08 August 2024
08 August 2024
Liquid Death's CFO Karim Sadik-Khan sat down with Just Drinks to chat expansion strategy and growing in a challenging US market.
Net sales tumbled 8.6% to 524.6bn pesos ($555.3m) while EBITDA fell 17.8% to 38.7bn pesos.
Reports of the rejection emerged earlier this week.
CEO Damian Gammell said the group had faced a “weaker volume quarter than we would have liked in Europe”.
The distiller had left the UK market earlier this year and is now returning with its “updated” range.
Proof Drinks has started distributing Finlandia in the region as part of its partnership with Coca-Cola HBC.
The energy drink maker’s CEO said the group was in a strong position given its multi-channel approach.
L Catterton will look to grow Viee’s existing presence in China.
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