EXCLUSIVE: Alice Mushrooms Lands Investment From L Catterton, Zac Efron, Pedro Pascal and Kevin Hart

  • 📰 wwd
  • ⏱ Reading Time:
  • 48 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 68%

United States News News

United States United States Latest News,United States United States Headlines

Functional mushroom brand Alice Mushrooms has secured an investment led by L Catterton with participation from Zac Efron, Pedro Pascal and Kevin Hart.

with participation from actors Zac Efron, Pedro Pascal and Kevin Hart. They join existing brand backers Jason Strauss, co-chief executive officer of Tao Group, and former chief medical correspondent for ABC News and Alice’s medical adviser Dr. Jennifer Ashton.

Whitney Casey, partner at L Catteron who led the deal, said in a statement: “Alice Mushrooms distinguishes itself with its innovative branding and unique product offerings that connect with a new generation of consumers. Thisaligns with our strategy to support forward-thinking companies in the VMS space. We look forward to partnering with Alice and supporting their mission to transform the wellness market.

Alice, which is available at Erewhon, Pop Up Grocer and other specialty retailers, has previously secured several buzzy collabs with other companies like Fleur du Mal. The team hinted at a cameo on the “big screen” coming next spring. In the fourth quarter, the brand also will be revealing a national grocer and department store retail launch. According to Goodstein, the brand was in about 200 retail doors at the start of 2024 and is expected to close the year with 1,000, though direct-to-consumer has been the largest channel.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 24. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Buyout firm L Catterton approaches Mattel with acquisition offer, Reuters sources sayMattel shares jumped 20% to $19.49 following the Reuters report of the approach, giving the toy maker a market value of $6.5 billion.
Source: CNBC - 🏆 12. / 72 Read more »