Prior to 2020, Nashville-based mixer brand WithCo Cocktails was bringing in less than $100,000 per year. But six months after the brand began advertising to drinkers suddenly thirsting for an at-home cocktail during lockdowns, the startup went to making that same amount per month.
The hosts discussed a planned merger between upscale corner store retailers Foxtrot Market and Dom's Kitchen & Market, munched on international snack brands and recalled a time when BevNET briefly entered the bar business.
Has high-end tequila hit a dry spell? A new report from the IWSR Drinks Market Analysis says brands at the top of the agave spirit shelf should expect a continued slowdown in the U.S. and begin to look elsewhere for growth.
Club chain Costco for years has used roadshow sampling events as a testing ground for new brands being considered for a rotation in-store. The process of planning, staging, executing and following through can be complicated and fraught with risk.
Plant-based dairy alternative brand Ripple Foods has raised $49 million in a new funding round, according to an SEC filing this week.
The Coca-Cola Company will be able to challenge Gatorade’s electrolyte content on Powerade labels after the National Advertising Review Board (NARB) favored the company in a decision this week regarding Powerade’s claim to have “50% more electrolytes vs. the leading sports drink.”
In this latest round of distribution news, we check in with Lo Siento, Never Say Die Bourbon and Diageo’s Mr Black Coffee Liqueur.
Energy drink maker Lucky F*ck, launched by Kate Farms founder Richard Laver, has landed a $4 million seed investment from Imaginary Ventures to expand its distribution into Southern California and Texas.
Latin American CPG portfolio company Beliv is continuing its U.S. expansion, this time with a new in-house brand targeting the emerging functional soda category: Mighty Pop.
Non-alcoholic beverage sales remained “healthy and accelerated” in the two-week period ending November 18 reflecting heightened volume growth despite broadly stable pricing, according to an analysis of NielsenIQ data by Goldman Sachs Equity Research.
Pernod Ricard announced new leadership today for its North America business. Conor McQuaid will take the helm as CEO of Pernod Ricard North America at the start of the new year.
Maya Kaimal, the founder and Chief Culinary and Creative Officer of Maya Kaimal Foods, a groundbreaking brand of Indian-inspired sauces, condiments and ready-to-eat dishes, spoke about how her company operates and innovates at the intersection of data, trends and retailer needs, aligning with an investor that could support her vision; and what she’s learned about hiring the right – and wrong – people.
Yerbaé has partnered with Penn State University’s NIL collective, Happy Valley United, in a unique marketing arrangement that includes the release of an exclusive Blue Razz flavor and new distribution partners in Pennsylvania.
After acquiring the small startup brand in 2020, the owners of RTD tea maker Humanitea are getting ready to pour gas in the tank, beginning with a slate of three new flavor innovations.
