DFA Looks To Younger Milk Drinkers, Partners With Good Culture
Dairy Farmers of America has entered a licensing agreement with cultured dairy brand Good Culture to make a probiotic fluid milk product that hopes to target a younger demographic.
Lukas Southard
Senior Reporter, BevNET & NOSH
Lukas Southard is a Reporter covering the food and beverage industries across BevNET and NOSH.
Posts by Lukas Southard
Hiyo Builds on Non-Alc Trend, Hits Retail Shelves
Non-alcoholic drink brand hiyo increased sales tenfold last year and beat its total sales from January 2022 in the first two days of 2023 saying it could have doubled sales during the month if it had more supply to offer.
KDP: Q4 Net Sales Drive Full Year Double Digit Growth
Keurig Dr Pepper (KDP) expects gross margins will expand in the coming year as pricing and inflation moderate, especially in the company’s coffee segment. It finished 2022 with $14 billion in net sales, a 10.8% growth year-over-year compared to 2021.
Barcode: Next-Gen Hydration Drink At ‘Inflection Point,’ Aiming for 5K Doors
After testing the market for a premium sports drink for the past two years, Barcode is ready to move into national distribution. Recently, the fitness water hired a new COO to help scale the brand for a larger distribution push and new innovation in 2023.
Roar Organic Adds $6M To Build Out Sales Team
Roar Organic secured a $6 million capital infusion to expand its sales and marketing teams as it increases its grocery retail presence and prepares for fresh innovation in 2023.
PRIME Lands Multi-Year UFC Partnership
Logan Paul and KSI’s PRIME Hydration has signed a three-year marketing partnership to become the “Official Global Sports Drink of UFC”, replacing BodyArmor which has sponsored the UFC for the past five years.
Zico Rising Nets $14 Million Investment
Zico Rising has raised $14 million, according to an SEC Form D filing submitted on January 27. SEC documents also indicate the company closed a $4 million round in December marking the company's first capital raises since Mark Rampolla, the founder of Zico, purchased the company back from the Coca-Cola in early 2021.
Unilever Names New CEO, Reaffirms Food Brands Strategy
Unilever has appointed former H.J. Heinz executive Hein Schumacher to lead the CPG company effective July 1 reaffirming the multinational company's commitment to its food brands.
AMASS Brands Expands From Spirits To Wine, Acquires Winc
Botanical products manufacturer AMASS has made its first acquisition, purchasing the operating assets of direct-to-consumer wine subscription platform Winc, in an effort to expand its alcohol business beyond spirits and hard seltzer.
Richard’s Rainwater Eyes Scaling Nationally With Increased Supply
Richard’s Rainwater announced the completion of the world’s largest potable rainwater collection site in Louisiana, setting its sustainability sights on reducing its carbon footprint with a network of decentralized collection and distribution hubs.
Traverse City Whiskey To Open $20M Michigan Production Campus
Traverse City Whiskey Co. has broken ground on a new 70,000 square foot distillery in hopes of turning Northern Michigan into a hub for whiskey in the Midwest.
People Moves: De La Calle President Departs, MāKā Adds Sales Executive
De La Calle president Danielle Calabrese has left Here Studio's tepache beverage brand. Wheatgrass RTD company MāKā brought on Jeff Maher to lead a national distribution push in natural and industry veteran Dave Peacock has been appointed the new CEO of Advantage Solutions.
People Moves: NA Brands DRY And Drink Monday Bring On New Leadership
Non-alcoholic brands DRY and Drink Monday add to their management teams in order to push the respective brands further into retail. BodyArmor loses a longtime marketing executive and KeHE Distributors announces CEO succession plan.
Slate Milk Closes $10.5M Series A To Scale Nationally
Slate Milk closed a $10.5 million funding round that will fuel a national distribution push and support a new product launch in coming weeks.