BevNET
Natural Food and Beverage Brands Rank on Inc. 5000
Earlier this week, Inc. released the 2019 edition of the Inc. 5000 list — a ranking of the fastest-growing privately held companies in the U.S.
Beverage Industry News, Reviews, Events, & Jobs
Former Anheuser-Busch Exec Launches Canned Cocktail Company Five Drinks Co.
“Less isn’t more. It’s right.” That’s the motto of Five Drinks Co., the new high-end, ready-to-drink canned cocktail venture co-founded by former Anheuser-Busch InBev executive Felipe Szpigel. The tagline is apt given that Five Drinks’ offerings are made with five ingredients or less and packaged in 6.8 oz. cans.
Reed’s: Supply Chain Issues Lead to Disappointing Q2
While customer demand for Reed’s products has grown, the company was hit by supply chain shortages during the second quarter of 2019 which resulted in an underwhelming growth report and delays on new product launches.
BevNET Inside Track Webinar: Your Networking, Lead Generation & Awareness Arsenal
In the spirit of partnership, we’re hosting a webinar for service and supplier companies. We understand that you have different objectives and priorities than a brand, so we’ve created the “BevNET Inside Track” to give you advice on how to gain awareness in the industry and optimize your experience at events.
Review: IndiCoco Coconut Water
IndiCoco is a three SKU line of shelf stable coconut water beverages that are produced in Thailand. The line includes an unflavored product made with a single ingredient in addition to two flavored offerings.
Elevator Talk: Beauty Gourmet Supports Women’s Wellness Naturally
Kris Ravenscroft is the co-founder and CEO of Beauty Gourmet, a company that creates sparkling wellness teas for women. The company's first product line is Glitter Tea, which is sparkling tea that contains ayurvedic ingredients like Amla extract, adaptogens and antioxidants.
Distribution Roundup: Pillars Doubles Store Count
Pillars Drinkable Greek Yogurt Doubles Store Count; Yerbae Adds 2,000 Stores; MATI Energy Launches Whole Foods Southwest, Focuses on Office Accounts; LIFEAID Partners with Hudson News Distributors; ITO EN Oi Ocha Green Teas to Enter Walmart; HFactor Adds 1,500 Walmart Locations
Review: Purpose Purple Tea
Purpose Purple Tea is a line of ready to drink purple tea beverages that are Non-GMO verified and, as the name subtly suggests, is built around a social mission that focuses on female tea pickers in Kenya, where the product is sourced.
Taste Radio Insider Ep. 46: What Happens When You Never Release The Gas Pedal?
No Cow founder/CEO Daniel Katz spoke about his passion for entrepreneurship and the genesis of his plant-based protein bar brand, which he launched with no business plan or extensive market research. He also discussed why his initial “play the numbers” retail strategy worked, why he rarely asks for advice, and why he decided to return as CEO less than a year after stepping down from the role.
Jones Soda: Revenue Down in Q2
Jones Soda Co. reported a 10 percent decrease in year-over-year revenue in the second quarter in an earnings call with investors yesterday. During the call, Jones CEO Jennifer Cue discussed hemp and CBD company Heavenly Rx’s recent investment and the company’s plans for the development of a CBD-infused beverage line.
Celsius: Domestic Revenue Drives Q2 Growth
Fitness energy drink Celsius saw year-over-year revenue grow 73% during the second quarter of 2019, according to financial results released by the company yesterday.
Cannabis Forum 2019: Cannabiniers Plans for Infused World Domination
Speaking at Cannabis Forum 2019, held on June 14 in New York City, Michael Hayford, co-founder/CEO/chairman of Cannabiniers parent company Lighthouse Strategies, shared a look at the company’s ambitious roadmap for growth.
New Age: Revenue Up in Q2
New Age Beverages recorded a 397% increase in net revenue and a net loss of $11.7 million in the second quarter of 2019, according to financial results released by the company this morning.
KDP: Mixed Q2 Results Reflect Post-Merger Headwinds
According to financial results released by the company this morning, underlying net sales grew 2.6% in the second quarter of 2019, driven by a 2.1 increase in volume/mix and a higher net price realization of 9.5%. However, net sales for packaged beverages grew just 1%.
Monster vs. Bang: New VPX Complaint Contains ‘Conspiracy’ Claims
The latest volley in the ongoing legal skirmish between Monster Energy Corp. and Bang Energy manufacturer Vita Pharmaceuticals/VPX Sports was filed yesterday in U.S. District Court in the Southern District of Florida. The complaint accuses Monster and its executives of engaging in a “conspiracy” to “suppress, obstruct, and conceal” alleged health risks related to consumption of the brand’s energy drink products.
Former A-B Beyond Beer Exec Randy Ornstein to Run goPuff Alcohol Delivery
Former Anheuser-Busch Beyond Beer vice president Randy Ornstein is moving to the retailer side of the desk, taking a job with convenience store delivery company goPuff. Ornstein will be goPuff’s director of alcohol, he confirmed to Brewbound.
