The Coca-Cola Company’s performance in Q3 has left Goldman Sachs Equity Research analysts encouraged by what they saw, with better-than-expected organic sales growth indicating a path to recovery in the months ahead.
Now on the cusp of its 20th anniversary, Propel is preparing for its biggest year of innovation thus far. First up is the launch of Propel Immune Support, a two-SKU line of flavored waters that contain 100% of the daily value of Vitamin C and at least 30% of the daily value of zinc in each 20 oz. PET bottle.
The New York City-based brand, which markets a three-SKU line of natural energy shots featuring caffeine from green tea, is set to enter 12,000 c-store locations in Florida via DSD distribution over the course of the next six months, starting with a launch in 1,000 stores in November.
Somewhere in the overlap between digital disruption and good old fashioned beverage sales, Iris Nova founder and CEO Zak Normandin is seeking the path to long-term profitability.
Sugar-free soda Tab, the first diet cola released by The Coca-Cola Company, is the latest brand to be discontinued as part of the company’s ongoing purge of underperforming ‘zombie’ brands.
In this People Moves roundup, La Colombe names Jack Lord as VP of DSD Sales, charged with driving the company's new distribution partnership with Molson Coors. Elsewhere, Suzanne Ginestro has been appointed as chief marketing officer at Califia Farms.
Convenience store retailers are optimistic that beverage sales will continue to increase despite traffic pressures, according to the latest “Beverage Bytes” survey by Goldman Sachs Equity Research.
Cincinnati-based Thirty Drink is making the shift from 12 oz. PET bottles to slim cans, with the shift expected to take effect on retail shelves starting January 2021.
In this People Moves roundup, we highlight new hires from Olipop and Reed's, as well as the promotion of several employees to new roles within Essentia's Senior Leadership Team.
In an interview with BevNET, Perteet Spence, VP of Strategic Solutions at SPINS, discussed the current state of the kombucha industry, including how multi-serve bottles and shelf-stable formats are influencing growth, how flavors are diversifying across channels and the rise of the alcoholic kombucha category.
The shift away from on-premise use occasions sparked by the COVID-19 pandemic has inspired beverage companies to respond with unique innovations for at-home consumption, according to a new report from Rabobank’s research division.
Major beverage corporations continued to report growth despite a slight decrease in total non-alcoholic beverage sales over the last two weeks, according to a Goldman Sachs Equity Research analysis of Nielsen sales data through Sept. 19.
The Santa Monica, Calif.-based protein drink and powder brand, founded in 2011, is set to complete its shift to exclusively offering no sugar added products by the end of this year, as the company has shared details of its reformulated flagship line.
The California-based cold-pressed juice maker’s strong performance over the course of the last 12 months — dollar sales of its refrigerated organic fruit drinks across MULO plus-convenience were up 517% to $18.6 million through August 18, according to IRI — is a welcome sign for both the Coca-Cola owned brand and the cold pressed juice category as a whole.