Christmas spending to reach £26bn as almost £500 will be spent per person
An average of £390 will be spent on presents per person with people buying gifts for eight people
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Retail & consumer
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NEXE Innovations set to ramp up annual pod production after successful site acceptance test for proprietary equipment
"As we come to year end, we are ecstatic to announce that we have completed a Successful site Acceptance Test on key equipment which can provide an additional 50 million annual pod production capacity," said Ash Guglani, the president of NE
Else Nutrition awarded World Plant Based 2021 Award in best dairy product alternative category in New York
The company scooped the prestigious award for its Plant-Based Complete Nutrition for Toddlers at the Plant Based World Expo in New York City
Moonpig sees full-year revenue at top end of guidance after strong interim results
“With revenue more than doubling over the past two years, we are confident that we have achieved an enduring transformation in the scale of our business," said CEO Nickyl Raithatha
Else Nutrition establishes dedicated US office and operations based near Columbus, Ohio
The company noted that consistent strong growth of Else Nutrition product sales has led to the need for a full-time team on the ground in the US
NEXE Innovations says both its XOMA Superfoods and NEXE Coffee beverages to be available for sale on ECSCoffee.com in December
In addition to helping pioneer the distribution of single-serve coffee pods in Canada in 2006, ECS has launched over 20 well-known coffee brands to coffee lovers through distribution, retail, e-commerce, and sampling programs across the cou
Else Nutrition Holdings Inc sees big boost in revenue in 3Q, thanks to strength of online sales and new listings like Walmart.com
Else's 3Q revenue increased by nearly 210% to hit C$1.17 million after its online sales grew by more than 27% compared to 2Q, and was 77% higher than 1Q 2021
Else Nutrition announces highly favorable results from independent pilot study; expands on Amazon; gets conditional approval for listing on the Toronto Stock Exchange
Conducted independently by third party global market research firm, GetWizer, the study revealed over three-quarters of parents whose children suffered from gastrointestinal problems whilst using another formula or supplement, reported thes
NEXE Innovations unveils retail distribution for three of its XOMA Superfoods beverages at 78 London Drugs locations in Canada
The January 2022 launch is an important step in expanding NEXE's offerings beyond ecommerce and providing retailers with sustainable options for single-serve beverages
UK retail sales boosted by early Christmas shopping
Retail sales rose by 1.3% in October from the same month a year ago, an improvement on the 0.6% increase seen in September, according to the BRC-KPMG report
NEXE announces partnership with Crew Marketing Partners to drive sales through targeted awareness campaigns
"Crew Marketing has vast experience working with consumer packaged goods (CPG) brands and has brought several to prominence at major grocers," said Ash Guglani, President of NEXE
The Hut Group founder wishes he floated in New York as London listing ‘just sucked from start to finish’
Some City observers think Matt Moulding has hinted at potential privatisation in an interview with GQ
Currys announces £75mln share buyback; on track to meet full-year profit forecast
The electricals retailer predicted a "robust" peak Christmas trading season and said it has put in place measures to mitigate supply chain issues and labour shortages
Else Nutrition updates on key sales growth drivers for 2022
The Israel-based company develops plant-based food and nutrition products for infants, toddlers, children, and adults, and noted that in 4Q 2021, it will start selling products on Walmart’s and Kroger’s online platforms, including its Kids
NEXE completes successful factory acceptance test for proprietary high-speed dosing machine
The machinery will increase NEXE's production capacity to over 50 million annual Keurig compatible pods
Else Nutrition Holdings is seeing its sales momentum accelerate with its plant-based toddler foods
Else has a first-mover advantage with its patented non-diary, non-soy baby and toddler nutritional products
NEXE leads the charge with its fully compostable coffee pods for use in Keurig and Nespresso machines
The Vancouver-based firm plans to ramp up production capacity to 50 million NEXE Nespresso-compatible pods by the end of 2021
NEXE Innovations launches its first first coffee pods which are compatible with Keurig single-serve brewing systems
"This new line complements our existing NEXE Coffee espresso products, sold in Nespresso compatible, fully compostable pods," said Ash Guglani, president of NEXE in a statement. "Keurig and Nespresso are the two most popular single-serve co
Else Nutrition expands product offerings on iHerb to include plant-based kids shake mix
The company said the development is expected to significantly expand its product offering depth and reach to a global audience in more than 180 countries
Else Nutrition enjoys strong performance on Amazon; outpacing other brands in the same category
Data from Amazon showed that Else Nutrition had a 62% repurchase rate, compared to a 40-45% repurchase rate for other brands in the same category