Coleen Rooney ups stake in Applied Nutrition as it targets working mothers
Coleen Rooney has upped her stake in Applied Nutrition as the health firm aims to attract a wider cohort of consumers including working mothers.
The TV personality, and wife of ex-footballer Wayne Rooney, has significantly increased her shareholding in the company, it said.
It is understood that Ms Rooney has roughly doubled her investment, which remains below the 3% threshold requiring a listed business to disclose it to the London Stock Exchange.
The Liverpool-based company, which is also backed by retailer JD Sports, launched its shares on the London stock markets in 2024 and has reported a growth in sales since.
Ms Rooney was one of the investors in the firmโs flotation after becoming a brand ambassador for the group, although the size of her shareholding has never been disclosed.
She is also the face of a collection ofย products for Applied Nutrition, including collagen and powders that target sleep, immunity, hydration and debloating.
Her involvement has helped the business capture a wider demographic of customers, as the sports nutrition market is typically viewed as a more male-dominated field.
Coleen Rooney said: โCombining a healthy lifestyle with exercise helps me feel good about myself and provides the energy required for a busy mum of four boys especially now that I have gone back to working on several projects and opportunities.โ
She said she โcouldnโt be happierโ about her decision to invest in the growing business, adding: โI am excited about the future of the company as it expands into new markets and products and have decided to invest further.โ
Applied Nutritionโs chief executive Thomas Ryder said: โColeen has played an important role in broadening our customer base and increasing brand awareness among a wider, health-conscious audience.โ
Applied Nutrition mainly operates by selling its products to other businesses, including retailers, grocers, gyms and sports clubs, targeting consumers from professional athletes to people wanting to lose weight.
