Bottled water manufacturer Icelandic Glacial announced today it has named Sadowsky to its board of directors. The man also known as the “Beverage Whisperer” is a senior advisor at investment firm Verlinvest and the executive director of beverage distribution group NIDA, but joins Icelandic’s board as an individual.
Keurig Dr Pepper (KDP) is beefing up its DSD wing with the acquisition of Arizona-based Kalil Bottling Co., in a deal that gives the beverage strategic control of all production, sales and distribution assets and its first facility in the Grand Canyon State.
As online marketing and ecommerce have radically changed the playbook for brands, CPG strategy firm PLTFRM is aiming to provide a new “operating system” for modern startups, and now it’s expanding its retail and marketing services to new channels and new industries.
Beverage sales over Memorial Day weekend “broadly met or exceeded expectations” of beer distributors and convenience channel retailers, according to the latest Beverage Bytes survey by Goldman Sachs Equity research.
In January 2022, having bounced back from a period of major revenue declines and operating losses, leading U.S. kefir manufacturer Lifeway Foods announced a new phase for the decades-old brand dubbed “Lifeway 3.0” with a focus on growth and scaling.
Late last year, sparkling beverage maker Sound was facing an existential crisis. Social media had gone quiet and consumers seeking out its canned botanical and tea drinks online and in stores were met with months-long out of stocks.
In the military Jocko Willink led troops into battle in Iraq and in business he’s built a lifestyle media brand around leadership and discipline, but now – as he looks to expand his beverage platform Jocko Fuel – can he conquer the field of DSD? And more importantly, can he build a brand that can thrive beyond its namesake founder?
Sparkling beverage brand Sound is back in supply after its acquisition this month by operating partner Next in Natural, a New York-based private equity firm specializing in better-for-you CPG.
Non-alcoholic beverage sales remained stable across the two-week period ending May 4, 2024, as volume growth picked up while pricing moderated, according to the latest analysis of NielsenIQ scanner data by Goldman Sachs Equity Research.
Loom, the brainchild of Bill Butrymowicz, VP at Jersey Shore DSD house Seaview Beverage, is a new line of juice drinks that will begin rolling out to stores and online this summer. Butrymowicz will be leading the brand as CEO while also continuing to run the distribution business that was founded by his father, using Seaview’s fleet as an immediate entry point into the market.
How do you educate consumers on the herbological origins of chocolate while they’re standing in the store aisle, deciding whether or not to try their luck on a drink called “Cacao Water”? Five years into his cacao products venture Blue Stripes, chocolatier Oded Brenner has yet to find the perfect answer. But he’s getting closer.
Don’t call it a turnaround – at least that was the attitude of Laird Superfood CEO Jason Vieth during the nutrition brand’s Q1 2024 earnings call yesterday, declaring that the “turnaround story has officially become a growth story once again.”
Speaking to investors and analysts on an earnings call this morning, Celsius CEO John Fieldly noted that first quarter revenue was negatively impacted by inventory movements by the brand’s “largest customer,” which was beyond the company’s control, and warned that future inventory fluctuations are expected to occur through subsequent quarters.
Monster Beverage Corporation reported double-digit net sales growth in Q1 2024, rising +11.8% to over $1.9 billion, according to the energy drink manufacturer’s latest earnings report this week.
