Whether Bang can be saved or if it eventually fades away, it’s become perfectly clear that no matter what happens, its impact on the industry has been made, and will continue to be felt for years to come.
BevNET’s annual Supplier & Services Guide
In a time of uncertainty for beer, flavored malt beverages (FMBs) have found steady success and growth above nearly every other segment. Nearly halfway through 2023, FMBs and non-alcoholic have been the only two beer segments to consistently record double-digit dollar sales growth in off-premise channels.
As a singular product, protein drinks are simple — when the key ingredient is in the name, you kind of know what to expect. But protein drink brands? That’s a whole other story.
Sports drinks by sales and growth.
In craft beer news: Craft Brewers Conference General Session: Slow to No Growth Craft’s ‘New Normal’; Founders Hit With Second Racial Discrimination Lawsuit; New Interim CEO to Lead ‘Next Phase of Rhinegeist’; and Beverage Veteran Kevin Asato Tapped to Lead National Black Brewers Association.
In beverage news: Michelle Obama Joins PLEZi as Co-Founder, Strategic Advisor; Constellation Brands Bolsters Non-Alc Portfolio with Minority Stake in TÖST; Ready to Scale, G.O.A.T. Fuel Closes $5M Seed Round; Cure Hydration Brings in $5.6M Series A Round, Expands to 15,000 Doors; and Chamberlain Coffee Enters RTDs With Walmart Exclusive Launch.
Spring is finally sprung and it’s time to do some housekeeping in my little satellite office here in Manhattan. It is no simple task as every time I reduce the cases of beverages, they are quickly replaced by new submissions.
The Specialty Food Association’s Summer Fancy Food Show, the largest U.S. show devoted exclusively to specialty foods and beverages, is set to return to The Big Apple in June.
In food industry news: Whole Foods Resets Regions, Promises Business As Usual for Brands; Hershey’s SkinnyPop Adds Manufacturing Muscle Via Copacker Acquisitions; FTC Puts Companies on Notice: “Don’t Play Fast & Loose With the Truth”; and Seeking to ‘Move On,’ Schinner and Miyoko’s Settle.
I wrote this column during one of four periods in the year when my chosen profession of journalist starts to blur with that of stenographer: I’m in the thick of earnings season, when publicly traded beverage companies come (mainly) clean to their investors on how the past three months have gone financially and operationally.
Forget a single personalized Bud Light can thirstily sent to a transgender influencer. Anheuser-Busch InBev executives have shown their true colors this spring, and they aren’t rainbows – they’re just a cowardly yellow.
