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CleanCo raises glass to £7m investment as nolo category booms - Vimarsana News

CleanCo raises glass to £7m investment as nolo category booms

By Edward Devlin2021-01-18T11:04:00+00:00 Sales at the business have soared by 580% already this year as drinkers quit booze for Dry January Low-alcohol spirits start-up CleanCo has raised £7m in new funding as the booming category continues to attract investors and consumers. It takes the total investment secured by the company, founded by Made in Chelsea star Spencer Matthews, to £9.1m since it launched in 2019. Existing and new investors took part in the round, including Ursula Burns, board member of Uber and former Diageo executive, and Stonebridge, a digital-first consumer brand inve...

WSTA unveils low-and-no labelling guide - Vimarsana News

WSTA unveils low-and-no labelling guide

WSTA unveils low-and-no labelling guide 14th January, 2021 by Nicola Carruthers The Wine and Spirit Trade Association (WSTA) has created a guide for producers on labelling and marketing no- and low-alcohol products to ensure clarity across the burgeoning category. The low- and no-alcohol sector has welcomed a swathe of new entrants in the past year The WSTA produced the guide in partnership with its Primary Authority Trading Standards partners after receiving requests from producers and retailers. Miles Beale, chief executive of the WSTA, said: “There has been a huge amount of innovation ...