Non-alcoholic beverage sales remained “healthy but decelerated sequentially,” growing 8.8% in the two-week period ending May 6, according to an analysis of NielsenIQ data by Goldman Sachs Equity Research.
After watching cold-pressed juice establish a place for itself in the tastemaker markets of New York and Los Angeles, Midwest Juicery is looking to reinvigorate the category in its own backyard. Also, ShineWater and Remedy Organic expand their Northeast presence, Hella Cocktail Co. partners with Rainforest, and Mineragua enters select Whole Foods doors.
LS Cream, a liqueur inspired by Haitian drink known as cremas, has received an investment from Fearless Fund at a valuation of $10 million, the company announced today.
James Morrissey, the founder of beverage alcohol platform Global Brand Equities, discussed his vision to meet modern consumers where they live and drink via a contemporary approach to brand and promotion, how he cultivates mutually beneficial celebrity partnerships and why moving at “the speed of culture” is key to the company’s marketing strategy.
There were several factors that made ready-to-drink (RTD) canned cocktail Fishers Island Lemonade an attractive acquisition for E. & J. Gallo: premium positioning, high reorder rates, excellent taste and the founder’s pioneering vision for canned cocktails.
While consumers may not necessarily be flocking to artificial ingredients with open arms, the data shows that strong product launches from top beverage conglomerates and insurgent brands, such as sucralose-sweetened energy players PRIME and Celsius, are pushing lab-developed sweeteners ahead in certain parts of the store.
Mark Mahoney has launched numerous brands spanning a wide range of categories across a nearly 40-year career in the beverage business, but last Friday may have been his Super Bowl.
E. & J. Gallo’s High Noon Sun Sips is taking a dig at its competitors with a new activation aimed at getting consumers to swap their malt based beverages for a High Noon Tequila Seltzer.
The hosts discussed the news that Michelle Obama has joined kids’ food and beverage company PLEZi Nutrition as a co-founder and strategic partner and spoke about the potential impact of the former first lady’s influence and political connections on the brand’s development. They also highlighted the 10 brands named as part of Target’s third Takeoff Food and Beverage program.
In this week’s new products gallery, health and wellness brand BEAM teams up with SunnyD to create a limited edition Super Greens flavor, Spindrift kicks off summer early with its Peach Strawberry offering and Devil’s Foot and ISH roll out new non-alcoholic cocktail offerings.
Ready-to-drink (RTD) beverage alcohol consumption has grown 104% in the past two years, according to NIQ, but how are consumers making shopping decisions, and where are they enjoying the growing variety of flavored malt beverages, canned cocktails and seltzers?
Constellation Brands has acquired a minority stake in TÖST, an alcohol-free sparkling beverage brand, the company announced yesterday.
Celsius reported a 95% year-over-year increase in net revenue to reach $260 million during the first quarter, largely driven by strong sales velocity, cost-efficiency improvements and distribution expansion.
Factory, LLC’s name got a little more literal as the food and beverage investor and brand incubator opened up a 75,000 square foot co-manufacturing facility this year.
