Flow: Sales Drop Double-Digits in Q2, Execs Emphasize Opportunity in Sustainability
Flow Beverage Corp. announced a 21% decline in consolidated net revenue to approximately $9 million in Q2 FY2022, compared to $11.3 million the previous year.
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Taste Radio: How Kin’s ‘Big Bold Bet’ Is Changing The Way People Think About Social Drinking
Jen Batchelor, the co-founder and CEO of Kin Euphorics, a pioneering brand of non-alcoholic social tonics, joined the podcast for an expansive conversation about the inspiration for and development of Kin, how Soylent provided a rough template for the company’s business strategy and D2C success and how she applied learnings from success at upscale retailer Erewhon to other chains.
SkinTe Expands Retail Offering into Walmart Stores
SkinTe, the first ever collagen-infused and mood-boosting sparkling wellness soda, is excited to announce its retail expansion into 1,289 Walmart stores across the country offering three of their most popular light and refreshing collagen sodas to consumers: Green Tea Grapefruit, White Tea Ginger, and Hibiscus Vanilla.
MTN DEW + Casey’s Partner to Release New MTN DEW OVERDRIVE
After much anticipation, MTN DEW and Casey’s – the third largest convenience retailer and fifth largest pizza chain in the U.S. – are joining forces to unveil a first-ever collaboration with the newest addition to the MTN DEW flavor line-up, MTN DEW OVERDRIVE.
NielsenIQ: Non-Alc Beverage Sales Slow Down As Volume Pressures Rise
Volume fluctuations are creating a turbulent economic environment in non-alcoholic beverages, as higher volume growth pressures contributed to depressed sales during the two-week period ending June 4, according to an analysis of Nielsen data by Goldman Sachs Equity Research.
Koe Organic Kombucha Earns Massive Distribution Wins Following Rebrand
Koe Organic Kombucha — fruit-forward, probiotic-packed, and refreshingly delicious kombucha – announces expanded distribution in conventional grocery, natural grocery, and convenience stores across the U.S including select Target, Rite Aid, 7-Eleven, Extra Mile, Woodman’s, and Food City stores. This expanded distribution is fueling Koe sales, which according to IRI Reporting are growing over 16 times faster than the Kombucha category. Koe also has the number one fastest velocity growth in the kombucha category, which indicates loyalty as new consumers become repeat purchasers. Koe is the first or only kombucha in many new accounts, making the healthy fermented brew more accessible to consumers nationwide.
Southern Glazer’s Wine & Spirits Appoints Chris Williams to Executive Vice President, National Accounts
Southern Glazer's Wine & Spirits (Southern Glazer's)—the world’s preeminent distributor of beverage alcohol—today announced that it has appointed Chris Williams to the role of Executive Vice President, National Accounts of Southern Glazer’s Wine & Spirits.
GURU Reports 7% Revenue Growth in Q2, Prepares Marketing Acceleration
Canadian energy drink maker GURU Organic Energy Corp. reported quarterly net revenue of CAD$7.6 million, up 7% from CAD$7.1 million in 2021, in its fiscal year Q2 earnings report today.
Perfect Hydration Alkaline Water Expands National Distribution and Gains Velocity Across Channels
Perfect Hydration Alkaline Water – the brand elevating the water industry with 9x purified, domestically sourced, refreshing alkaline water in sustainable packaging – announces explosive distribution gains nationally and in key regional markets. Perfect Hydration is now available at Kroger, Sprouts Farmers Market, Rite Aid, Extra Mile, Smart & Final, and more. As distribution increases, Perfect Hydration’s sales velocity continues to rise – according to May 2022 52-week IRI Reporting, Perfect Hydration is growing four times faster than the bottled water category as a whole, and 24% faster than the alkaline water category.
buzzbox Premium Cocktails Continues to Drive Innovation in RTD Category With Sustainability Focused Package Redesign
buzzbox premium cocktails announced new packaging across its portfolio of ready-to-drink, all natural ingredient cocktails. The new packaging and exclusive agreement with Blue Ridge Spirits & Wine Marketing for distribution management and customer sales elevate buzzbox’s ongoing efforts to lead the ready-to-drink cocktail category in quality and sustainability.
Target Launching RTD Agave Wine Cocktail
Target has announced the launch of Casa Cantina, a line of agave wine-based RTD cocktails.
Brody’s Crafted Cocktails Coming Soon to Total Wine & More Stores in New Jersey, New York, Delaware, Florida and California
Brody's Crafted Cocktails, a line of ready-to-serve craft-style bottled cocktails, has announced product availability coming soon to Total Wine & More locations across NJ, NJ, DE, FL and CA . This mission-based beverage brand offers a unique line of ready-to-serve premium spirits based bottled cocktails — perfect for home entertaining, vacationing or serving at your weekend tailgate.
291 Colorado Whiskey Announces Straight Bourbon Whiskey Batch #3
As part of its highly anticipated, annual summer release season, 291 Colorado Whiskey is releasing 291 Colorado Straight Bourbon Whiskey (Batch #3) on June 14 (National Bourbon Day). Matured in deep-charred, new American white oak barrels, this limited-edition, barrel select release is batched from whiskey harvested at five, four and two years. Head distiller, Eric Jett notes, “Batch #3 of our 291 Colorado Straight Bourbon Whiskey strikes the perfect balance between spicy and sweet.” The aroma is full of cinnamon graham crackers (heavy on the cinnamon), cloves, and white pepper. But this spice is equally met with dried cherries and cacao powder, along with a touch of earthy rooibos tea and fresh pine sap. It's an aroma that continues to surprise and entice as more time is spent with it.
Oatly Adds Electric Trucks to Its North American Transportation Logistics
Oatly Group AB (Nasdaq: “OTLY”) (“Oatly” or the “Company”), the world’s original and largest oat drink company, announced the introduction of electric powered, heavy-duty trucks to the Company’s ground transportation in North America. Finding initial success with utilizing electric trucks as part of the Company’s transportation operations in Europe beginning in 2020, Oatly now expands the initiative to include an initial fleet of five electric trucks in the U.S. As part of its ambition to set an example as a future company, Oatly aims to shift to 100% sustainable ground transport for its products and materials by 2029. The introduction of electric trucks within U.S. operations helps build toward this ambition.