BlueTriton Brands Names Sabra Dipping Chief Joey Bergstein as CEO
BlueTriton Brands has named Joey Bergstein as its next CEO, effective November 28. Bergstein assumes the role from interim CEO Dean Metropoulos.
Headlines
Relocalize Tests Hyper-local Copacking Model With Premium Packaged Ice
Montreal-based manufacturing and tech company Relocalize has the capacity to operate over 100 fully autonomous micro-manufacturing facilities within the next three years, said co-founder and CEO D. Wayne McIntyre.
CGA: On-Premise Spirits Volume -3.3% As Prices Climb, Visits Fall
Rising prices and a slight dip in guest traffic have contributed to falling spirits sales in the on-premise channel over the last year, according to a new report from market research firm NIQ’s on-premise data arm CGA.
Dirty Hands Acquires Sales Consultancy Firm Burgess Strategic Advisors
Dirty Hands is expanding its range of client services in brokerage, merchandising and sales support with the acquisition of CPG sales consultancy firm Burgess Strategic Advisors.
Bev Alc Data: RTDs Rise in Value, Consumption Frequency, On-Premise
Volume growth within the U.S. alcoholic RTD market has moderated since last year, but the category rose rapidly by value and is expected to continue to grow from $18.2 billion to $21.1 billion by 2027, according to a new report from IWSR Drinks Market Analysis.
Taste Radio: From Apples To Ayrloom, How A Cannabis Boom Is Changing CPG
Why is a century-old apple orchard and cider company betting big on the future of cannabis? Eddie Brennan, the fifth-generation owner of New York-based Beak & Skiff, discussed its foray into the cultivation of cannabis and production of THC drinks. Also in this episode: the hosts’ take on a new line of zero-sugar juice and what Travis Kelce, Michael Bublé and Matthew McConaughey now have in common.
Monster: Potential for Bang Only Slightly Clearer After Q3 Earnings
Those looking for more clarity on Monster Energy’s plans for Bang during the company’s Q3 earnings call yesterday got only a small taste of how the business is approaching its new acquisition.
This Week’s New Products: Dwanta’s Holiday Punch, Plus Tribucha, Poppi and Red Bull
In this week’s new products roundup, Tribucha Kombucha rocks out with Greta Van Fleet, G.O.A.T. Fuel launches two new exclusive flavors with The Vitamin Shoppe and ZOA, Poppi, Red Bull and Milk Bar unveil festive seasonal offerings.
Monster: Growth Remains Strong, But Bang Expenses Impact Earnings
Monster Energy’s acquisition of Bang, including the purchase of existing inventory, led to a small drag on gross profit during Q3 2023, according to the company’s latest earnings report today.
The Science of Spilt, New Alchemy’s $5 Gourmet Milk Punch Cocktail
Milk punch cocktails have made a resurgence at upscale cocktail bars lately, but recreating the milk-wash technique at scale for a ready-to-drink product is no easy task.
Dirty Shirley Eyes The Call Brand Opportunity With New Territory, Flavors
Ready-to-drink cocktail Dirty Shirley is moving into several new states and has launched two new flavors, the company announced today, setting the stage for the brand to move a budding cocktail call into the canned world.
Brain-Boosting Brand Evermind Raises $1.3M, Launches Online Sales
After closing a $1.3 million funding round, functional beverage startup Evermind is thinking big as it launches online direct-to-consumer sales. Based in Pennsylvania, Evermind produces a line of plant-based “cognitive elixirs” intended to support brain function and mental energy.
Data: Non-Alc Beverage Sales Decelerate Due to Softer Pricing
Non-alcoholic beverage sales remain healthy but decelerated sequentially in the two-week period ending October 21 primarily reflecting softer pricing, according to the most recent analysis of NielsenIQ data by Godman Sachs Equity Research.
BevNET & NOSH Community Calls This November: Data Backed Ideas, Nailing the Right Price, Secrets of a Successful Private Label Business
Get ready for our November Community Calls! This month, hear how to market regenerative agriculture to consumers, protect gross margin in the long term, troubleshoot and brainstorm velocity, and find out what kind of innovation gets a buyer's attention.