Business
Commencement of Third-Party Sales
Commencement of Third-Party Sales.
About this update from Chill Brands Group Plc
[{"type":"text","content":"\n \n \n \n THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF REGULATION 11 OF THE MARKET ABUSE (AMENDMENT) (EU EXIT) REGULATIONS 2019/310\n \n \n \n 16 February 2023\n \n \n \n Chill Brands Group plc\n \n \n \n \n (\"Chill Brands\"\n \n or the \"Company\")\n \n \n \n Commencement of Third-Party Sales\n \n \n \n Chill Brands Group, the international consumer packaged goods company, is pleased to provide an update on the development of its online sales strategy following the addition of the first third-party brand to the Chill.com website.\n \n \n \n \n \n Products from Mad Tasty, America's leading brand of hemp-infused beverages, are now available for purchase by US consumers on Chill.com. Founded in 2018 by the Grammy Award-winning lead singer of OneRepublic, Ryan Tedder, Mad Tasty offers a range of functional and hydrating beverages infused with premium hemp extract. The brand is partnered with Interscope Records and has enjoyed extensive media coverage from outlets including Forbes, Fortune, Rolling Stone, British GQ, and Buzzfeed.\n \n \n \n \nOver the coming weeks and months, Chill Brands and Mad Tasty will engage in a variety of cross-promotional activities to drive engagement and sales via Chill.com. The Company intends to develop the site as an online destination for sales of unique products while championing categories of in-demand consumer-packaged goods that may be underserved or overly restricted by existing eCommerce marketplace sites. Chill Brands will earn commissions from all sales made on the site.\n \n \n \n \n \n The Company has reached agreement with five additional brands and continues to negotiate with numerous others with a view to selling their products on the Chill.com marketplace. Further updates will be issued in due course.\n \n \n \n \n \n \n Dan Kelly, Vice President of National Accounts for Mad Tasty, commented:\n \n \n \n \n \n \n \"We are thrilled to be joining the Chill.com marketplace and are excited to continue growing our audience with the Chill Brands team. Mad Tasty has been built around cutting-edge, innovative ideas and we are certain that Chill Brands' approach will be of huge value to us and other brands that join.\" \n \n \n \n \n \n \n Callum Sommerton, Chief Executive Officer of Chill Brands, commented:\n \n \n \n \n \n \n \n \...