The Weekly Consensus™ brings to your inbox every Monday a summary of the major stories that impacted consumer businesses in the prior week. It also includes “The Big Story” – and editorial by a Consensus professional commenting on an item of significance to the industry.
Last week, Leap, the retail as a service company that helps emerging brands launch and grow their physical retail channel, announced a $50 million capital raise. According to the company’s press release, the investment will be used to open new stores and improve Leap’s technology platform. Leap states that in 2021, the company quadrupled its […]
Boston, MA – Consensus, a leading boutique investment bank focused on the modern consumer economy, announces the formation of Axcelerate, an initiative dedicated to next-generation brands. In recognition of the continued impact of digital-first brands on the consumer sector, and in an effort to best-serve the founders scaling these businesses, Consensus announced the rebranding of […]
In the last Weekly Consensus, our colleague Billy Busko wrote The Big Story about NFTs, retail and the metaverse. Continuing with that theme, one of this past week’s major headlines was the announcement that Microsoft is buying the gaming company Activision Blizzard. The almost $70 billion price tag is the largest ever all-cash purchase of […]
Until late 2020, the most Mike Winkleman – the digital artist known as Beeple – had ever sold a print for was $100. Last year, he sold a non-fungible token, or “NFT,” piece of work for $69 million at Christie’s. Consumer brands are also entering the world of NFTs and the digital, virtual realm in […]
Today is January 10th, which means that for those participating, Dry January is roughly 30% over. As the name suggests, participants in Dry January abstain (or try to abstain) from alcohol for the month of January to moderate and/or reassess their drinking habits and kick off the new year with a healthier start. Many consumers […]