High Brew, Rebbl Announce $20 Million Rounds
Twenty is the lucky number of the day as two fast-growing brands -- High Brew Coffee and Rebbl -- kicked off the weekend by announcing $20 million investment rounds.
Twenty is the lucky number of the day as two fast-growing brands -- High Brew Coffee and Rebbl -- kicked off the weekend by announcing $20 million investment rounds.
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Similar to the existing Lemon, Ginger and Cherry SKUs, the new BLNDS varieties are a combination of cold-pressed watermelon juice and other flavors, in this case Blood Orange, Cayenne, Cucumber, and Mint.
Hood River Juice Company, owner of Ryan’s brand apple juices and ciders, says a warning letter from the U.S. Food and Drug Administration (FDA) last month was “completely unexpected” and that it has taken action to correct past violations.
Monster Energy reported a rise in net sales in the first quarter of 2018, but a significant drop in gross profits has left investors pessimistic about year-end margins for the energy drink company.
Ugly Drinks, an United Kingdom-based sparkling water brand, is launching in the U.S. on May 14 via a direct-to-consumer ecommerce platform and at independent retailers in the New York metro area.
As the sparkling water and protein drink categories both continue to expand, David Jenkins, a former Olympic sprinter and founder of protein products brand NEXT Nutrition, is looking to marry the two with his latest venture.
Massachusetts-based botanical essence water brand Blossom Water has unveiled new packaging and a reformulation reducing the amount of sugar from 11 g to 5 g per bottle, removing erythritol and agave, and adding probiotics.
During an earnings call with investors on Thursday, CEO Kevin Johnson partially attributed the company’s growth during the quarter to its $384 million sale of Tazo Tea to Unilever in November, as well as the strategic decision to close Teavana cafes in order to focus on that brand’s CPG products.
The company, which launched online in November 2017, markets a line of plant-based protein beverages targeted at active women. Each SKU is vegan and non-GMO, contains 180 to 190 calories per 11 oz. Tetra Pak container, and has 13 g of protein.
The Coca-Cola Company touted its Diet Coke rebrand, the performance of Coke Zero Sugar, and its 2017 acquisition of sparkling water brand Topo Chico as positive contributors to its Q1 2018 financial results during a conference call with investors on Monday.
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Brew Dr. Kombucha has appointed EVP of Business Development Marty Wall as the company’s first President, the company told BevNET on Wednesday; John Fieldly approved as permanent CEO of Celsius
Following nationwide controversy after two black men were arrested in a Philadelphia Starbucks the company has said it will review its policies; PepsiCo trials Aquafina dispensers; Public outcry after Nestle is cleared to increase its pumping of Michigan groundwater; Finlays opens a Rhode Island facility; Lavazza reveals it turned down offers to sell from both JAB and Nestle.