All Direct to consumer (DTC) articles – Page 19
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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.
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NewsCity snapshot: Parsley Box valued at £84m ahead of London float
DTC ready meal maker Parsley Box has raised £17m in an IPO, valuing the business at £84m as it gets set to join the London exchange’s junior AIM market.
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NewsOnline marketplace for ‘diverse entrepreneurs’ Afroposure launches
The startup will showcase food and drink brands from entrepreneurs from ethnic minority backgrounds
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NewsBrewDog launches ‘first carbon negative beer club’
Its new DTC subscription service will ship monthly boxes of beer from BrewDog and craft brewers such as Cloudwater and Mikkeller
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NewsMunchFit launches £1m crowdfunding campaign for retail launch
MunchFit has already raised £800,000 from institutional investors and wealthy individuals, including Made in Chelsea star Spencer Matthews
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Analysis & FeaturesThe Hut Group: how THG cracked DTC
Through acquisitions and investment in tech, THG has become a go-to for brands looking to move into direct selling. What’s its secret?
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NewsFarmison appoints KPMG to explore investment options
The Yorkshire-headquartered meat delivery firm is targeting sales of £100m with ambitious plans to continue disrupting the ind
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NewsNestlé expands DTC portfolio with acquisition of SimplyCook
The deal follows the takeover of Mindful Chef in November last year as the Swiss food giant moved to increase its exposure to the flourishing direct-to-consumer market
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NewsVirgin Wines announces £100m London float
The fast-growing wine importer and distributor expects its shares to be admitted to London Stock Exchange’s AIM on or around 2 March
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NewsBarilla snaps up DTC Pasta Evangelists
Italian food giant Barilla has snapped up direct-to-consumer business Pasta Evangelists to tap into booming e-commerce demand in the UK during the coronavirus pandemic.