STOCK TITAN

Creatd's DTC Wellness Drink, Dune, Reaches Milestone of 100,000 Bottles Sold; Secures Placement in 130 Urban Outfitters Retail Stores

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Creatd, Inc. (Nasdaq CM: CRTD) announced that its DTC wellness drink, Dune Glow Remedy, has achieved a milestone of 100,000 bottles sold since its launch. The brand is also expanding its retail presence through a partnership with Urban Outfitters, placing Dune in 130 locations nationwide. CEO Thomas Punch highlighted the company's ability to leverage technology and data to facilitate brand growth. This expansion aligns with Creatd's goal of enhancing its e-commerce capabilities and supporting its ventures through strategic partnerships.

Positive
  • Dune sold over 100,000 bottles since launch.
  • Secured a deal with Urban Outfitters for 130 retail locations, enhancing visibility.
  • Leveraging technology and data for brand growth and e-commerce capabilities.
Negative
  • None.
  • Dune, Creatd's DTC wellness drink, hits milestone of 100,000 bottles sold.
  • Continues to expand retail distribution, securing deal with Urban Outfitters to introduce Dune in 130 brick-and-mortar locations nationwide.

NEW YORK, May 23, 2022 /PRNewswire/ -- Creatd, Inc. (Nasdaq CM: CRTD) ("Creatd" or the "Company"), the parent company of Creatd Ventures, today announced a new milestone for its direct-to-consumer ("DTC") wellness beverage brand, Dune Glow Remedy ("Dune"). Since the brand's launch last year, Dune has sold over 100,000 bottles. At the same time, Dune continues to widen its retail distribution. Following the Company's third and largest order with Urban Outfitters, Dune will, for the first time, be available nationwide at over 130 of its brick-and-mortar retail locations.

Commented Thomas Punch, CEO of Creatd Ventures, "One of the defining features of our business is a capacity to help a brand kick-start its growth by leveraging the same technology, first-party data, and sales channels used by our portfolio brands. The same effect can be expected when it comes to Dune's retail and wholesale distribution strategy. Already, we're building upon Dune's existing fruitful partnerships to create opportunities for Camp and Basis in brick-and-mortar locations." 

Creatd's e-commerce brands, housed under its Creatd Ventures pillar, feature a consolidated supply chain infrastructure and draw from Creatd's proprietary technology and data to increase marketing impact and grow revenues.

About Creatd

Creatd, Inc. (Nasdaq CM: CRTD) is a creator-first technology holding company and the parent company of the Vocal platform. Our mission is to empower creators, entrepreneurs, and brands through technology and partnership. We accomplish this through Creatd's four business pillars: Creatd Labs, Creatd Partners, Creatd Ventures, and Creatd Studios.

Creatd: https://creatd.com;

Creatd IR: https://investors.creatd.com;

Vocal Platform:https://vocal.media;

Investor Relations Contact: ir@creatd.com

Forward-Looking Statements

Any statements that are not historical facts and that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, indicated through the use of words or phrases such as "will likely result," "are expected to," "will continue," "is anticipated," "estimated," "intends," "plans," "believes" and "projects") may be forward-looking and may involve estimates and uncertainties which could cause actual results to differ materially from those expressed in the forward-looking statements. We caution that the factors described herein could cause actual results to differ materially from those expressed in any forward-looking statements we make and that investors should not place undue reliance on any such forward-looking statements. Further, any forward-looking statement speaks only as of the date on which such statement is made, and we undertake no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made or to reflect the occurrence of anticipated or unanticipated events or circumstances. New factors emerge from time to time, and it is not possible for us to predict all of such factors. Further, we cannot assess the impact of each such factor on our results of operations or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. This press release is qualified in its entirety by the cautionary statements and risk factor disclosure contained in our Securities and Exchange Commission filings.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/creatds-dtc-wellness-drink-dune-reaches-milestone-of-100-000-bottles-sold-secures-placement-in-130-urban-outfitters-retail-stores-301552542.html

SOURCE Creatd, Inc.

FAQ

What milestone did Creatd's Dune wellness drink achieve?

Dune reached a milestone of 100,000 bottles sold since its launch.

Where will Dune be available for purchase?

Dune will be available in 130 Urban Outfitters retail locations nationwide.

What is the stock symbol for Creatd, Inc.?

The stock symbol for Creatd, Inc. is CRTD.

What does Creatd's CEO say about Dune's growth?

CEO Thomas Punch emphasized that the company can leverage technology and data to support Dune's growth and retail strategy.

CREATD INC NEW

OTC:CRTD

CRTD Rankings

CRTD Latest News

CRTD Stock Data

3.43M
2.99M
Independent Artists, Writers, and Performers
Arts, Entertainment, and Recreation
Link
United States of America