Financial focus

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Can DSM Firmenich merger deliver on its synergistic promise?

By Shane Starling

DSM and Firmenich’s mooted 2023 ‘Merger of Equals’ will create a nutrition, food ingredients and fragrances behemoth with 277 years of collective business experience and a combined annual revenue pushing towards €12 billion (£10.2bn).

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Specialized supply chain helps Natural Grocers weather inflation storm

By Hank Schultz

Natural Grocers said the supplier network and customer loyalty it has built up over years has enabled it to restrain inflationary cost increases and to pass on whatever price hikes are necessary onto consumers without much pushback, helping the company...

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CV Sciences reports 18% revenue drop for ‘challenging’ 2021

By Stephen Daniells

San Diego-based CV Sciences, one of the bell-weather companies in the hemp and CBD space, has reported a decline in revenues for the past financial year, but new initiatives have positioned the company for long-term growth, says its CEO.

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Nature's Sunshine continues record run as war complicates future

By Hank Schultz

Multi level marketing company Nature’s Sunshine has recorded a sixth straight quarter of rapid growth. But as the company has significant operations in Russia and Ukraine, the war has complicated the company’s task of forecasting future results.

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Celsius' sales rise by more than 190% in quarter

By Hank Schultz

Energy drink firm Celsius reported passing the $100 million quarterly revenue mark in its recent year end earnings filing. The company made strides in both brick and mortar distribution and greater penetration in online platforms.

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Mérieux acquires Utah firm Dyad Labs

By Hank Schultz

Mérieux NutriSciences has announced the acquisition of Utah firm Dyad Labs as the company bolsters its footprint in the dietary supplements industry in North America.

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SEC indicts CanaFarma founders on securities fraud

By Hank Schultz

The US Securities and Exchange Commission has indicted CanaFarma hemp and its two cofounders with fraudulently raising about $15 million from investors, and misappropriating approximately $4 million of that for personal and nonbusiness purposes.

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GNC and Walmart strike exclusive deal

By Danielle Masterson

Starting this month, GNC will expand its presence by offering a selection of essential everyday vitamins, merchandised in several different formats, at Walmart and Walmart.com.

Super U co-founders Charlotte Bailey and Sean Ali

Editor's Spotlight: Startup Focus

Startup wows dragons and sees sales soar overnight

By Nikki Hancocks

A ‘superfoods’ supplement startup is on track to rack-up half a million pounds worth of sales this month after a heroic appearance on the popular investment programme 'Dragon's Den'.

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Supplement marketer prospers despite GNC nose dive

By Hank Schultz

Supplement marketer FitLife Brands prospered in 2020 despite the bankruptcy of GNC, its biggest customer. The company recorded the highest annual revenue it has achieved for a number of years.

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