After putting business on pause during 2020 due to the pandemic, hemp-infused superfood beverage brand Adapt SuperWater is seeking to become a staple in professional sports team locker rooms while introducing new product innovations.
Grass-fed dairy pioneer Maple Hill said it will use this capital to support and educate its network of small family farmers on soil health improvement through its ‘Pay for Progress’ program.
Two craft spirit veterans have joined forces to acquire Goza Tequila, the company announced yesterday. The acquisition comes as high-end tequila continues to drive growth for the spirits category.
Kids food and beverage startup Plezi has brought on experienced CPG executive Leah Dunmore to lead the brand as it launches in Target this week.
A federal judge has dismissed a proposed class action lawsuit alleging that Topo Chico Margarita Hard Seltzer is deceptively labeled because it is fermented and lacks tequila.
Inspired by customers using kombucha as a cocktail mixer on social media during the pandemic, the team behind MightyBooch is launching Miixt, a first-to-market vodka kombucha RTD, this week.
PepsiCo chairman and CEO Ramon Laguarta said the majority of inflation-fueled price increases have already occurred and rising costs are expected to be covered for the remainder of the year as inflation decelerates.
Jake Bullock, the co-founder and CEO of pioneering cannabis-infused beverage company Cann, spoke about the role of community based, on-the-ground education in the brand’s ascendancy, why early-stage fundraising is about “finding the one,” the company’s scrappy strategy for getting product into celebrities’ hands and why he believes brands “need an enemy in all marketing.”
Chamberlain Coffee made its much anticipated ready-to-drink debut last week, partnering exclusively with Walmart to release its four-SKU line of canned plant-based lattes and further extend the influencer-driven coffee brand’s reach.
Happy Moose Juice has acquired Growers’ Refrigeration in a deal that both solved its own refrigerated storage issues and those of cold-chain CPG brands in the region where capacity has historically been hard to find.
Opposition surrounding the proposed merger between Kroger and Albertsons continues to mount, as the leading grocery giants are fighting legal action from their own customers.
![Coca-Cola: Global Market Improvements Support Q1 Sales Growth [Updated]](https://dg6qn11ynnp6a.cloudfront.net/wp-content/uploads/2022/07/02092500/Coke_970-150x150.jpg)
The Coca-Cola Company surpassed analyst expectations in its Q1 2023 earnings report today, announcing net sales growth of 5% to around $11 billion, with a profit of $3.1 billion. Organic revenue in the quarter increased 12%, including +11% price/mix growth and a 1% bump in concentrate sales. Global unit case volume grew by 3% while operating income fell -1%.
Most snack makers aspire to create a product that users can’t put down and, in many ways, Tempo is no different. But for the THC-infused line of crackers, that proposition is a bit more complicated.
The Coca-Cola Company has licensed its Simply and Minute Maid brands to distribute fresh grapes and citrus fruit marking the first time the beverage maker has partnered with a fresh produce company.
