All Direct to consumer (DTC) articles – Page 7
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NewsGousto returns to the black as it prioritises profits over growth
Revenues were almost flat year on year in 2023, nudging up by 1% to £308m as the recipe kit business turned off the tap for customer acquisition to focus on retention and save money
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NewsBear launches £2m crowdfunding round to expand coffee chain nationally
Schoolfriends Craig Bunting and Michael Thorley founded the business in 2014 and opened the first Bear site in their hometown of Uttoxeter in 2016
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NewsPots for Tots pushing for retail growth with six-figure funding
Healthy children’s food brand Pots for Tots has raised £400k to expand its offering further into retail
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InterviewsGousto’s Shaun Pearce on taking recipe boxes mainstream
Gousto’s chief technology officer talks customer-led innovation, a more flexible offer and ‘hacking around and discovering things’
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Analysis & FeaturesRevealed: trends driving record growth for UK’s ‘Fast 50’ food and drink brands
Despite inflation and supply disruption, the Fast 50 report reveals unprecedented growth rates, with a record number of women-led businesses
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NewsSmol losses increase amid investment drive
Revenues raced 27% higher to £31.2m in the year to 30 June 2023 as it served more customers and registered higher spending, supported by new product launches, according to its latest accounts
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NewsCity snapshot: Inflation eases as crumpet and meat prices fall
Inflation has continued to ease in the UK as the price of certain food products started to fall. Plus, Just Eat Takeaway hailed a good start to its new financial year thanks to accelerating growth in the UK and Ireland
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NewsRapid grocer Gopuff launches B2B offering for DTC players
Shoppers can make purchases on a brand’s direct-to-consumer website, and the orders are automatically routed to the nearest Gopuff micro-fulfilment centre
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Comment & OpinionCan Zoe app trim enough of its own fat to fight fit again?
Pay £300 to poop in a tube and say hello to a healthier you: but will consumers stick with it?
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NewsSimplyCook defies category woes to make first-ever profit
The company called 2023 a “watershed” year and said in its newly filed accounts that it moved into the black thanks to a “right-sized” plan, with lower marketing investment and disciplined cost management
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NewsDTC startups in spat over Dragons’ Den April Fool’s ‘spoof’
The ads posted by ready meal brand Simmer, which ran on TikTok and Facebook, had been removed by the time of writing
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NewsWho Gives a Crap on a roll with rapid UK growth
Sustainable paper products challenger Who Gives a Crap is racking up rapid growth thanks to a loyal DTC customer base and expanding distribution in retail
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NewsModern Milkman expands into US with acquisition of namesake milk round business
Online grocery delivery service Modern Milkman has acquired its US namesake as part of an ambitious expansion to take its sustainability mission overseas
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NewsCity snapshot: Virgin Wines UK confident of meeting full-year profit forecasts
Underlying profits have more than doubled at Virgin Wines UK in the first half as the DTC group implemented a turnaround strategy
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NewsCity News: Hangover for Naked Wines investors
Shareholders in Naked Wines suffered another hangover this week as media reports on the online wine retailer hiring Interpath to refinance its debt sent the shares tanking by more than 20%
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NewsNaked Wines shares hit by reports on debt advisor
Shares in Naked Wines have suffered a fresh slump today after media reports about a refinancing spooked investors in the embattled online wine retailer
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NewsNeat adds refillable foaming toilet cleaner to eco-friendly lineup
The NPD has launched via the brand’s webstore
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NewsOddbox records second year in the red with losses of £3.7m
Food waste campaigner Oddbox has recorded another year of losses as revenue growth reversed amid challenging market conditions for DTC providers
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NewsCookie dough brand Doughlicious unveils ‘vibrant’ packaging refresh
The new-look packs have started rolling into Doughlicious stockists globally
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Comment & OpinionHow do you solve a problem like meal kits?
HelloFresh should focus on its core, affluent, loyal and happy customers, of which there are fewer, but are worth more