All Direct to consumer (DTC) articles – Page 14
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Comment & OpinionHotel Chocolat made chocolate subscriptions work. So why not supermarkets?
The business is clearly aware of the dangers of becoming commoditised – and an exclusive Waitrose deal may just hit the right tone
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NewsOnline butcher Farmison opens first bricks and mortar store in Yorkshire
The upmarket butcher said its Cut by Farmison & Co store could serve as a template for future retail sites
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NewsHelloFresh makes first profit in UK amid rocketing demand
Meal kit giant HelloFresh made its first profit in the UK last year as booming sales during the pandemic led to increased profitability.
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NewsEarth & Wheat hunts for bakeries to join ‘wonky’ bread service
The delivery service is “looking to partner with environmentally conscious bakeries”
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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