Olipop has been clear about its mission to convert traditional soda drinkers to its low-calorie, functional soft drinks, an effort that now extends to foodservice through a new partnership with sweetgreen.
NextFoods, the maker of functional food and beverage brand GoodBelly, is merging the business with tart cherry juice producer Cheribundi. As part of the deal, announced today, NextFoods will remain as the majority shareholder of the combined entity, which will operate under the GoodBelly name. Venture capital firm Emil Capital Partners (ECP) is the company’s largest investor.
The Coca-Cola Company has teamed up with model and Next in Fashion judge Gigi Hadid to start what it has dubbed a dinner table renaissance through its new campaign, “A Recipe For Magic.”
With a martini resurgence sweeping cocktail bars, Grey Goose is getting in on the action with a ready-to-pour Classic Martini Cocktail bottle launching nationwide today.
Jennifer Lopez is the latest high-profile name to jump into the rising ready-to-drink cocktail category with the launch of The House of Delola, a new Beam Suntory-backed brand of spirit-based, pre-mixed drinks which is set to debut this spring with its first product, Delola Spritz.
Mark Olivieri, the CEO of OWYN, a brand of plant-based protein and nutrition beverages projected to generate $85 million in 2023 revenue, discussed the role that data has played in its development and trajectory, how the company sources and implements a variety of information and insights into its business strategy and what he attributes to success at driving repeat purchase.
In 2017, the Confederated Tribes of the Chehalis Reservation, comprised of around 900 members living on over 4,400 acres in southwest Washington, decided to construct a community-owned restaurant, brewery and distillery. There was just one problem: distilling on tribal lands was illegal.
Caffeinated sparkling water brand Phocus has a new look and a new celebrity partner in rapper Jack Harlow, the company announced on social media this weekend. In an Instagram post, Harlow showed off a picture of the brand’s new minimalist can design.
Community Call is a recurring series of open meetings dedicated to pressing topics impacting food and beverage businesses. This month, we welcome a range of guests covering topics such as sustainability measures that support profitability, finding the right co-manufacturer, building and maintaining retailer relationships that support innovation goals, retail activation strategies, and more.
While flower is still king, the infused cannabis edible market in the U.S. is projected to grow at a CAGR of 17% to reach over $3 billion by 2027. That opportunity helped attract former executive chef and Maine native Zack Squier to the emerging space with Squier's Specialty Edibles, his line of premium, 100mg THC-infused multi-serve elixirs.
Despite rising inflation and a grim economic forecast, CPGs can still access growth capital thanks to a “much broader toolkit” of alternative M&A options, explained analysts from Bain & Company during a webinar this week.
This week’s new products roundup, GURU and CELSIUS release fruit-flavored energy drinks, G FUEL teams up with video game publisher Ubisoft to launch a unicorn-inspired flavor and Honeydrop unveils a new line of wellness shots.
Reed’s, Inc. ended FY 2022 on an optimistic note, announcing a 7% increase in full year net sales to $53 million and a reduction in operating losses. Speaking on the company’s quarterly earnings call earlier this week, CEO Norman Snyder reiterated guidance that the company will achieve break-even cash flow in the second half of the year with gross margins above 30% and double-digit sales growth.
This week, the hosts discussed the relevance and sustainability of consumer trends and how to identify fads versus enduring concepts, extolled the virtues of Taste Radio VIP and highlighted two upcoming can’t-miss industry events. This episode also features an interview with Honest Tea/Eat The Change co-founder Seth Goldman, who discussed lessons learned from 25 years as an entrepreneur.
