Overall snack and non-alcoholic beverages sales were up 5 percent during a four-week period ending on August 11, according to a report on Nielsen all-channel data by Wells Fargo Securities.
PepsiCo this morning announced it has entered into a $3.2 billion agreement for the purchase of Israel-based SodaStream International Ltd., makers of tabletop machines that allow users to make carbonated water in reusable bottles.
Celsius has named Edwin Negron-Carballo as the company's new CFO, who told BevNET his experience in supply chain logistics and distribution can help correct inventory shortfalls that impacted the company's Q2 earnings. Also, NWNA and Kohana Coffee get new hires, while Hoist appoints an advisory team.
New Age Beverages reported revenues of $15.2 million for the second quarter of 2018, a 2 percent decrease from the same period last year, in an earnings call yesterday.
The Coca-Cola Company today announced it has agreed to purchase a minority stake in BodyArmor, a move that will see the sports drink brand exit its distribution partnership with Keurig Dr Pepper (KDP) and enter Coke’s nationwide bottling system.
Children’s beverage company good2grow thinks it has found a way to reach young consumers long before they are old enough to buy their own beverages at the grocery store.
Monster Energy set sales records and hinted at changes to its Mutant line in a call with investors about its Q2 2018 earnings report, while Keurig Dr Pepper continues to integrate its two businesses in the weeks since the merger between Keurig Green Mountain and Dr Pepper Snapple closed. and Keurig Dr Pepper each released Q2 2018 earnings reports this week,
Functional beverage brand Life On Earth has acquired Los Angeles-based The Chill Group, makers of natural relaxation drink line Just Chill.
Evolution Fresh, which is owned by Starbucks, has begun the initial rollout for a six-SKU line of organic kombucha at retailers in seven major U.S. cities: Seattle, Los Angeles, San Francisco, San Diego, Chicago, Boston and New York City.
Indra Nooyi is leaving PepsiCo as its CEO, ending a run of nearly quarter century of leadership roles at the company. In that time Nooyi became an influential and progressive voice for the beverage industry in corporate America.
In steering their respective brands through the modern marketing landscape, better-for-you sports drinks BodyArmor, an independent brand, and Vitamin Water Active, released by The Coca-Cola Company, are taking two distinct approaches to showcasing athletes as part of their 2018 campaigns.
Bend, Ore.-based kombucha maker Humm has developed a new proprietary fermentation process that the company says prevents the liquid from reaching an alcohol by volume (ABV) of over 0.5 percent.
The Coca-Cola Company’s fruitful partnership with one of New York’s powerhouse beverage distributors appears to be ending, as the soda giant confirmed it is pulling Honest Tea, Zico coconut water and Hubert’s Lemonade products from Big Geyser’s DSD network.
In California, a revised FAW issued by the state Department of Public Health effectively prohibits the sale of hemp-derived CBD products, while the debate over defining an identity for the plant-based dairy category moves forward.