Tyson Foods muscles in on vegan food market with meat-free range
Tyson Foods, the world’s largest meatpacker has entered the alternative meat sector with its Raised & Rooted product range. The…
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Retail gloom on UK high street claims Mothercare
The folding of the UK baby and maternity retailer was a necessary step for Mothercare, with the company stating that…
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Impossible Foods’ Impossible Burger is waiting for EU entry approval
After its Impossible Burger enjoyed a successful US launch, plant-based food startup Impossible Foods is seeking approval to enter the…
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Mango joins G7 Fashion Pact on sustainable practices
Mango has become the latest brand to join the G7 Fashion Pact. This brings the total number of signatories to…
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Third-quarter profit jump boosts H&M chance of recovery
A pre-tax of profit of $510m in the third quarter offers H&M a chance of recovery. The figure was well…
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Banning flavoured e-cigarettes in the US will shift consumers to cheaper alternatives and reduce tobacco tax revenue
Eighteen deaths in the US have been associated with e-cigarettes, while a mysterious outbreak of pulmonary illness, also associated with…
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Peloton overvalued because its consumer appeal is too small
Home exercise company Peloton has overestimated its attractiveness as investors snubbed its $29 per share IPO on the US Nasdaq…
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Nike defies analyst expectations for Q1 as share price hit all-time high
Nike outperforms analyst expectations in Q1 results thanks to better technology and associations with high-profile sports stars. Q1 results have…
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Boohoo bucks retail slump with over £1bn in sales
Sales at online fashion retailer Boohoo have surpassed £1bn over the past 12 months in stark contrast to retail market…
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Ikea pins hopes on China investment to counter sales slump
Swedish group will invest $1.4bn to boost China rollout online and offline. Ikea plans to open several stores in some…