Red Sox Legend David Ortiz Reveals His New Dominican Rum Brand
Former Boston Red Sox All-Star David "Big Papi" Ortiz is the founder of a new brand of “ultra-premium” rums, Ozama Rum, produced in his home country of the Dominican Republic.
Brad Avery
Posts by Brad Avery
Retailer Confidence Drops 15 Points Since 2024; 73% See Private Label as Priority
Uncertainty and pessimism are rising major among U.S. retailers as labor challenges and inflation have dampened future outlook, according to a report by Progressive Grocer last week.
Feisty Fights for a Female-Focus Within Protein Soda
Vy Cutting, founder and CEO of U.K.-based Feisty Soda – and a former fashion designer – believes there’s an opportunity not only to play to the high protein diet trend, but to forge a real connection with female consumers.
Report: Nestlé Worked with French Government to Cover Up Perrier Scandal
A French Senate investigation found this week that Nestlé colluded with French government officials to cover up that it had filtered its Perrier brand of sparkling water in clear violation of French and European Union standards for the term “natural mineral water.”
Reed’s Says Production Can Finally Meet Demand as Q1 Sales Rise
In its first earnings since new CEO Cyril Wallace joined the company last month – following a two decade career at PepsiCo – Reed’s projected confidence moving forward as net sales grew 4.5% to $10 million in the quarter and supply hurdles appear to have stabilized.
Coco5’s Rebrand Fuels Fresh Sales with Women, Premium Clubs
While coconut water-based sports drink brand Coco5 may be sticking close to its “mile-deep” philosophy, distribution is getting a lot bigger than just an inch-wide. Founded in 2010, the better-for-you hydration drink maker has been ramping up business over the last five years.
Lifeway Continues Growth Streak in Q1 on Back of Drinkable Kefirs
Leading U.S. kefir brand Lifeway Foods had its 22nd consecutive quarter of year-over-year growth, with net sales up 3.3% to $46.1 million, in its Q1 2025 earnings report this morning. The net sales growth was fueled primarily by volume improvement for Lifeway’s line of branded drinkable kefirs and its farmer’s cheese.
Daily Briefing (Insiders Only): Dwindling Energy, Beefy Plants and Tariff Anxiety
This spring’s crop of public company earnings offered a mixed bag of results, as large players struggled, smaller brands soared, and “economic uncertainty” was the phrase of the month. As we close the books on Q1, here’s some of our main takeaways.
Black Rifle Takes Q1 Revenue Hit, But CEO Sees Growth on the Horizon
Black Rifle Coffee Company said distribution gains ensured it was off to a “promising start” to the year, even as revenue dropped for Q1 2025 in its latest earnings report this morning.
Gopuff Goes Supersized Amidst Fears of Shortages
As consumers and companies become more fearful of looming economic challenges, Gopuff’s solution is to go big. The ecommerce grocery platform announced today a new multipack line of bulk products called GoXL, with over 300 items available for home delivery.
One Mother of a Rebrand: Guayakí Becomes Yerba Madre
Guayakí this morning debuted a full rebrand under a new name: Yerba Madre. According to the company, the name – which means “Mother Herb” – is intended to be both easier for consumers to remember and more representative of its diverse set of suppliers and partners across South America.
Vita Coco: Q1 Sales Come Out Swinging, But Tariffs Raise Uncertainty
The Vita Coco Company kicked off 2025 with a bang as the company touted double-digit net sales growth across all territories in its Q1 earnings report today. Net sales for the company were up 17% in the quarter to $131 million, with the U.S. growing 24% and international sales growing 36%, according to the company.
Gorgie Nets Glamorous $24.5M Round, Target Rollout Up Next
Working to go from TikTok and DTC to IRL brick-and-mortar, better-for-you energy drink brand Gorgie announced today that it has closed a $24.5 million funding round led by Notable Capital. According to the company, the new capital brings Gorgie’s lifetime funding to $37 million since its launch in 2023.
Reed’s Names PepsiCo Vet Wallace as CEO, Snyder to Retire
Reed’s has appointed former PepsiCo exec Cyril Wallace as its new CEO, replacing outgoing leader Norman E. Snyder, who is stepping away from the role after five years with the craft soda producer.