Posted by Ray Latif at 3:06 PM on January 03, 2013  Caffeinated water brand Avitae has laid off its entire staff and is in the process of liquidating its remaining inventory, according to former employees. Brian Pitzer, who founded Avitae in 2009, was ousted as CEO in September by the company’s board of directors, the employees say. Multiple calls to Pitzer have not been returned.
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Posted by Jeffrey Klineman at 12:59 PM on January 03, 2013  All-natural protein smoothie company Mix1 is on the verge of shutting its doors, just three months after the Hershey-controlled brand announced a broad redesign. Employees were informed of the state of the company on Wednesday and an announcement is expected from Mix1 on Friday; calls to CEO Brian Murphy were unreturned.
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Posted by BevNET.com Staff at 10:12 AM on January 03, 2013  Understanding the key drivers, trends, and emerging retail opportunities in the health and wellness market is of critical importance for many entrepreneurial beverage companies, and has been the focus of research firm SPINS since its inception in 1995. At BevNET Live Winter 12, Bobbi Leahy, Director of Sales, West, SPINS presented a series of current trends in the health/wellness beverage market, enabling attendees to gauge the positioning and progress of their respective brands.
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