Survey: Distributors Doubtful Over Next Moves for Bang, Monster
Alcohol distributors are dubious regarding Bang Energy’s ability to rebound from its messy, still-unfurling divorce with PepsiCo, according to a survey by Goldman Sachs Equity Research.
Martín Caballero
Managing Editor, BevNET
Martín writes news articles and feature stories covering the non-alcoholic beverage industry for BevNET. A graduate of Boston University, Martín's previous work has appeared in USA Today, The Boston Globe and The Boston Herald.
Posts by Martín Caballero
Pepsi Positions MTN DEW Game Fuel for D2C With New Digital Platform
Beyond its appeal to gamers, though, the launch of a dedicated direct-to-consumer digital platform for MTN DEW Game Fuel may also represent a potential testing of the waters for Pepsi’s future endeavors in e-commerce.
Nielsen: Red Bull Outpacing Category As Energy Decelerates
After months of climbing, energy drinks sales slowed during the two week period ending on November 28, according to an analysis of Nielsen data by Goldman Sachs.
Update: Arbitrator Rules Pepsi-Bang Deal Remains Intact
Despite claims by Vital Pharmaceuticals/VPX Sports boss Jack Owoc that “terminated means terminated,” PepsiCo can continue to distribute the energy drink until the completion of ongoing dispute between the two parties, according to an emergency arbitration ruling issued on Monday.
Owoc Declares “Termination” Completed As Pepsi-Bang Battle Continues
In an interview with Beverage Digest, Bang CEO Jack Owoc declared the company's distribution agreement with PepsiCo as decisively "terminated" despite the soda giant's saying otherwise.
Flame On: Kill Cliff, Podcasting Giant Joe Rogan Collaborate on CBD Drink
The beverage company today revealed “The Flaming Joe,” a new spicy pineapple-flavored SKU in its CBD-infused energy line developed in collaboration with Rogan, best known as the host of The Joe Rogan Experience.
Venus Williams, Dyla Brands Collaborate on Happy Viking Protein Shake
Beverage company Dyla Brands is expanding into a new category with the launch of Happy Viking, a line of plant-based protein drinks developed by tennis superstar Venus Williams.
Cure Hydration Announces $2.6M Raise, Store Expansion
Another hydration-based startup is on the rise, as New York-based Cure Hydration today announced a $2.6 million seed funding round led by Lerer Hippeau Ventures, as well as a nationwide retail expansion.
Distribution Roundup: NERD Focus Expands; CBD Brands Make C-Store Push; ‘Major’ Moves on West Coast
In this Distribution Roundup, brain-boosting energy drink NERD Focus lays the groundwork for national expansion with partnerships in New Jersey, Nevada and Tennessee. Meanwhile, CBD brands Caliper and DEFY secure c-store partnerships in Texas.
Collective Arts Uses CBD As Canvas for Creativity With New Cocktail-Inspired ‘Project’
Last month, the brewery launched Collective Project, a Los Angeles-based sister brand that will develop CBD-infused beverages in the United States and THC-infused drinks north of the border in Canada.
Celsius: Record Q3 Pushes Company Closer To $100M Milestone
Fitness energy drink Celsius is nearing the $100 million mark in annual revenue for 2020 after the company reported $36.8 million in revenue during the third quarter, a new company record and an 80% rise from the same period last year.
So Good So You Lands $14.5M To Grow Probiotic Shots Line
Probiotic juice shot maker So Good So You is getting a boost of its own with today’s announcement that the Minneapolis, Minnesota-based company has closed a $14.5 million funding round led by Prelude Growth Partners.
Smart Cups ‘Refresher’ Launch Aims to Build Brand, Showcase Tech
As the first in a slate of new products set to arrive over the next 18 months, Smart Cups’ Refreshers line -- which launched online today -- is set to help the company drive home its core message with a wider target demographic.
Monster: Q3 Yields Best-Ever Net Sales of $1.25B
Monster Energy Corp. saw net sales of $1.25 billion during the third quarter of 2020, a new company record, according to an earnings report released by the company on Thursday.