Aunt Bessie's 'Margaret and Mabel' by VCCP
Agency: VCCP
Rating: 5.0
Northern Foods to invest £26.5m in Fox's Biscuits brand
By Amy Golding, marketingmagazine.co.uk, Tuesday, 10 November 2009 03:10PM
LONDON - Northern Foods is to invest £26.5m in its Fox's Biscuits brand to boost its market position.
The news follows the company's announcement of a 2.9% like-for-like sales growth, reported in its half year results. The company said this was led by strong growth in the chilled and bakery sectors.
It reported total sales of £466.9m, compared to sales of £468.6m in the first half of the year.
Stefan Barden, chief executive of Northern Foods, said: ‘We have many opportunities to drive shareholder value over the coming years.
‘Today we are announcing a significant investment in Fox's Biscuits, which will enhance its profitability and provide competitive advantage,' he added.
This article was first published on marketingmagazine.co.uk
Related articles
Additional Information
Campaign Jobs
- Digital Account Director - Creative Agency - London Sphere Digital 50-70k +bonus +benefits, London, South East
- Managing Director - Equity potential DU Group £120,000 - £150,000, South Oxfordshire
- Senior Designer Duke Circa £40k - £43k , London
- Graphic Designer CitNOW £25,000-£35 000pa, Wokingham, Berkshire
- Senior Account Director or Group Account Director, Social / Digital, £60k - £70k, Old Street Agency MODA consult up to £70k + excellent benefits, Central London, Old Street
Highest rated
Most viewed
- Blippar connects disjointed families, says MEC executive
- Campaign Viral Chart: Samsung scores hat-trick in tech-heavy chart
- Heinz brings back invisible bottle of tomato ketchup
- Polycell gets cheeky in crack-filler campaign
- Initiative scoops Amazon global media business
- Marks & Spencer loses AdWords battle to Interflora
Most commented
-
Forget the digital cluster bomb – be more like Bob
It’s said that the average person is exposed to 30,000 marketing messages a day. To me that’s worrying news for us marketers – especially if it’s your job is to build marketing relationships with consumers.
