BevNET
Beverage Industry News, Reviews, Events, & Jobs
Kite Hill Raises $40M: CEO Says Rate Limiting Factor is ‘Time and Space Continuum’
The round was led by existing investors, including General Mills’ venturing arm 301 Inc. CAVU Venture Partners, and (according to an SEC filing) Whole Foods Market.
Review: Good Idea Drinks: The Swedish Sugar Buster
Good Idea Drinks is a dietary supplement sparkling water product that is made with a blend of five amino acids and a mineral (chromium picolinate). The product, which comes in three flavors including Sparkling Orange Mango, Sparkling Dragonfruit, and Sparkling Lemon Lime, is very much about functionality.
Coke Elects Brian Smith As New President, COO; CFO Weller Retiring
The Coca-Cola Company has announced Brian Smith will take over as the new president and chief operating officer of The Coca-Cola Company on Jan 1., 2019, after the board of directors today elected the 21-year company veteran to succeed CEO James Quincey in the role.
Constellation Brands CEO to Step Down Next Year
Rob Sands will step down as CEO of Constellation Brands on March 1, 2019, the New York-based alcohol beverage company announced today.
Riff Cold Brewed Coffee Raises $1 Million from Angel Investors
Bend, Ore.-based Riff Cold Brewed Coffee today announced it has raised $1 million in an angel round of investment from a “who’s who” group of Oregon technology and consumer products executives.
Elevator Talk: Pervida Looks to Nature to Help Keep Consumers Healthy
President and CEO, Josep Bassaganya-Riera, calls Pervida a revolutionary functional drink. The brand uses all-natural ingredients and patented technology to develop highly functional beverages for the health-conscious consumer.
NACS Video: Coke Builds ‘Total Beverage’ Strategy at C-Stores
Speaking with BevNET at the NACS show, Susan Gambardella, vice president of convenience retail for Coca-Cola North America, explained how the company is implementing its “total beverage” strategy within the C-store channel.
Szmell the Flavor: Scent-Based Water SZENT Launches Online
The Los Angeles-based brand, which officially launches exclusively on Amazon today, uses a ring around the neck of each 20 oz BPA free PET bottle made from a polymer infused with natural oils that replicate the experience of drinking flavored water -- without the use of any additives to the liquid itself
Review: Truronia
Truronia is a line of USDA Organic HPP juices that feature aronia berry as its key ingredient. The product line currently includes four single serve 100 percent juice varieties including Original, Mango, Coconut, and Pineapple.
NACS 2018 Video: Fiji Takes New Paths Forward
In July, Fiji left the Keurig Dr Pepper allied brands portfolio to handle its own distribution. The transition marks the start of a new era for the premium water brand, and at NACS this month the company’s president Elizabeth Stephenson gave BevNET some insight into what the future might look like.
Taste Radio Ep. 133: The BluePrint For a Legacy of Wellness, Success and Getting a Direct Line to Howard Schultz
BluePrint founders Zoë Sakoutis and Erica Huss discussed the brand’s origins, early wins and struggles, and how a voicemail left by former Starbucks chairman and CEO Howard Schultz factored into their decision to sell the company. They also spoke about their experience moving into the food space with Erzo, a brand of vitamin-infused biscuits, and explained how their new podcast has provided a way to address some unfinished business.
As Pilotworks Shuts Down, New Brands Face Uncertain Future
“Distributed kitchen” startup brand incubator Pilotworks abruptly ceased operations nationwide this weekend, leaving hundreds of food and beverage businesses without production and storage facilities or distribution to retail outlets.
Distribution Roundup: OWYN Expands to Walgreens, Wegmans
OWYN Aims to Triple Store Count, Enters Walgreens and CVS; Dunn’s River Brands Partners with Big Geyser for Sweet Leaf Distribution; Wandering Bear Expands in Target with Grab-and-Go Placement; Alkaline88 Adds 7,500 Stores
NACS News Roundup: New Age Embraces CBD; Red Bull Revamp; Sparkling Waters Rising
In this roundup of news from the 2018 NACS trade show in Las Vegas, BevNET checks in with Red Bull and Hint about recent line extensions, examines developments in the sparkling water space, learns about new CBD drinks from New Age Beverages, and samples Brew Dr. Kombucha's new C-store exclusive innovations.
