After closing a $1.3 million funding round, functional beverage startup Evermind is thinking big as it launches online direct-to-consumer sales. Based in Pennsylvania, Evermind produces a line of plant-based “cognitive elixirs” intended to support brain function and mental energy.
Keurig Dr Pepper (KDP) reported a 5.1% increase in net sales to $3.81 billion during the Q3, according to an earnings statement released this morning highlighted by the news of its distribution agreement with sports drink brand Electrolit.
A new in-store cooler program launched this year by L.A. Libations is leading to national expansion for Saint James Iced Tea and Hawaii Volcanic Water. The new merchandising initiative, dubbed Taste Tomorrow, began in July.
Michele Tsucalas and Oliver Buccicone, the founder and CEO, respectively, of super-premium granola brand Michele's Granola spoke about how focusing on “premium simplicity” has enabled it to scale while maintaining its rustic package design and positioning, the brand’s patient path to distribution in conventional grocery and why examining every cost is key to being cash-flow positive and profitable.
Lemon Perfect is bringing on David Kimmell, a former operations head at Onda and Spindrift, as its Chief Supply Chain Officer. Founded in 2017, Lemon Perfect produces a line of sugar-free flavored waters made with lemon juice, positioned as a better-for-you alternative to lemonade.
Functional beverage brand Barcode has been building its business through tight connections in the NBA. Now, the L.A.-based brand is upping the stakes from players to teams, announcing today it has been named the official fitness water of the Brooklyn Nets.
Beverage sales in the convenience channel remained “healthy” in Q3 2023, up by 4.4%, despite decelerating from stronger 6.6% growth in Q2, according to the latest Beverage Bytes survey of retailers conducted by Goldman Sachs Equity Research.
Startup kombucha brand Better Booch is moving to finalize its first acquisition as it has signed an agreement to acquire the assets of fellow fermented drink maker Live Beverages in a move aimed at reaching profitability.
This past April, Quentin Vennie, founder and CEO of Equitea, found himself in a grim position: needing to process and grieve his son’s death, but also, for days ponder the lingering mystery of “what happened?" He's now ready to move ahead with a new mission for the company.
Sports drink maker Barcode has partnered with New York City DSD house Rainforest Distribution, the company announced today, setting the stage for the L.A.-based brand to build a presence on the East Coast.
Michael Zuckerman, president of beverage packaging provider Zuckerman Honickman (ZH), is preparing to exit the company co-founded by his great grandfather, effective January 1.
As the brand’s footprint surpasses 100,000 doors across the U.S. and U.K., Liquid Death has named Stephen Ballard, a sales professional with over 25 years of experience in the alcohol space, as its first Chief Commercial Officer.
Manna Beverages & Ventures (MB&V) is set to acquire California-based co-packer Nor-Cal Beverage Company for an undisclosed sum, the company announced today. The deal is subject to due diligence and approvals.
Coca-Cola-owned dairy brand Fairlife is once again under fire from animal rights group Animal Recovery Mission (ARM), this time regarding claims that is continuing to source its milk from farms rife with cattle abuse, a connection which both Coke and the farms’ owner denies.
