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By Alec Mattinson2021-02-12T17:03:00+00:00 Nakd and Bear owner Lotus Bakeries is to set up a dedicated international hub for its UK brands make a concerted push to grow their global distribution. Lotus, which last year took full control over the entire Natural Foods portfolio, including the Bear, Nakd, TREK and Kiddylicious brands, is creating a new 30-strong Natural Foods international headquarters in Switzerland working across all of its constituent brands. Lotus’ UK assets will remain based in the UK and will continue to have separate P&L’s under Natural Balance Foods, Urban Fresh Foods and Kiddylicious. The group said that while these brands initially focused on their home market – with UK sales typically accounting for 90%-95% when acquired - internationalisation beyond the UK is a key strategic growth area. ....
By Edward Devlin2021-02-10T11:26:00+00:00 Brook joins Bio&Me as lead investor and advisor, with his six-figure backing to be used to raise brand awareness and help with NPD Former Vita Coco CEO Giles Brook has expanded his portfolio of fmcg brands with a new six-figure investment in Bio & Me. Nutritionist Dr Megan Rossi launched the gut health challenger brand in November 2019 and has rapidly grown retail distribution for its range of ‘gut-loving’ granola, muesli and porridge including a recent launch with Sainsbury’s. He joins Bio & Me as lead investor and advisor, with his six-figure backing to be used to raise brand awareness and help with new product launches. ....
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