This morning G FUEL announced new "significant growth equity" in the form of an eight-figure cash investment from Kingswood Capital Management and First Bev, the exact terms of which were not immediately released.
Flow Water is continuing to expand operations at its Aurora, Ontario production facility while simultaneously seeking its divestiture, announcing today a five-year manufacturing partnership with alcoholic RTD punch BeatBox Beverages set to kick off next summer.
Non-alcoholic beverage sales remained “healthy and broadly stable” in the two-week period ending November 4 primarily reflecting a slight acceleration in pricing growth that was offset by weaker volumes, according to the most recent analysis of NielsenIQ data by Goldman Sachs Equity Research.
Energy drink startup Plant Press has completed a seed round of just over $1.2 million with investors including former Tory Burch CMO Miki Berardelli and former NBA Players Association head Roger Mason.
Pronghorn continues to aggressively build out its portfolio of Black-owned spirit brands with the addition of three new companies: New England Sweetwater Farm & Distillery, Acquired Taste Cognac, and Rally Gin.
As the headwinds plaguing the food and beverage industry continue to ease, global market intelligence agency Mintel is tracking the major trends expected to drive growth in 2024, including transparency over ultra-processed foods, the redefining of healthy aging and the utilization of technological advancements to improve convenience.
Red Tree Beverages, Coca-Cola’s “firewalled, wholly owned” subsidiary to explore beverage-alcohol, has no intention of getting into the distribution business, Red Tree president Jenny Dowdy said yesterday during Beer Marketer’s Insights fall seminar.
Gen Z is pushing alcohol abstention to new record lows, according to a new report from NIQ. But that doesn’t mean the youngest legal-age generation isn’t drinking— they’re just doing it differently, and in an era when there are more BevAlc (and replacement) options than ever.
Chris Hunter, the co-founder and CEO of plant-based beverage brand Koia, spoke about the importance of setting goals both in his personal life and in business, lessons from an aggressive retail strategy early into the brand’s development, why self-manufacturing is the key to profitability and the company’s future, and how to optimize the roles of celebrity partners.
In this latest round of distribution news, we check in with Gay Water, plus Inspiro Tequila, hard water “cocktail” Bluebird, Nosotros agave spirits and Wahaka Mezcal.
CPG consultant and BevNET contributor Joshua Schall unpacked his insights and takeaways from Supply Side West, including why Cognazin may have broken out from the pack of brain-boosting ingredients, why fighting against caffeine is likely a losing battle and what's in the future for sweeteners.
How do you hold someone’s interest after an initial interaction? What motivates them to stay connected with you and your company? Three weeks before BevNET’s winter events kick off in Marina Del Rey, the hosts discussed ways that entrepreneurs can optimize meetings with investors and retailers and how to amplify their message to the industry at large.
Pennsylvania’s liquor laws are some of the most restrictive in the country, making state-controlled liquor stores an unlikely venue for consumers to discover out-of-state small or craft distilleries.
In a significant win for the burgeoning hemp THC-infused product industry, the New York Supreme Court ordered yesterday a preliminary injunction against the emergency measures that abruptly halted the sale of THC-infused products in August.
