NBA legend Shaquille O’Neal has joined FORTO coffee shot maker Dyla Brands as an investor and will be the face of a $20 million media campaign for the product this fall, CEO and founder Neel Premkumar told BevNET. The size of the investment was not disclosed.
Jaka Jamu is a line of turmeric and tamarind tonics produced in New York City. The products are designed as a ready-to-drink jamu, which is a traditional Indonesian medicinal drink that is typically made from roots, bark, and other natural ingredients.
In this week’s episode, Sebastian Dreher, the managing director of Dohler Ventures U.S., discussed the firm’s funding philosophy and why he believes that investing in emerging brands is more “art than science.” He also spoke about how he evaluates scalable innovation, why category dynamics are crucial to Dohler’s investment strategy, and why great founders are also great fundraisers.
Speaking in June at BevNET Live Summer 2019 in New York City, Weller co-founder John Simmons shared lessons and learnings from his experiences as a CBD pioneer, including how other cannabis product categories have informed the brand’s strategy, how retailers and distributors are looking at infused products, and the process Weller followed to define its platform.
Julian Edelman is MVP of more than The Big Game, now he’s also part of the Perfect Hydration alkaline water team. The Wide Receiver has officially partnered with Perfect Hydration, embodying the healthy, active lifestyle the brand represents.
Queen City Hemp, the innovative Cincinnati brand responsible for creating America’s first CBD seltzer, has announced expanded retail availability throughout Northern Kentucky through a new agreement with Stagnaro Distributing.
Mother co-founders Allison and Stephen Ellsworth said Rohan Oza, who took a 25% stake in the company in exchange for his individual investment, arranged meetings between Mother and CAVU shortly after filming Shark Tank. In February the brand secured additional financial backing from the firm, but did not announce the deal until this week.
In this month's spirits gallery, we highlight a handful of the notable new releases from the past month, including a blend of four Kentucky straight bourbons from Bardstown Bourbon Co., the debut of bespoke California whiskey maker Wolves, and the U.S. debut of British-inspired rum Admiral Rodney.
Better Than Milk, one of the leading brands in plant-based, shelf-stable powdered alternative milk beverages for more than 50 years, brings refreshing and exciting news to grocery store aisles with the introduction of its Organic Ready-to-Drink Alternative Milk Beverages.
California Kills Cancer Warning Label for Coffee; Food Waste Brands a ‘Booming Business’; Cuvée Coffee Creates Fake Influencer; Walmart Prepares to Launch Home Grocery Delivery Service; JAB Wrestles with its Nazi Past
From Slurpee drinks to cold-pressed organic juices, 7-Eleven, Inc. has a long history of beverage innovation. Now the world's leading convenience retailer enters the fast-growing performance energy drink arena with its own private brand version – Quake.
Being a challenger means not only having big ideas, but knowing how to grow from a startup brand to true scalability. For Vitaminwater and BodyArmor co-founder Mike Repole, this means being “patiently aggressive,” staying on your toes, and setting ambitious goals-- like becoming the top-selling sports drink by 2025.
Perrier Carbonated Mineral Water announced the return of Perrier ARTXTRA – an arts initiative focused on supporting the contemporary artist community – with the launch of a year-long collaboration with renowned visual artists DABSMYLA.
Shaka Tea, the first line of authentically Hawaiian iced teas on the market brewed with adaptogenic, herbal mamaki, a leaf only found and grown in the Hawaiian Islands, has announced the appointment of Cameron Hill as director of sales, Western US.
