ONES TO WATCH.
Dash Water: Dash grew its value by 113% last year to PS2.1m. That's mainly down to pivoting to DTC after losing 60% of business when channels such as hospitality collapsed. It expects to double value again this year across the UK and 20 overseas markets.
Livia's: Like Dash, Livia's pivoted to DTC with the advent of the pandemic, which hurt the free-from snack brand's impulse and meal deal sales. Online sales rose strongly, while PS2m raised via Seedrs provided financial firepower. "A strong post- Covid recovery plan" is in the offing, says founder Olivia Wollenberg.
Skinny Food Co: Launched in 2018 to tap into demand for healthier sauces and condiments, Skinny Food Co sold more than a million bottles of its zero-calorie syrups and virtually zero-calorie table sauces in its first year. The brand has a heavy online presence and offers subscription services. With almost 400% growth between years two and three and plans for international expansion, its growth prospects look strong.
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Publication: | Grocer |
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Date: | Jun 12, 2021 |
Words: | 163 |
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