All Direct to consumer (DTC) articles – Page 18
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Analysis & FeaturesHow Britain’s 50 fastest-growing food and drink companies beat the pandemic
Fast-growing food and beverage firms faced huge challenges during the pandemic, but while some have suffered many have thrived
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NewsKocktail drinks to crowdfunding success as it prepares for retail launch
Launched in September 2020 by Emil Stickland and Andrew Hutchinson, the business raised £167k in the Seedrs campaign, valuing it at just less than £1m.
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NewsFood & drink M&A activity ‘back with a vengeance’ in 2021
Deal activity has roared back “with a vengeance” during 2021 as big fmcg players added in-demand plant-based and DTC brands to their portfolio.
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NewsGrubby raises £800k to expand plant-based recipe kit offering
Founded by Martin Holden-White last year, Grubby is poised to take advantage of growing demand for meal kits, food delivery and plant-based.
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NewsBug flies past £300k crowdfunding target to launch insect recipe kits
Founded in 2018 by Leo Taylor and Aaron Thomas, Bug has ambitions to become the UK’s “go-to” brand for edible insects as it launches a range of recipe kits and insect packs.
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NewsHuel names Asos’ Lisa Marçais as commercial director
Marçais will take the lead on Huel’s international expansion
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NewsCity News: Analysts react positively to THG/Softbank tie-up
Softbank has provided THG with $730m as part of a $1bn capital raising.
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NewsNourished owner Remedy Health secures $11m funding for 2021 growth push
The series A funding round values the business, founded by Melissa Snover in 2019, at almost $72m
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NewsSmol raises $34m to expand DTC detergent startup
Smol, founded by two former Unilever directors, has raised $34m (£24.1m) in a funding round
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NewsHotel Chocolat shares soar on expectation of post-lockdown profits boom
Revenues at the business in the eight weeks to 25 April were 19% higher than two years ago
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NewsRiverford Organic Farmers revenues rise on ‘phenomenal surge in demand’
Turnover at the Devon-based company jumped 13.5% to £75.7m for the 52 weeks to 30 April 2020.
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NewsBanquist secures £1.6m to grow its Michelin star recipe kit service
Launched in May 2020 during the height of the UK’s first coronavirus lockdown, Banquist generated £1m turnover in its first six months as consumer demand for recipe kits soared.
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NewsHelloFresh launches specialist diet meal kit brand Green Chef in UK
HelloFresh acquired US-founded Green Chef in 2018
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NewsCoca-Cola adds booze bundles to DTC offer
Bottles of Bacardí rum, Bombay Sapphire gin, Martini and a selection of Jack Daniel’s lines are now available
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NewsBeau’s secures £400k to bring vegan ice cream to wider audience
Plant-based ice cream start-up Beau’s has netted a £400k investment to open a manufacturing facility and launch a subscription service.
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NewsRawlings joins Naked Wines board as non-executive director
Rawlings will join the board as independent non-executive director with immediate effect
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NewsEast London Liquor Co in £750k crowd push as it looks to expand in supermarkets
The London-based distiller, which already has supermarket listings with Waitrose, Tesco and Co-op, aims to expand off-channel exposure for its range of spirits, ready-to-drink canned cocktails and hard seltzers.
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NewsHeinz collaborates with The Who on limited-edition beans
There are 1,967 limited-edition cans available to buy from Heinz to Home
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NewsThe Vegan Kind secures £3.5m investment amid plant-based boom
The company said the investment was the biggest ever funding round for a vegan retailer in the UK
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NewsThe Cookaway cooks up £700k crowdfunding round for expansion
The business, which launched in 2020, has so far raised £656k in the campaign on Seedrs.