Spirits and Mexican import beer giant Constellation Brands today put its official stamp of interest on the trend by investing in HOP WTR, an emerging brand of infused zero-calorie sparkling water.
Following today’s final Boot Camp panel, it’ll be two weeks until our two day strategy extravaganza, BevNET & NOSH Virtually Live. We’ll be hosting the event online from 3-5 p.m. EST on Tuesday and Wednesday, with content followed by open networking and discussion. This one is for BevNET/NOSH Insiders only, though, so if you aren’t one yet, you should be.
Greg Steltenpohl, the innovative juice executive who twice brought progressive, environmentally and socially conscious brands to national prominence, was deep into a triumphant second act as a businessman -- and force for good -- when he passed away this week.
The increased demand for products through online sellers like Amazon means that brands need to shift tactics -- something that’s hard to do during a crisis; Betsy McGinn sat for a video interview with Jeff Klineman, BevNET’s editor-in-chief, to provide important advice on how brands should approach their Amazon and broader e-comm strategies as consumer behavior takes a disruptive turn to online food and beverage purchasing.
In a video call with BevNET editor-in-chief Jeff Klineman, Adnan Durrani, the CEO of American Halal, the maker of the Saffron Road line of meals and snacks, gave strategic insight into the challenges of operating a large food and beverage company during these chaotic times.
Former Anheuser-Busch Beyond Beer vice president Randy Ornstein is moving to the retailer side of the desk, taking a job with convenience store delivery company goPuff. Ornstein will be goPuff’s director of alcohol, he confirmed to Brewbound.
Clayton Christopher, the founder of Sweet Leaf Tea and Deep Eddy Vodka, told BevNET that he’d left an active role within the CAVU organization earlier this year, although he is continuing to work as a board member and advisor to the brands in his portfolio from CAVU’s first two investment pools.
Coke-backed beverage maker Suja shared samples of a 2 oz. juice shot that contains hemp extract at the Natural Products Expo West trade show held this week in Anaheim, Calif. The SKU, called Relax, is being deliberated as the potential next addition to the brand's line of high pressure processed (HPP) cold-pressed juice shots introduced in July 2018.
The plant-based snack brand will serve as the first investment in the HIVE, PepsiCo's new emerging brands unit within its North American Nutrition group.
One of a growing set of insurgent premium water brands was taken off the table this morning when Keurig Dr Pepper (KDP) announced that it had agreed to buy CORE Nutrition, the maker of CORE Hydration and CORE Organics, for $525 million.
This year’s list identifies female executives, entrepreneurs and leaders who have the ideas, influence, authority, money, and knowledge to affect the beverage business – both short-term and long-term.
After CNBC reported that premium water brand Essentia was exploring a potential sale, sources close to the situation confirmed to BevNET that the company has been working with Credit Suisse for more than a year, but that there is no official sales process underway.
During last week’s Natural Products Expo West, held in Anaheim, Calif., High Brew CEO David Smith sat down with BevNET editor-in-chief Jeff Klineman to discuss the reasoning behind this latest line extension, as well as the key factors that are shaping the evolution of the cold brew category.
To suppliers, the end of the Whole Foods relationship isn’t a binary anymore, where they’re either in Whole Foods or they aren’t really in the natural channel at all.