Pret founder Metcalfe toasts chocolate drinks-maker Knoops

Business

The founder of Itsu and Pret A Manger is joining the board of Knoops, the fast-growing retailer of chocolate-based drinks.

Sky News understands that Knoops, which is in the process of raising £5m to fund its expansion, will announce that Julian Metcalfe – a shareholder in the company – is to become a non-executive director.

Mr Metcalfe will join alongside Alice Avis, the former chair and chief executive of Sanctuary Spa Group.

The capital-raising is being led by Andrew Gertie, the co-founder of Lush, the cosmetics chain.

Knoops said the new funding would be used to aid its international expansion.

Julian Metcalfe. Pic: Knoops
Image:
Julian Metcalfe is to become a non-executive director, Sky News understands. Pic: Knoops

The chain, run by CEO William Gordon-Harris, has 20 stores across the UK, with new openings planned for cities including Belfast and York.

Read more:
Pret A Manger fined £800,000 after staff member trapped in walk-in freezer
Money blog: Money blog: Is equity release a good idea?
Pret A Manger staff get third pay rise in a year

More from Business

Please use Chrome browser for a more accessible video player

Inflation mission is ‘not accomplished’

“Knoops, like Itsu, is a pioneering confident brand with a sense of purpose and a passion for quality, said Mr Metcalfe.

“They don’t come around that often and I applaud their leadership and vision.”

Ms Avis added: “I truly believe Knoops has found a real ‘sweet spot’ in the food and beverage market and with that has an exciting, international future ahead of it.”

The new appointments are expected to be announced on Monday.

Products You May Like

Articles You May Like

Crypto’s Trump bandwagon has plenty of empty seats
USA sprinter Noah Lyles wins first Olympic gold in epic men’s 100M final
Judge in Trump’s federal election subversion case rejects defense effort to dismiss the prosecution
More than 80 arrests made in connection to copper wire theft
Hamas says its leader Ismail Haniyeh was assassinated in Tehran by an Israeli airstrike

Leave a Reply

Your email address will not be published. Required fields are marked *