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By Edward Devlin2021-04-14T06:59:00+01:00
Top story
Profits at Tesco have plunged by more than £700m despite sales rocketing as the supermarket incurred Covid-related costs of almost £900m.
Revenues in UK & Ireland climbed 8.8% to £48.8bn in the year ended 27 February 2021 as shoppers were forced to turn to supermarkets during three seperate coronavirus lockdowns.
Online sales increased 77% to £6.3bn as Tesco rapidly increased its capacity in response to surging demand from customers staying at home, with slots doubled to 1.5 million a week.
Total growth at a group level was pushed back to 7.1% as revenues in Europe fell 2.1% and by 31.2% at the Tesco Bank.
12 female-owned drinks brands to seek out and sip 8th March, 2021 by Lucy Shaw
In celebration of International Women’s Day today, we’ve rounded up a dozen dynamic drinks brands, from wine and beer to whisky, that are owned and run by women.
Double Dutch
Joyce and Raissa de Haas of Double Dutch
Dutch twins Joyce and Raissa de Haas founded premium mixer brand Double Dutch in 2015 after securing an initial investment from UCL to develop their first two flavours: Cucumber & Watermelon, and Pomegranate & Basil. Today the twins sell 750,000 mixers a month from a 10-strong range in 26 global markets.
Designed for high-end spirits and cocktails, among the expressions in the range are: Cranberry & Ginger, Skinny Tonic Water, Soda Water and Ginger Beer. The mixers are stocked at bars and restaurants across the UK and are also available at Wa