As it looks to expand its team to match its fast-growing footprint, discount grocery ecommerce platform Martie has raised $7 million in a new funding round led by Upfront Ventures, the company announced this week.
Non-alcoholic beverage sales decelerated over the Thanksgiving holiday, according to the latest analysis of NielsenIQ data by Goldman Sachs Equity Research covering the two-week period ending December 2.
Zero sugar tea and lemonade maker Swoon today named two new executives, both with experience at large CPG companies, to oversee marketing and sales. Sarah Gustat will serve as Swoon’s first ever CMO and brings over 15 years experience in the beverage industry.
In this video interview, PRIME co-founder Logan Paul sat down with us to discuss how the brand achieved its rapid rise in both the hydration and energy drink categories, including how his and his co-founder KSI’s hands-on approach to branding and marketing helped differentiate the company from other influencer-backed brands.
BevNET Live Winter 2023's second day of programming featured presentations on disruption, non-alcoholic alternatives, M&A opportunities, and more.
After launching its first RTD products this spring, Chamberlain Coffee, the influencer-powered brand created by social media star Emma Chamberlain, is adding two new oat milk-based offerings to compliment its existing almond and coconut milk-based lattes.
The official start to BevNET Live Winter 2023 got going early, with a spirits-themed Sunday afternoon including panels on the state of the RTD cocktail category and a new champion in the annual BevNET Cocktail Showdown.
Plant-based dairy alternative brand Ripple Foods has raised $49 million in a new funding round, according to an SEC filing this week.
The Coca-Cola Company will be able to challenge Gatorade’s electrolyte content on Powerade labels after the National Advertising Review Board (NARB) favored the company in a decision this week regarding Powerade’s claim to have “50% more electrolytes vs. the leading sports drink.”
Latin American CPG portfolio company Beliv is continuing its U.S. expansion, this time with a new in-house brand targeting the emerging functional soda category: Mighty Pop.
After acquiring the small startup brand in 2020, the owners of RTD tea maker Humanitea are getting ready to pour gas in the tank, beginning with a slate of three new flavor innovations.
As it moves to discontinue its PowerBar brand business in North America, protein products portfolio company BellRing Brands announced full fiscal year 2023 net sales over $1.6 billion, up 21.5%, in an earnings report this week.
After announcing it would drop its flailing sports drink brand BioSteel earlier this summer, Canopy Growth announced Friday it has found two buyers for the brand’s assets through a court-approved agreement.
Food and beverage volume sales are expected to improve in 2024 as several of the major headwinds facing the industry are on pace to ease in the coming months, according to a new report by market research firm Circana.
