A week before announcing a $15.95 million investment round (one that included funding from Russell Simmons, Kimora Lee Simmons, and Asia’s richest man La Ka Shing), Celsius announced new distribution in Gold’s Gym Fitness Centers.
Red Bull Editions were a big winner in the convenience store channel, where the products racked up $238.9 million in year-one dollar sales.
Hiball Energy made its first foray into the coffee category with the launch of its new three-SKU “Rich & Creamy” line. Formulated with organic and Fair Trade coffee beans that are cold brewed and blended with nonfat milk, cream, organic and Fair Trade cane sugar, the drinks are also infused with organic guarana, ginseng and B vitamins.
Last year, Jade Monk unveiled a new line of ready-to-drink, matcha-based beverages, which the company showcased at BevNET Live's New Beverage Showdown 8. Available in four varieties, the drinks are cold brewed and high pressure processed. From our perspective, Jade Monk has done a commendable job, and with a few tweaks, has a winner on its hands.
Surveying retailers who represent over 15,000 convenience stores nationwide, the report found dollar sales of non-alcoholic beverages in C-stores were up 6.4 percent in the first quarter of 2015.
Bai CEO Ben Weiss today revealed that Dr Pepper Snapple Group’s (DPS) $15 million acquisition of a minority stake in his company was based on a half-billion dollar valuation. The deal gives DPS a 3 percent ownership position in Bai, which also recently secured a $25 million line of credit from global investment banking firm J.P. Morgan Chase.
3 Water is a product that blends spring water with electrolytes and caffeine (50mg) and enhanced to achieve a pH balance of 7+ (slightly alkaline). The result is a beverage that the manufacturer hopes will be viewed as the “perfect water.”
Despite having a line of fruit-flavored beverages that’s focused on “natural,” there’s no juice in any of Caribbean Rainforest's Agua de Chia products. To compound matters, the company's selection of candy-like flavors is a bit of a head scratcher given that chia is a health-oriented product.
Domenick Vultaggio and John Ferolito have reached a settlement in what has been an eight-year long dispute over the value of the company they founded together in 1992.
Soda rivalries aside, the battle for control of the ready-to-drink tea category is beginning to brew over.
Banjo’s Cold Brew Coffee, which is made in Decatur, Ga., is a ready-to-drink, cold-brewed coffee that is made “specialty grade beans,” according to the company. The product definitely looks the part of the cold-brew coffee segment. As for what’s inside the bottle...
While water brands often do a lot to describe the methods they use to make their water superior to others, it’s hard to really gauge the superiority of the liquid just by drinking the product. It's the packaging that sets brands apart. On that front, Core Natural has succeeded in creating something that stands out and has a fresh look to it.
LAB is seeking investments ranging from $3 million to $10 million in early stage beverage businesses, and will not be exclusive to the alcoholic segment.
Eighteen months after signing a national distribution deal with Dr Pepper Snapple Group (DPS), Bai Brands, which has grown at a torrid pace in the timeframe, has sold an equity stake to the beverage titan.