Headlines

Pernod Ricard Spins Out American Whiskey Subsidiary

Pernod Ricard is honing in on its American whiskey ambitions with a new U.S.-based subsidiary, North American Distillers (NADL), responsible for global operations for all of its American whiskey portfolio brands.

Taste Radio: Can Kombucha Make A Comeback? Money Is Still Flowing… In Some Spaces.

It’s a “buy or sell” episode as the hosts opine about the future of online grocery shopping, fish sticks, and whether kombucha can recapture some of its magic (and sales). They also discuss Athletic Brewing Co.’s recent $50 million financing round and highlight a few fizzy and spicy new products.

NIQ: Total BevAlc Sales Slip Through End of June

The latest data set from NIQ showed a modest slowdown in sales growth for total BevAlc in the two-week period before June 29, according to analysis from Goldman Sachs Equity Research.

FABID Q2 Report: Food & Beverage Investment Activity

This is the first of our exclusive quarterly food and beverage industry reports from FABID. This report, which focuses on Q2 2024 food and beverage venture activity, features exclusive content created just for our BevNET and Nosh Insider audience!

NielsenIQ: Non-Alc Beverage Sales Decelerate in Late June

Non-alcoholic beverage sales growth remained healthy despite some deceleration in the two-week period ending June 29, according to the latest analysis of NielsenIQ retail scanner data by Goldman Sachs Equity Research.

People Moves: Pressed Juicery Names New CFO

Former Health-Ade CFO Gary Cooperman has been appointed to Pressed Juicery's leadership team in a split role as CFO and COO where he is focusing on expanding the brand's retail presence.

Alliance Consumer Growth Closes $160M Fund V

Growth equity investment firm Alliance Consumer Growth (ACG) announced today it has closed on a new, $160 million fund, the company’s fifth. The new fund brings ACG’s lifetime financing to over $1 billion in aggregate capital commitments, the firm said.

Joe Tea ‘Crawls’ Into Cans

Joe Tea is is testing out its new canned format in three-SKUs as the company diversifies its distribution options into DTC, ecommerce and on-premise locations where glass bottles are prohibited.