On the second day of BevNET Live Summer 2018, attendees heard from beverage and venture leaders at Nestlé and PepsiCo about how the conglomerates pick their brand investments, as well as topics such as how to prepare a brand for acquisition and building an optimal growth platform.
The journey from startup to major brand -- and the nebulous in-between -- was a line through many of the presentations and fireside chat interviews on stage during the 19th edition of BevNET Live.
Protein infused water maker Trimino Brands has raised $6 million in capital infusion, led by investment firm Vineyard Point Associates, LLC, the company announced this week.
Starbucks Corporation executive chairman and former CEO Howard Schultz announced Monday he will leave the company on June 26, ending his 36 years with the brand he led from its origins as a local Seattle chain to a global coffee juggernaut.
British premium mixer maker Fever Tree opened a new U.S. headquarters today in Brooklyn, N.Y., taking direct control of all U.S. operations and signifying an increased focus on the North American market.
With the rise of online mega-retailers has also come the democratizing tool of direct-to-consumer (DTC) ecommerce. Within this fast growing space, many startups are now looking to subscription models as a tool to growing their business.
FORTO Adds Juice Press Stores for On Premise Growth; Tio Gazpacho Hits Walmart; KonaRed Accelerates National Growth; Celsius Announces Deeper C-Store Penetration; Ito En Partners with Kimball Distributing
People Moves: Tim Sullivan in as Interim CEO at Runa; Beth Wilson-Parentice Out of Sipp; Gerry David in at Jel Shot Co.; Campbell Appoints Roberto Leopardi President of Meals and Beverages Division
Mooala launched in 2016, and has since gained distribution through UNFI and placement in more than 1,500 stores, primarily focused in the Southwest close to the company’s Texas base, but with retailers in the Midwest and Northeast as well.
Seattle Approves Head Tax to Corporations Chagrin; New Study Warns Parents Against Giving Kids Sports Drinks; Study: Drinking Coffee In Groups Makes You Feel Good; Illy Coffee Cans Recalled; PETA Joins Fight Against Dairy Pride Act; Trimino Super Troopers Ads Go Online
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.
JUST Infused Launching in Whole Foods; Waterloo Hits Walmart; Royal Cup Brings New RTD to Walmart; Me & The Bees Enters Whole Foods; Hydrive Makes Southeast Gains
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.
