Total BevAlc sales growth decelerated slightly with volume up across spirits, wine and cider, while more negative on sequential basis for beer, hard seltzer and flavored malt beverage during the two-week period that ended December 2, according to an analysis of NielsenIQ data by Goldman Sachs Equity Research.
Empirical, an experimental spirits company created by alumni of the famed restaurant Noma, has filed for bankruptcy for its Danish operations, although the founders insist business in the U.S. or globally will not be impacted and that its stateside business is “thriving."
As it looks to expand its team to match its fast-growing footprint, discount grocery ecommerce platform Martie has raised $7 million in a new funding round led by Upfront Ventures, the company announced this week.
Non-alcoholic beverage sales decelerated over the Thanksgiving holiday, according to the latest analysis of NielsenIQ data by Goldman Sachs Equity Research covering the two-week period ending December 2.
We are proud to present the first-ever winners of BevNET’s 2023 Best Spirits Awards, a group that is reshaping and reimagining consumers’ relationship with alcohol with style, personality and persistence.
The process of successfully transforming a brand into a portfolio company, which is certainly no small feat, was a hot topic of discussion at BevNET Live Winter 2023, which took place last week on December 4 and 5 in Marina Del Rey, California.
Zero sugar tea and lemonade maker Swoon today named two new executives, both with experience at large CPG companies, to oversee marketing and sales. Sarah Gustat will serve as Swoon’s first ever CMO and brings over 15 years experience in the beverage industry.
Jane Miller and Adam Hertel, the CEO and Chief Sales Officer, respectively, of Rudi's, discussed their plan to breathe new life into the legacy bakery brand, how they identified its most pressing issues, why they are emphasizing innovation and how Rudi’s is working closely with retail partners to develop new products that can resonate with new and existing consumers.
As brands and retailers face big concerns about the state of the economy heading into the new year, the panels and presentations at BevNET Live Winter 2023 tackled those questions head on.
Newcomers in non-alc spirits are climbing up the list of Drizly’s top-selling SKUs, illustrating how brands are continuing to find innovative ways to replace drinking occasions.
Get ready for our December Community Calls! This month, learn how emerging brands are using social platforms to educate consumers with Chutni PUNCH and Fila Manila, how Dan-O's viral TikTok videos transformed the brand from a struggling business to a social media sensation, and how to utilize limited time offerings to drive sales and velocity.
In the midst of our Winter 2023 events, the hosts highlighted the brands that triumphed in the NOSH Pitch Slam along with BevNET’s Cocktail Showdown and New Beverage Showdown. They also spoke about the palpable energy and enthusiasm at the events and why a new generation of THC-infused beverages indicates a promising future for cannabis drinks.
In this week's new products roundup, Melo debuts its non-alcoholic sparkling kava-based drink, Wize Tea teams with illustrator Chairman Ting to revamp its packaging and Blue Bottle continues its collab series with Canadian singer-songwriter “The Weeknd.”
Brown-Forman reported net sales of $1.1 billion and lowered its full-year net sales growth expectations by 2% in its second quarter earnings report, citing a “challenging operating environment” amid “evolving global macroeconomic conditions.”
