The financing comes 13 months after Earthbound Farms, a subsidiary of food and beverage conglomerate WhiteWave Foods, made an $3 million investment in Daily Greens in exchange for a minority stake in the company.
Organic Valley Flavored Half & Half will be available on shelves in March. SRP: $3.49
From May 1 through July 31, 2016, the company will donate five cents from the sale of every specially marked red, white and blue bottle of Extra Strength Cherry flavor 5-hour ENERGY to the Special Operations Warrior Foundation (SOWF), a top-rated nonprofit organization that ensures funding for a full college education for the surviving sons and daughters of fallen military special operations forces who lose their lives in the line of duty.
Prochnow pointed to terms like “healthy” and “made in the USA” as examples of label claims that must be substantiated or companies risk the wrath of class action lawsuits.
Sources tell Reuters that Kroger is in the second round of an auction process that’s also seen interest from buyout firms Apollo Global Management LLC, KKR & Co LP, and TPG Capital LP.
Juicy news coming out of California: Jeff Hansberry, the president of Starbucks’ Evolution Fresh unit, has taken a new role as president and chief commercial officer of sales and marketing broker Advantage Solutions.
minoTOR will also be sponsoring the Arizona Sidewinders, the Rattlers' Professional Cheerleading Team.
Midleton Dair Ghaelach is the first ever Irish Whiskey from the Midleton distillery to be finished in virgin Irish Oak Hogsheads, and Green Spot Château Léoville Barton, the first Single Pot Still Irish Whiskey to be finished in Bordeaux wine casks, bring a new dimension to the classic expressions renowned among whiskey connoisseurs for their exceptional quality.
We often ask event speakers to consult their crystal balls for the future of the beverage business. This time, we reached out to friends so that you wouldn’t have to travel. So here’s what they’re thinking about as they look down the road, and also, what we think some of our biggest questions are for the industry in 2016.
The tequila is fermented with rare Chilean wine yeast, aged 28 months in American white oak, and then macerated with locally sourced Mexican green Serrano peppers and cinnamon.
Just as kombucha has evolved from a community of homebrewers to a $600 million beverage category, Kombucha Brewers International has taken significant steps over the last year to further professionalize its role as the trade association for the industry.
A brand pivot in 2012 enabled growth, noted CEO Chris Cuvelier.
Muhtar Kent, Chairman and Chief Executive Officer of The Coca-Cola Company said, "Looking forward to 2016, we remain committed to achieving underlying performance in line with our long-term growth model and delivering long-term, sustainable value to our system and shareowners."
The Company has also entered into a non-binding letter of intent to refranchise Company-owned bottling operations in China to existing partners China Foods Limited, part of COFCO Limited, and Swire Beverage Holdings Limited, building on other recent global refranchising initiatives in Europe and Africa.