Creatd Ventures' Camp Reaches Milestone; Sells 45,000 Boxes & Secures Placement on New Online Wholesale Marketplaces

Rhea-AI Summary

Creatd, Inc. (Nasdaq CM: CRTD) announced significant growth for its healthy food brand, Camp, which has sold over 45,000 boxes since Q4 2021. Despite supply-chain challenges, Camp has expanded its distribution through new partnerships with online wholesale marketplaces Faire and Mable. This development allows the brand to reach a broader audience, tapping into the $2T market represented by small businesses in North America and Europe. CEO Thomas Punch highlighted Camp's established position among leading healthy pasta brands.

Positive

• Camp sold over 45,000 boxes since Q4 2021.
• Secured placements on new wholesale marketplaces Faire and Mable.
• Expands distribution to small businesses in a $2T market.

Negative

• None.

• Despite supply-chain headwinds, Creatd's direct-to-consumer healthy food brand, Camp, continues to see significant growth and distribution
• Camp is now available to purchase on two new online wholesale marketplace communities: Faire and Mable

NEW YORK, May 9, 2022 /PRNewswire/ -- Creatd, Inc. (Nasdaq CM: CRTD) ("Creatd" or the "Company"), the parent company of Creatd Ventures, today announced a milestone in the growth of its healthy pasta company, Camp. Having sold over 45,000 boxes since Q4 2021, Camp continues to widen its distribution network with the additional placement on online wholesale marketplace platforms Faire and Mable.

Commented Thomas Punch, CEO of Creatd Ventures, "Within six months, Camp has secured its position on the roster of healthy pasta brands, such as Annie's and Gal Gadot's Goodles. In addition, we are proud to have joined wholesale marketplaces Faire and Mable, enabling us to reach new buyers and further our distribution into locally-owned small businesses."

Consumers are choosing to support local shops over big-box chains. There are millions of thriving small businesses in North America and Europe alone, who collectively represent a $2T market. With access to a global community and the power of technology, Creatd Ventures is broadening its omni-channel approach to its portfolio of DTC brands.

For wholesale orders, please visit Camp on Faire and Mable:
Faire: https://www.faire.com/brand/b_jbkxuqbn9w
Mable: https://www.meetmable.com/camp

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

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SOURCE Creatd, Inc.

FAQ

What recent milestone did Creatd's brand Camp achieve?

Camp has sold over 45,000 boxes since Q4 2021.

Which new marketplaces is Camp available on?

Camp is now available on Faire and Mable.

What challenges is Camp facing in its supply chain?

Creatd mentioned supply-chain headwinds impacting operations.

How is Creatd Ventures expanding its market reach?

By securing partnerships with online wholesale marketplaces and targeting local small businesses.

What is the size of the market for small businesses in North America and Europe?

The market represents a total of $2T.