Seasonal Cheer for No and Low Spirits, as Drinks Industry Survey Predicts Rapid Expansion in 2023
Christmas party season is in full flow, providing a much needed boost to bars and restaurants after the pandemic challenges of recent years. Train strikes permitting, of course!
However, the days of post party hangovers may be numbered, as changing trends and drinking habits are driving a rapid expansion in the no and low alcohol market.
This was confirmed in a recent industry survey, ‘Leading the Way in No and Low Spirits’, produced by specialist food and drink data consultancy, CGA, in partnership with our PACP client, Crossip (visit website), an award winning challenger brand that is making a mark with its non-alcoholic natural spirits range.
The report highlights that 4 in 5 of the surveyed bars plan to increase their no and low offering in 2023, and that no and low spirits is the category in which most drinks professionals think will achieve the fastest growth in the next 5 years.
Crossip partnered with CGA to produce the first no and low survey that focused on the views and opinions of bartenders, rather than consumers, who are considered the decision makers that play a huge part in future trends.
The results clearly indicate that the market is set to grow exponentially and that there is significant potential in this sector for investment opportunities.
Cheers…I’ll drink a no and low spirit to that!
Click here to download the full Survey Report, or contact greg@pa-capitalpartners.com for more information.
Recession Proof Angel Investing – Now is the Time to Invest in the Fast Growing Second Hand Clothing Sector
The current challenging economic climate is set to continue well into 2023, with some economists predicting a downturn that will extend into 2024.
The good news is that there are still plenty of investors looking for quality deals. And even better news is the reported £150 billion boom in the global market for second hand items, driven by a strong shift in consumer perception as shoppers look for cheaper and more environmentally friendly goods, whilst not compromising on quality.
The trend was highlighted in a recent report by OC&C Strategy Consultants, with the second hand clothing sector set to benefit the most, by an estimated £66 billion global second hand market.
The report expects consumers’ love of second hand clothing to continue to increase, with online marketplaces set to transform access to this global market.
Our PACP client, Style Swap (visit website), is a great example of a business that hits a sweet spot during tricky times for the economy and is already grabbing a share of this massive market.
As consumers are increasingly keeping a close eye on price, environmental impact and quality of product, Style Swap is rapidly growing its online marketplace for premium and luxury pre-loved fashion, using AI to recommend items in the customers’ style, size and budget.
Sustainable shopping in the second hand fashion sector is set to explode and Style Swap is building for the future the ultimate pre-loved platform for consumers, retailers and brands.
Heading into 2023, Founder and CEO, Josephine Waddington, and her experienced team are looking to raise £500k EIS eligible to continue their rapid growth, through brand building and expansion into European and US markets.
For more information, please contact greg@pa-capitalpartners.com
Summary of Our December Pitch Event – Christmas Present Investments
Our December Christmas Present Pitch Event focussed on 3 businesses and their founders, presenting to our investor audience.
We thank you very much for your support with the event and for your interest in these superb investment opportunities.
We look forward to seeing you at our online pitch events in 2023!
Trashplanet
A sustainable, vegan and ethical sneaker brand disrupting the fashion industry and attracting a lot of attention (www.trash-planet.com)
Stage: Growth
Raise: £500,000 EIS eligible
Contact for more information: greg@pa-capitalpartners.com
Peachaus
An ethical and clothing brand that exists to give back to people and the planet (www.peachaus.com)
Stage: Growth
Raise: £1m EIS eligible
Contact for more information: greg@pa-capitalpartners.com
Needi
A gift matching marketplace that uses psychology and AI to match the perfect gifts to your recipient, from local, independent businesses (www.needi.co.uk)
Stage: Growth
Raise: £860,000 EIS eligible
Contact for more information: greg@pa-capitalpartners.com
Events and Pitches
Thursday Jan 26th @ 2.00pm – 3.00pm: January Online Pitch Event
Our first online pitch event of 2023 will be showcasing 3 more founders and their businesses – all are Investor Ready. This is a great opportunity to hear directly from the founders and ask any questions about their businesses and investment options.
Please click here to register.
Thursday Feb 2nd @ 2.00pm – 3.30pm: Joint event with EVE Angels in Collaboration with angels@essex
We look forward to continuing to work closely with EVE Angels in 2023, as it continues on its mission to empower women who are interested in investing.
Please register to attend by emailing harveen@eveangelinvestors.com
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