News

Distillery 291 Releases Two Limited Colorado Bourbon Whiskeys

Just in time for the holiday season, Colorado Springs-based Distillery 291 is releasing two limited Colorado bourbon whiskeys - 291 High Rye Colorado Bourbon Whiskey, Batch #23, and 291 Bad Guy Colorado Bourbon Whiskey, Batch #5.

Positive Beverage Launches in Target

Following a rapid racing in growth and expansion by the company, Kelly Dodd and Positive Beverage is proud to be fully rolled-out in all 192 Target retail locations in California and Colorado.

BET Vodka Launches Sugar Beet Vodka

BET Vodka is topping shelves in the Upper Midwest, thanks to its success among restaurants, bar lounges, liquor establishments and home spirits cabinets alike.

Dunkin’ Brands Announces Departure of CMO Tony Weisman

Dunkin’ Brands, the parent company of Dunkin' and Baskin-Robbins, has announced that Tony Weisman, Chief Marketing Officer Dunkin’ U.S., is stepping down from his position effective December 1, 2019.

Coke: Zero Sugar Helps Drive Q3 Sales Growth

The Coca-Cola Company beat analysts’ expectations in the third quarter of 2019, posting a 5% increase in organic sales growth and an 8% rise in net revenue to $9.5 billion, according to a quarterly earnings report released today. Among CSDs, the company’s core Coke line grew volumes 3% and retail value was up 6%. Coke Zero Sugar reported robust 14% volume growth globally.

Natalie’s Showcases New Juices

Natalie’s Orchid Island Juice Company has announced that it will showcase the two newest members of its popular Holistic Juice line at the Fall PMA Fresh Summit Convention and Expo being held at the Anaheim Convention Center in Anaheim on October 18 and 19, 2019.

Taste Radio Insider Ep. 56: What It Takes To Hit The Ground Running

In this episode, Jason Shiver, the CEO of fast-growing sparkling water brand Waterloo, discussed his strategy for winning in a crowded and highly competitive category. Shiver spoke about how he’s applied past lessons to his current role, the challenges of managing rapid growth and how he establishes and communicates metrics for success.

New Age Expands Partnership With Nestle S.A. to Relaunch Nestea Powdered Tea

New Age Beverages Corporation, the Colorado-based organic and natural products company, has announced the expansion of their partnership with Nestle, including the broadening of their license agreement on NESTEA to now include all products under the brand, including NESTEA Powdered Tea products in the United States.

Kickback Launches Three New Hemp CBD Lemonades

Kickback released its newest line of low calorie, low sugar Hemp CBD lemonades. The fun new drink line features three mouthwatering flavors, including Lemony Lemon, Strawberry Sunshine, and Mellow Mango.

M13 Closes “Founder-Focused” Second Fund

After investing close to $100 million over the past few years, the Reum brothers aren’t going to have to look for partners on an investment-by-investment bases anymore. Their investment firm, M13, has raised $175 million for a second fund, this time with capital committed from a pool of limited partners.

Danone Deepens Plant-Based Dairy Holdings With Forager Project Investment

Plant-based food and beverage brand Forager Project announced this week that it has received a minority investment from Danone Manifesto Ventures. Terms of the deal were not disclosed. Speaking to BevNET today, Forager Project founder and CEO Stephen Williamson said the company had to-date been mainly self-funded with some outside investment by individuals.

Press Clips: Nestlé Announces Plans to Refresh Bottled Water Business

Nestlé has announced plans to refresh its bottled water division due to increasing competition and high costs, according to the Wall Street Journal. The reorganization would see Nestlé, which owns bottled water brands including Poland Spring, S. Pellegrino, Pure Life and Perrier, shift from a globally to a locally managed business.