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Dave has declined multiple acquisition offers and remains sole owner of GT's Living Foods, which is worth over $900 million and represents 40% of the U.S. kombucha market. [1] In 2019, Dave donated one million dollars to Kombucha Brewers International in an effort to solidify a “standard of identity to protect the integrity of the product.” [7]
Worldwide Brands is a Maitland, Florida based company that was founded by Chris Malta in 1999; it was registered as a corporation in 2001. [1] It is a product sourcing research company that operates WorldwideBrands.com, a website whose primary function is to locate and qualify factory-authorized wholesale suppliers and wholesale manufacturers that are willing to sell to home businesses and ...
The deal was done so GTS would be able to start directly serving retail customers. [7] In the same month, GTS and Mischler Financial Group entered a strategic alliance to enhance their capital markets business. [8] In December 2018, GTS acquired an ownership stake in Wavelength Capital Management, a quantitative investment firm. [9]
GT's Living Foods' kombucha factory subjected workers to 'deplorable and abusive and disturbing working conditions,' according to a court ruling. L.A.'s kombucha empire exploited workers for years ...
Some "fast fashion" retailers, like Zara attempt to control their whole supply chain from design to production to the retail store, in order to practice just in time production, or something close to it; in cases of complete integration, there is no "wholesale fashion distribution," as the retailer is its own manufacturer and wholesaler.
Case in point: the fact that you can now buy a cute bubblegum-pink toy called The Firefighter ($60) at the same time as a tube of statement lipstick and ingrown hair remover.
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