After a pilot run in Brazil, PepsiCo’s customizable pod-based beverage format Drinkfinity is now available stateside, launching exclusively through the brand’s website last week.
The Coca-Cola Company came out strong in Q4, reporting 6 percent organic revenue growth following a year of restructuring and cross-category portfolio expansion. The company expects that momentum to carry into 2018.
Five former Monster Energy employees suing the company for sexual harassment and discrimination say they’ve been both heartened and “overwhelmed” by support they’ve received since speaking publicly about their cases last month.
Meal replacement beverage Soylent continues its push from ecommerce to brick-and-mortar retail by partnering with New York distribution house Big Geyser.
The Santa Monica, Calif.-based beverage incubator announced last week a strategic partnership with coffee maker KonaRed to give the brand the weight in the market it needs to grow in an increasingly-crowded category.
The specialty channel still aims to serve consumers looking for distinctive and innovative beverage products, but that category has had outsized growth -- which means its role within the channel’s commercial ecosystem is evolving.
This morning Keurig Green Mountain, a subsidiary of JAB Holding Company, announced a $18.7 billion merger with Dr Pepper Snapple Group. The deal came with a payout for DPS shareholders of $103.75 per share.
Forager CMO Moves to Canvas; Giannella Alvarez Goes to Beanitos; Co-Founder Leaves Distill Ventures; Sol-ti’s O’Donnell Steps Down; Fever Tree Grows Board
Kona Deep, which recently completed a $5.5 million fundraise that will help expand its distribution and production capabilities, is working to educate consumers on how deep ocean water can provide quality hydration from a sustainable source.
After two years with the company, CEO Giannella Alvarez has left Harmless Harvest, the company confirmed this week. An interim CEO is in place but has not been named publicly.
SOM is a sleep-aid dietary supplement sold in 8.1 oz. cans in original and zero sugar varieties. The formula contains magnesium, vitamin B6, l-theanine, gaba, and melatonin to help give consumers a deep, restful slumber.
Through an agreement with Starbucks Coffee, Joyride is now producing and distributing Starbucks brand draft cold brew and nitro cold brew for the coffee giant’s foodservice accounts at hospitals, bookstores, colleges and offices in New York, Boston, San Diego, San Francisco and Los Angeles.
Know Brainer, a ketogenic creamer brand, has partnered with Nestlé via the Terra Food + Ag Tech Accelerator program to incubate the brand. The program began in October with an 8-week educational curriculum and will close an additional 8-week pilot period in February.
Monster Energy today announced it has signed a new multi-year contract with Ultimate Fighting Championship (UFC) to remain the “Official Energy Drink” of the mixed martial arts competition.