Celsius: Domestic Growth Fuel Revenue Gains in Q3
Fitness energy drink brand Celsius saw domestic growth boost overall revenue 23% during the third quarter, according to financial results released by the company last week.
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Baltimore Spirits Company Adds New Spirit to Limited Edition Singularities Line
Baltimore Spirits Company (BSC) has announced the release of a new addition to their line of one-time-only E.B. Smith’s Singularities liquors. Titled simply Singularity #4, the new spirit is a smoked pommeau - another first for the local craft distillery - and will be officially released November 9 during the All Things Apple Festival at Medfield’s Union Collective, which houses their production facility.
Penelope Bourbon Announces Partnership with Castle & Key Distillery
Award-winning bourbon whiskey brand, Penelope Bourbon, has announced its partnership with Kentucky-based Castle & Key Distillery. Starting fall 2019, all Penelope bourbons will be aged, blended and bottled at Castle & Key’s world-famous distillery.
Shetland Distillery Launches Finished in Shetland Blended Malt Scotch Whisky
Shetland Distillery, perhaps best known for its award-winning gins is proud to launch its latest offering a Finished in Shetland Blended Malt Scotch Whisky. The UK’s most northerly distillery has been distilling a range of gin October 2014 as well as producing a series of award winning blended expressions of malt whisky.
Butterfly Picks Up Orgain to Compliment Bolthouse
Los Angeles-based private equity firm Butterfly last week announced its acquisition of a majority stake in “clean” protein brand Orgain. The deal is Butterfly’s fifth investment and second in beverage, following the purchase of fresh juice focused Bolthouse Farms earlier this year.
Monster: Q3 Net Sales Grow Despite Lukewarm North American Business
Despite declines in its North American business, Monster Energy Corp. saw net sales grow by double digits during the third quarter, the company announced in an earnings report yesterday. Speaking with investors during an earnings call, Monster vice chairman and president Hilton Schlosberg reported that net sales grew 11.6% to $1.13 billion, up from $1.02 billion in the third quarter of last year.
Taste Radio Insider Ep. 59: The ‘Slightly Out Of Control’ Growth Strategy
James McMaster, the CEO of Huel, a fast-growing brand of nutritionally complete meal replacement powders and RTD beverages, spoke about how the company manages sales and distribution in 80 countries, the challenges that come with rapid expansion and why formal referral programs are central to its consumer acquisition strategy.
Spirits Gallery: Fall’s New Gins and Tequilas
In this gallery, we highlight a handful of notable new spirits releases in the categories, including two Extra Añejo tequilas (including PATRON's limited edition, oldest-ever release), Bently Heritage's take on new world gin and the debut of zero-alcohol Monday Gin.
Plain Spoke Cocktail Co. Launches Brandy Old Fashioned
Plain Spoke Cocktail Co., the Midwest-based canned cocktail company, has announced the launch of its newest cocktail, Brandy Old Fashioned. This is the fourth canned cocktail in its portfolio, along with Moscow Mule, Bourbon Smash and Mojito.
Heaven Hill Brands Closes Black Velvet Acquisition
Heaven Hill Brands, the nation’s largest independent, family-owned and operated distilled spirits supplier completed the acquisition of Black Velvet Canadian Whisky, the second-largest selling Canadian whisky in the world, and the historic Black Velvet Distilling facility in Lethbridge, Canada, from Constellation Brands Inc.
Bearcat Infused Bourbon Launches in Meijer Stores Throughout Michigan
Bearcat Infused Bourbon, the 80-proof infused bourbon created in honor of female distillers, bootleggers and industry innovators, is thrilled to announce added distribution at Meijer stores throughout Michigan this fall.
CBD-Infused Beverage Brand Good Day Launches Two New SKUs
Premium CBD-infused beverage brand Good Day announced today the launch of its new SKUs, Chamomile herbal tea and Citrus sparkling water.
Coca-Cola Announces Launch of AHA Sparkling Water
The Coca-Cola Company today announced the launch of sparkling water brand AHA, signaling its intention to seriously compete in the rapidly growing zero-calorie sparkling water category.
KDP: Q3 Net Sales Strong, Despite Headwinds from Allied Brands
Although underlying net sales beat analysts’ projections, Keurig Dr Pepper (KDP) is still facing post-merger headwinds from its allied brands portfolio, the company announced in its third quarter earnings report today.