Swire Coca-Cola, USA Announces Retirement of President and CEO Jack Pelo
Draper, Utah – Swire Coca-Cola, USA announced today that Jack Pelo, its President and CEO for the past 24 years, will retire at the end of this year. Rob Gehring,…
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Kate Farms Raises $51M in Series B Round
Medical grade meal replacement producer Kate Farms announced today it has closed a $51 million Series B funding round led by Goldman Sachs and Kaiser Permanente Ventures. The round marks the second set of financing raised by Kate Farms this year, following a $23 million Series A-1 round which was closed in April. This new round brings the company’s total fundraising to $99 million.
The Long Drink Now Available Across California, Florida and Arizona
The expansion announcement comes shortly after universally recognized music producer Kygo and renowned PGA tour professional golfer Rickie Fowler joined the company as co-owners earlier this year.
Maker’s Mark Announces ‘Small Town, Bright Lights’ Contest
The iconic Kentucky bourbon today announced the start of its Small Town, Bright Lights contest, in which people 21 years of age and older can nominate a small town that deserves a once-in-a-lifetime holiday makeover as a reward for its remarkable character in 2020.
Celsius: Record Q3 Pushes Company Closer To $100M Milestone
Fitness energy drink Celsius is nearing the $100 million mark in annual revenue for 2020 after the company reported $36.8 million in revenue during the third quarter, a new company record and an 80% rise from the same period last year.
CBD Living Positions Product Portfolio into Functional Need States
CORONA, Calif. — Leading U.S.-based CBD brand CBD Living today announced the release of brand-new product labels, redesigned to make shopping for CBD Living products online and in-store easier than…
Koloa Rum Company Debuts Kaua’i Cacao Rum
Hawai'i’s award-winning Koloa Rum Company debuts Koloa Kaua'i Cacao Rum in partnership with Kaua'i’s Lydgate Farms.
Organic Milk Tea Brand NAICHA Launches Crowdfunding Campaign
Americans have been increasingly discovering Asian foods, with products such as boba tea, shrimp chips, nori and Lao Gan Ma Sichuan chili oil developing cult-like followings. This inspired a local…
Nomad Spirits Co. Announces Launch of Serpiente Ultra Premium Tequila
The Nomad Spirits Company announced the launch of their flagship spirits brand Serpiente Ultra Premium Tequila.
United Liquors Appointed to Represent OM Liqueurs and Thomas Henry Sodas
Vision Wine & Spirits, the national sales & import division of Martignetti Companies, is pleased to announce a new distribution agreement with United Liquors in Massachusetts.
Nielsen: Strong Beverage Sales Suggest Steady At-Home Consumption
In a sign that the at-home consumption trend appears as strong as ever, non-alcoholic beverage sales were up 12.2% year-over-year in the two-week period ending October 31, and up 12.7% in the four-week period, according to an analysis of Nielsen data by Goldman Sachs.
So Good So You Lands $14.5M To Grow Probiotic Shots Line
Probiotic juice shot maker So Good So You is getting a boost of its own with today’s announcement that the Minneapolis, Minnesota-based company has closed a $14.5 million funding round led by Prelude Growth Partners.
Category Close-Up: Plant-Based Milks and Creamers – Product Showcase
After taking a deep dive into the category dynamics and trends on the Expert Analysis portion of the show, the focus for this month’s episode of Category Close-Up: Plant-Based Milks & Creamers shifts to the brands that are driving the action on-shelf in retailers nationwide on Product Showcase.
Speed Dating: Connecting Brands with Designers at BevNET Live
BevNET Live Winter 2020 will feature Designer Speed Dating on Tuesday, December 8. For this round, brands have the opportunity to meet one-on-one with CPG designers. Speed Dating provides a virtual platform for brands to receive feedback on their packaging and create partnerships to do business.