Flavored coconut water brand COCO5, last week announced it has completed a $1.5 million round of fundraising led by Spiral Sun Ventures and Loop Capital CEO Jim Renyolds.
In a webinar last week, market research group SPINS shared its 2018 food and beverage trend predictions, which included a rise in new speciality ingredients, an evolution of consumers’ diet preferences and a greater emphasis placed on packaging.
In this Press Clips roundup, the New York Times reports on the growing trend of unfiltered, or “raw”, spring water, while the Wall Street Journal tracks falling sales in organic dairy.
In this Press Clips roundup, Forbes looks into speculation that Coke may be seeking to move into alcoholic beverages in the future, while a report in Fox Business examines the impact of ready-to-drink cold brew coffee at retail.
In this Press Clips roundup, a city-wide project to install public sparkling water fountains across Paris is underway, while elsewhere The Washington Post reports on Coke Zero Sugar's impact on the diet soda market.
During a conference call with investors today, The Coca-Cola Company reported net revenues of $9.08 billion for Q3, surpassing analysts’ projections of $8.72 billion. The company also noted that organic growth was up by 4 percent.