with greater creative […]
The Co-operative Group is planning a 50m advertising relaunch next year, which will promote the mutually-owned organisations ethical approach by contrasting its own practices with the corporate greed mentality of many public companies.
The Government is set to ban advertising promoting cut-price alcohol, following new evidence that links the sale of cheap booze to drink-fuelled crime and social disorder. The move would mean that any campaign highlighting cheap alcohol deals, including TV and press, would be outlawed. It will have a direct effect on the marketing plans of […]