All Direct to consumer (DTC) articles – Page 10
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News
The Vegan Kind sold in administration pre-pack deal to current owner
The Vegan Kind has been bought out of administration by a business associated with its current owner following a downturn in trading and soaring costs
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News
Sacla’ makes three senior appointments as it eyes growth
Sacla UK MD Clare Blampied said the business was ‘going for growth’ and the bolstered team would ‘take us to the next level’
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News
Earth & Wheat adds value bread subscription box amid cost of living crisis
Earth & Wheat founder James Eid said he wanted to try and support customers by introducing a more affordable box to the range
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Category Report
Will online petfood sales keep growing? Category report 2022
After lockdowns, online petcare sales took a dip. But suppliers are confident sales will endure – and even grow – in the winter crisis
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News
Naked Wines shares plummet as wine retailer signals shift in strategy to deal with falling demand
Naked Wines shares have tanked after the DTC wine seller hinted at a change of strategy to deal with falling consumer demand and rising costs.
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News
Earth & Wheat hires Amine Benchaoui as MD and launches recruitment campaign
The business is currently recruiting for a brand manager, buyer and technical manager – with previous experience in the food industry preferred
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News
City Snapshot: Hellofresh unveils record revenues but at expense of lower profits
HelloFresh has revealed record quarterly revenues as the meal kit firm increased its customer base further, but profits fell back as the group spent more on marketing. Plus, Treatt revises profit expectations down significantly and wine maker Gusbourne more than doubles sales.
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News
The Cookaway eyes major investment in growth
World cuisine recipe kit challenger The Cookaway has hired advisors to help secure a major strategic investor as it looks to rapidly scale the business.
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News
TikTok selling fresh food for first time in UK
As of today (1 August), TikTok users can purchase fresh food on the platform from the relevant brand’s TikTok Shop page
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News
Parsley Box shares sink as sales slide continues
The DTC ready meals for the over-65s operator reported a 30% fall in revenues to £9.6m in the six months to the end of June.
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Analysis & Features
Share price slump: who has struggled the most in food and drink?
It’s been a turbulent six months on the Stock Exchange. So who’s struggled the most? Who’s least affected? And is there any stock actually still growing?
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News
The Vegan Kind appoints fresh CEO as new owners take over from founders
The Vegan Kind launched as a subscription delivery box service in 2013 before expanding to a full retail offer in 2016 New owners have taken control of The Vegan Kind and instated a new boss in a bid to spur on its next stage of growth. Investment ...
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News
Rococo Chocolates rescued in £100k pre-pack deal by Gruppo Illy company
Established on the King’s Road in London in 1983 by Chantal Coady, Rococo struggled to cope during the pandemic, despite a significant increase in online sales throughout lockdown.
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News
Little Cooks kicks off £750k funding drive to back ‘HelloFresh for kids’ concept
The business, founded by Helen Burgess in 2017, will use the funds to grow beyond its monthly subscription boxes of home baking and cooking kits, which are designed to help children and parents engage with healthy eating.
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News
AKT smashes £600k crowdfunding round to scale natural deodorant brand
The campaign on Seedrs values the London-based business at £5m, with 450 investors pledging £800k since the round went live on Monday.
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News
Müller’s Milk & More partners with zero-waste supermarket Good Club
The tie-up will see the service sell 10 breakfast-focused Good Club products
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News
Wonky food delivery service The Wonki Collective debuts in Wandsworth
The London-based direct-to-consumer service aims to deliver shoppers wonky and surplus food at affordable prices
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News
Ready meals startup Field Doctor targets £600k crowd investment
Field Doctor is lining up a £600k crowdfunding round to scale operations across the UK
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News
Beavertown Brewery launches monthly DTC subscription service
The 24-can monthly subscription was the ‘perfect gift for the beer lover in your life’, said Beavertown
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News
Mindful Chef reports surge in growth amid healthy diet boom
Surging grocery growth and expansion into ready meals saw meal kit player Mindful Chef maintain strong growth last year on top of a record-breaking 2020