This Week’s New Products: MTN DEW Game Fuel, Plus Waterdrop, Super Coffee, AVEC
In this week’s new products gallery, MTN DEW helps gamers level up with the return of a popular LTO, AVEC teams up with Yes! Apples and Dr Pepper cranks up the heat.
Headlines
Oatly Cancels Production of New Facilities Following Mixed Q3 Earnings
Amid its ongoing shift to an asset-light production model, Oatly reported net sales rose 2.5% to $187.6 million in Q3 during its earnings report today.
Black Rifle: Wholesale Growth Hits +91%, New CEO Steps In
Black Rifle Coffee Company reported revenue of $100.5 million during Q3, a 33% improvement year-over-year, as it prioritizes its wholesale and RTD sales.
Transparency and Trends in Tequila: Six Questions with Agave Influencer Lucas Assis
When pandemic lockdowns shuttered Los Angeles bars and restaurants, bartender Lucas Assis took to TikTok to share his love of cocktails and craft spirits.
“Approachable and Elevated”: Q Mixers’ Rebrand Seeks to Forge Stronger Connection With Consumers
Premium cocktail mixer brand Q Mixers is debuting a vibrant new look for the second time in its 17-year history as it looks to build a stronger connection with consumers both before and after purchase.
Guayaki: CEO Kozak Out, Board Member Rutledge In as Interim Chief
Robyn Rutledge, a member of the company's Board of Directors, was announced this morning as the company's Interim CEO, as the "comprehensive search" for a new permanent chief executive kicks off following the exit of current boss Stefan Kozak, who had been in the role since 2021.
Circana: Food and Beverage Volumes Expected to Rise in 2024
Food and beverage volume sales are expected to improve in 2024 as several of the major headwinds facing the industry are on pace to ease in the coming months, according to a new report by market research firm Circana.
Spirits Gallery: New Releases From Yola, Freeland, 1953, Bruichladdich and More
In the latest new spirits roundup, Tamworth Distilling unveils a wilderness-inspired smoked trout brandy, Heaven’s Door announces the newest addition to its Bootleg Series and Chicken Cock partners with headwear brand The Ampal Creative.
FreshDirect Acquired By Getir
Ahold Delhaize is offloading its online New York City grocery delivery business FreshDirect to Turkish startup Getir, the company announced this morning. The move comes as Ahold aims to focus investments on its omni-channel businesses, which the company described as its “biggest growth opportunity.”
Zevia: Sales, Volume Drops in Q3 But Gross Margins Improve
Unit sales and volumes for Zevia were down during Q3, with more drops expected to come as the better-for-you beverage company seeks to solve its supply chain issues.
NOOMA Prioritizes Function In Packaging Refresh
Sports and energy drink maker NOOMA has refreshed its packaging for the first time in the brand’s nearly 10 year run as it drills down on functionality and focuses brand-building in ecommerce channels.
Anytime Debuts The First Regenerative Organic Certified Spirits
Anytime, the spirits and cocktail company from two founders who cut their teeth in supply chain and sustainability for fast-growing food companies, is bringing the regenerative organic movement into the spirits industry.
BevNET Announces Nominees for ‘Best of 2023’ Awards
The nominees for BevNET’s “Best of 2023” Awards, presented by Zuckerman Honickman, showcase the diversity and profound talent within the beverage industry. These nominees stand out for their contributions, whether it's redefining established categories with innovative products, captivating consumers through compelling marketing campaigns, spearheading ethical ingredient sourcing and business practices, or crafting irresistible beverages that we just can't get enough of.
Taste Radio: Why Bloom Is Booming On TikTok And Winning At Target & Walmart
Mari Llewellyn and Greg LaVecchia, the co-founders of wellness brand Bloom Nutrition, spoke about why it's important to “let the creators create” on social media, how they measure the return on investment on social platforms, why hiring young talent has been key to success on TikTok and how they’ve supported Bloom’s relationships with Target and Walmart.