Core brand sales of Celsius are declining sharply, while the acquired Alani Nu brand is showing rapid growth.
1 report, 1 independent
Updated Aug 25
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What happened
Core brand sales of Celsius are declining sharply, while the acquired Alani Nu brand is showing rapid growth.
Who's involved
What this event is mainly aboutKeep exploring
Part of
Celsius Holdings acquired Alani Nu brand, amidst discussions of cost optimization and margin expansion alongside PepsiCo and The Coca-Cola Company.Also in this story
- Celsius Holdings' acquisition of Alani Nu is reported to have caused a sharp reversal on its top line.
- Celsius Holdings, PepsiCo, and Alani Nu are active in the energy drink market, with Alani Nu revenue driving sales increases and analyst ratings being reiterated.
The entities involved
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Celsius Network
UK company operating a cryptocurrency loan and exchange platform