Canadian alkaline water company Flow Beverage Corp. expressed it was “on the road to profitability” due to its recent co-manufacturing gains despite announcing lower margins and decreased revenue in its fourth quarter earnings this week.
New year, new canned cocktails. In this gallery, major players such as BeatBox, High Noon and Simply Spiked drop new flavors, newcomers Soula and Soke bring sake and agave wine canned cocktails to the market, and rapper Waka Flocka joins forces with Big Sipz.
After a solid performance in Q4, convenience channel retailers are feeling more positive about the growth of the beverage category heading into 2024, according to the latest Beverage Bytes survey from Goldman Sachs Equity Research.
California canned cocktail and hard kombucha maker JuneShine has received a seven-figure investment from private equity firm InvestBev.
The Vita Coco Company’s plant-based energy drink brand Runa may be on the auction block after being discontinued, effective immediately, according to the brand’s website.
CPG industry veteran Craig Dubitsky launched today a new coffee brand called happy products that seeks to pair a philanthropic mission and unique business structure with the clout of a recognizable face to compete in the $17 billion coffee category.
Jesse Merrill, the co-founder and CEO of better-for-you dairy brand Good Culture, spoke about why mission and values dictate every aspect of business strategy, why proof of concept and velocity are keys to brand development and being “maniacal” about delivering on the products’ key attributes.
As another Dry January comes to a close, non-alc online retailer and importer The Zero Proof is taking a bigger step into the rising category with funding from Asahi Group Beverages & Innovation, the U.S.-based venture arm of Asahi Group Holdings.
When customers told Moshi that it wanted a low sugar, canned alternative to its Asian-inspired sodas in glass bottles, it listened. The Brooklyn-based brand’s new line of flavored sparkling waters launch on February 1 in four flavors – Asian Pear & White Miso, White Peach & Yuzu, Fuji Apple & Concord Grape and Honeydew Melon & Cream.
In a time of tequila saturation, how does a brand try to stand out on the shelf? For Siempre Tequila, it’s by not trying too hard.
Tequila exports dipped last year for the first time since 2009, just as the higher end segments driving years of double-digit growth began to lose steam.
Ray shared takeaways from a recent event hosted by private equity firm Manna Tree, including a shift in most important product attributes for consumers of natural brands, and how Gen Z and Alpha’s current spending patterns can inform brands about where to invest their resources.
In this week’s new products gallery, C4 teams up with Popsicle to craft nostalgia-inducing energy drinks, Morta Kombucha moves into 16 oz. aluminum cans and Liquid Death continues on its quest to murder thirst by launching new flavors.
Revenue from the spirits and cognac segment of LVMH fell 10% in 2023 as demand for Hennessy continued to wane in the U.S. and China, according to the company’s full year revenue earnings report released today.
