After a decade spent building their portfolios by aggressively acquiring or investing in small, innovative beverage brands, the heady days for strategics may be ending. That’s according to a new report released this month by Rabobank in which analysts unpacked the various conditions that have seen the likes of Coca-Cola, PepsiCo and others forced to adjust their investment strategies.
Phocus announced that Sean A. Muldoon has joined the company as Chief Supply Chain & Quality Control Officer. In this role, Sean will join the executive team and primarily be responsible for overseeing the supply chain network and quality assurance.
Ball Corporation, the world’s largest manufacturer of aluminum beverage cans, will continue to allocate inventory to customers and import cans from overseas due to short supply throughout this summer, executive vice president and chief financial officer Scott C. Morrison said yesterday during a public session of the Deutsche Bank Global Basic Materials Conference.
Spiritfruit all-natural vodka soda makes a big splash this summer with the launch of direct-to-consumer shipping. The recently debuted ready-to-drink cocktail made with real fruit juice can now be delivered right to the doorstep in over 40 US states.
Coffee Project NY has been innovating on-premise in their New York City cafes for years, but it took a global pandemic to push co-founders Chi Sum Ngai and Kaleena Teoh to develop a coffee they could share with consumers beyond the city limits.
Rootstock Cider & Spirits, a farmstead cidery and craft distiller in western New York, has introduced its hard ciders and spirits to the Texas market through distributor Favorite Brands.
In December of 2019, the company entered the American market and has already sold a quarter of a million meals. It expects its latest line of drinks and powders to solidify its position in the US as a producer of complete-nutrition meal replacements.
Cointreau in partnership with Architectural Digest, Bon Appétit, and GQ, is on the hunt to find America’s favorite summer margarita recipe. To kick off the search, the brands have teamed up with Emmy award-winning host Andy Cohen, home-chef and award-winning actress Courteney Cox and Tony and Grammy award-winning actor, rapper, songwriter, and producer Daveed Diggs to mix up innovative and fresh margarita recipes in The Ultimate Margarita Showdown beginning June 24.
FreeWater Inc. launches with a foundation, focus in philanthropy and a product is eco-friendly and BPA-free, and is paid for by the ads printed directly onto the aluminum bottles and cartons. Advertisers have the option to distribute the water for free or sell the beverage for profit.
Fruit and botanical-infused sparkling water brand Aura Bora announced Tuesday the close of a $2 million seed round of funding. The San Francisco-based brand, co-founded by CEO Paul Voge and his wife Maddie, has been one of the buzziest new names in sparkling water since launching in 2020, offering five zero-calorie flavors.
As consumers “hunkered down” last year amid the pandemic, demand for new food and beverages was very much up, according to IRI’s New Products Pacesetter report examining the performance of 2020’s new product launches.
On the heels of a blockbuster spring of new chart-topping music, a groundbreaking foray into fashion, and the sold-out release of his flagship SelvaRey Owner's Reserve, Bruno Mars is showcasing his rum empire in a new creative content series.
In honor of Metallica’s iconic self-titled album, widely known as The Black Album, BLACKENED American Whiskey announces their limited edition The Black Album Whiskey Pack.
Multiple Award-Winning, premium tequila brand Anteel Tequila slated to release another expression on the market that may just be the first of its kind.
