Home Money Posh Spice fans help drinks brand Dash Water turn its first profit with annual sales of £35m

Posh Spice fans help drinks brand Dash Water turn its first profit with annual sales of £35m

0 comments
Glitz: Victoria Beckham (pictured) has hired Dash Water to make 'Posh' branded cans for Paris Fashion Week

Glitz: Victoria Beckham (pictured) has hired Dash Water to make ‘Posh’ branded cans for Paris Fashion Week

One of Britain’s fastest-growing drinks brands has made its first profit as fans including Victoria Beckham helped boost annual sales to £35m.

Dash Water, which was launched in 2017 and uses poor-quality fruit rejected by supermarkets to flavour sugar-free sparkling water, will post pre-tax profits of £74,900 by 2024.

And in what could provide a further boost, Beckham has hired the company to make ‘Posh’-branded cans for her Paris Fashion Week show on Friday.

Beckham, known as Posh in the Spice Girls, drinks up to six cans of Dash’s raspberry-flavoured drink every day and insists her assistant flies her to wherever she is in the world.

Co-founder Jack Scott, who set up the business with Alex Wright, said she has been a fan “for many years”.

Dash aims to generate £35m in revenue by 2024.

Backers include former Manchester United captain Patrice Evra and City star David Milner, who ran pet food business Lily’s Kitchen.

DIY INVESTMENT PLATFORMS

Easy investment and ready-to-use portfolios

AJ Bell

Easy investment and ready-to-use portfolios

AJ Bell

Easy investment and ready-to-use portfolios

Free investment ideas and fund trading

Hargreaves Lansdown

Free investment ideas and fund trading

Hargreaves Lansdown

Free investment ideas and fund trading

Flat rate investing from £4.99 per month

interactive investor

Flat rate investing from £4.99 per month

interactive investor

Flat rate investing from £4.99 per month

Get £200 back in trading commissions

Saxo

Get £200 back in trading commissions

Saxo

Get £200 back in trading commissions

Free treatment and no commissions per account

Trade 212

Free treatment and no commissions per account

Trade 212

Free treatment and no commissions per account

Affiliate links: If you purchase a product This is Money may earn a commission. These offers are chosen by our editorial team as we believe they are worth highlighting. This does not affect our editorial independence.

Compare the best investment account for you

You may also like