All Direct to consumer (DTC) articles – Page 10
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News
Jam n Vegan scores backing from Veg Capital for retail push
The business will use the £200,000 investment to build brand awareness, expand the team around founder Kyle Parchment and open up new channels.
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News
Plant-based protein brand Misfits expands into functional cereal
The NPD replicated ‘the sugary and non-nutritious cereal brands in the market, without the actual junk’, said Misfits
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Independent Scottish salmon farm Loch Duart launches online shop
The online shop will sell eight or 12 fillet portions of fresh salmon from Loch Duart farm sites
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City snapshot: Huel sales pass £100m on surging global growth
Plant-based meals brand Huel saw revenues top £100m last year amid strong growth in the UK and its international business
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KoRo closes €50m funding round to continue rapid growth across Europe
The business – started in Berlin in 2014 – sells a range of more than 1,000 SKUs across food categories and kitchen appliances direct to consumers.
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FoodHak secures seven-figure backing to take on meal kit market
Entrepreneur Sakshi Chhabra Mittal – a member of the Indian billionaire family dynasty – launched the London-based business at the start of the year.
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Parson’s Nose hires advisors to find investment partner
The London-based family-run business is aiming to leverage the brand to become the UK’s leading online butcher.
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News
Farmison sells majority stake to private equity investor Inverleith
Established in 2011 by John Pallagi and Lee Simmonds, the Yorkshire-based business aims to encourage UK consumers to ‘eat better meat’.
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Nimble aims for retail expansion following crowdfunding campaign and Justin King joining as advisor
The raise coincides with former Sainsbury’s boss Justin King joining the business as an investor and advisor.
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Hotel Chocolat enjoys bumper first-half results despite inflationary pressures
Revenues jumped 40% higher to £142.9m in the 26 weeks ended 26 December as it won over new customers in the UK and US.
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News
Healthspan snapped up by Norwegian conglomerate Orkla
Founded in 1996 by Derek Coates, Healthspan has built a brand with a broad range of products across the VMS, sports nutrition, pet health and skincare markets.
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Big Interviews
Guy Singh-Watson: Riverford’s veg boxer comes out swinging
Guy Singh-Watson is the tough-talking entrepreneur behind Riverford’s fast-growing veg box business. He reveals what’s next on its sustainable agenda
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News
Gousto secures further $230m to advance sustainable ambitions
It follows a $150m round a little over a month ago, which valued the business at $1.7bn.
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Farmison & Co launches ‘Save Our Bacon’ boxes to tackle British pork supply chain issues
The half and quarter pig boxes would help ease the “heart-breaking” problems the industry was facing, Farmison said
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Organic food & drink sales break £3bn barrier
Soil Association Certification’s annual market report revealed shoppers continued to seek out more sustainable and health-focused products
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Analysis & Features
11 meal kits to try at home on Valentine’s Day 2022
Couples have plenty of choices when it comes to cooking a decadent dinner at home this Valentine’s Day. Here are the recipe boxes and meal kits on offer from brands and restaurants
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News
Riverford Organic sees 45% sales spike due to lockdown DTC demand
Soaring demand for home delivery during the pandemic saw sales at upmarket veg box provider Riverford Organic spike by 45%, taking revenues past £100m
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News
Festive turkey sales down but indies and DTC sellers benefit
Sales of turkey through butchers and DTC channels boomed over Christmas 2021 as shoppers looked to buy early
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News
Omni raises £1.1m to accelerate growth of vegan dog food brand
Vet Guy Sandelowsky and former investment banker Shiv Sivakumar founded the business in 2020 in an attempt to make pet food more sustainable.
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News
Mamamade raises £1.5m in oversubscribed funding round
The pre-seed round was made up of an oversubscribed crowdfunding campaign on the Seedrs platform, with almost £830k raised from more than 300 investors, more than doubling its £400k target.