Koia president and CFO Michael Woolard is on to his next venture, leaving the plant-based protein beverage company to start his own consulting business. After more than six years with the brand, he has founded his own contract business, tentatively called Foundational CPG.
As it works to wean itself off of the combustible tobacco products that made it a multi-billion dollar behemoth, British American Tobacco (BAT), the 123-year-old multinational nicotine producer, has been placing bets on the better-for-you, functional food and beverage sector
New government policies liable to drag down retail growth could be to the benefit of online grocers, with U.S. online grocery sales expected to outpace brick-and-mortar by 5.2x through 2029, according to a new report from ecommerce data and consulting firm Brick Meets Click.
CPG private equity firm Next In Natural (NeNa) has acquired Colorado-based kombucha and soda brand Rowdy Mermaid, along with new equity investor Luke Comer, founder of Sapient Stews, the company announced today.
Brad Woodgate, founder of functional beverage brand Joyburst, is no stranger to litigation. So when a process server came to his door last month, he seized the chance to turn a sour occurrence into a viral marketing moment.
A California federal judge agreed this week that 5-Hour Energy maker Living Essentials LLC created an unfair competitive environment for family-owned wholesalers by offering “disproportionate promotions” to Costco, but stopped short of ruling it an antitrust violation.
L.A. Libations is looking to spread the wealth with the launch of Taste Tomorrow Ventures, a venture capital arm that has closed a $30 million fund to invest in emerging beverage and snack brands.
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.
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.
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.
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.”
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.
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.
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.
