THG says takeover proposals ‘unacceptable’ as it cuts profit guidance for 2022
The online retail platform reiterated its 22%-25% revenue growth forecast for 2022, but profit margins are no longer expected to improve as previously hoped
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Retail & consumer
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FTSE 100 ends flat as miners weigh
London's blue chips little changed as US stocks higher midday
THG, Ashmore and US banks line up ahead of Easter break - Thursday's agenda
THG certainly has some reputational damage to repair with the City
NEXE receives initial purchase order for superfood beverages from Purity Life Health Products LP
Purity supplies all the major retailers in Canada, including Whole Foods, Loblaws, and Sobeys, and has been a major factor in the success of many household natural health product brands, according to NEXE
Else Nutrition expands product offerings at Big Y supermarket stores
The Israel-based food and nutrition company said the products are expected to hit the shelf in the second quarter of this year
Moonpig raises 2022 revenue forecast thanks to lockdowns and Mother's Day
The online gift retailer reaffirmed its medium-term target of approximately 24% to 25% adjusted EBITDA margin rate
Else Nutrition reports a 219% increase in fiscal year 2021 revenues as sales boom
The plant-based baby, toddler and children nutrition company reported revenue of $4.7 million for the year to December 31, 2021, a 219% increase on 2020
NEXE Innovations says its NEXE Coffee and XOMA Superfoods single-serve pods now available on Amazon Prime
The NEXE boss added that the group was continuing "to focus on adding manufacturing capacity at both of our facilities, which will bring us closer to back-filling sales as we continue discussions with various retailers and wholesalers"
Markets move down as energy dominates discussion
Russian President Vladimir Putin has said that Moscow will only accept payments in rubles for gas deliveries to “unfriendly countries” – a statement that strengthened the ruble for the first time since the conflict began and sanctions were
THG worth 700p says Liberum but few others agree
The Hut has shed 90% of its value from its high at the start of 2021
NA Proactive news snapshot: Tartisan Nickel, Vuzix, New Age Metals, Vivakor, Hawkmoon Resources UPDATE ...
A glance at some of the day's highlights from the Proactive Investors US and Canada newswires
Else Nutrition to launch its Toddler Omega drink on Amazon.com and Elsenutrition.com
"We’re continually innovating to respond to customers’ requests and pediatricians’ expectations, and this offering is expected to further expand the size and growth rate of our Toddler-targeted business,” said Else CEO and co-founder Hamuta
ASX is higher as consumer confidence takes a dive and Biden warns of a cyber attack
“Some have argued that history stacks the odds against achieving a soft landing,” Powell said in a speech to the National Association for Business Economics. “I believe that the historical record provides some grounds for optimism,” he said
Camelot loses UK National Lottery licence after 28 years in favour of Czech-based group
Camelot, which has run the lottery since 1994, misses out to Allwyn Entertainment
The oil price is falling but volatility in the market will remain for some time
France (which currently holds EU presidency) says the EU "in consultation with our international partners, has approved a fourth package of sanctions targeting individuals and entities involved in the aggression against Ukraine, as well as
UK shoppers face tighter ID checks to reduce online fraud
Customers will prove identity via two of three ‘factors’: something they know (password), something they have (phone) or something they are, for example, a fingerprint or facial recognition
UK GDP bounces back but headwinds abound
Economists warn of slowdown after UK economy moves 0.8% above pre-Covid levels
Morning report: US ban on Russian oil imports sends Wall St further in the red, but ASX trades higher at open
"Russian oil will no longer be acceptable at US ports, and the American people will deal another powerful blow to Putin’s war machine," Biden said while noting the ban would cost Russia billions of dollars in US purchases.
Morning report: Could oil prices surge past $300 per barrel?
Prime Minister Scott Morrison is trying to find a balance between economic and national security. "We face these incredibly unique times, we have moved into a new era – the world has become a more uncertain, less stable and more dangerous p
NEXE receives first XOMA Superfoods order under distributor deal with PSC Natural Foods
PSC, part of Horizon Distributors Ltd, is a leading natural and organic foods distributor focusing on grocery and wellness with a network of over 200 stores serving Vancouver Island and the Lower Mainland in British Columbia