Headlines

Coke CMO Melanie Boulden Moves to Tyson Foods

Coca-Cola’s North America CMO Melanie Boulden is departing the Atlanta-based conglomerate for a new role at Tyson Foods where she will serve as EVP, Chief Growth Officer. In a press release, Tyson stated Boulden will assume the newly created role on February 6.

Nielsen: CPG Inflation Stabilizing, Private Label Sales +13% YOY

As continued inflationary headwinds and supply chain disruptions lead to ever-evolving consumer purchasing behaviors, emerging CPG brands are left to address the market by embracing convenience and understanding how shoppers are moving more fluidly across retail channels.

Report: Craft Spirits Reach $7.5 Billion in U.S. Sales

American craft spirits are recovering from the pandemic’s downturn, according to new data from the Craft Spirits Data Project. Compiled by the American Craft Spirits Association (ACSA) and Parks Street, the annual report released this week shows that craft distillers are growing in number of distilleries and in sales.

KDP to Invest $863M in C4, Enters Long-Term Distribution Pact

Keurig Dr Pepper (KDP) has entered a strategic partnership with C4 Energy producer Nutrabolt and will invest $863 million for a 30% ownership stake in the brand, along with distribution rights, the company announced today.

Report: FDA’s Human Foods Program Lacks Vision, Leadership

A Reagan-Udall Foundation report released Tuesday said that the FDA’s Human Foods Program “requires adequate resources, sufficient authority, and a structure and culture that breeds success” to accomplish its goal of creating a safer food system.

Emmi Group Merging Specialty Dairy Businesses Into Darey Brands

Swiss-based Emmi Group is consolidating its Redwood Hill Farm and Jackson-Mitchell dairy producers under a new subsidiary called Darey Brands, formalizes the partnership that the two companies have had in place for the last five years.

SANS Emerges Victorious From New Beverage Showdown 24

SANS emerged victorious from BevNET’s New Beverage Showdown 24 today, joining a cohort of well-known beverage brands such as Health-Ade and Rise Brewing Co. who have claimed victory in the bi-annual pitch competition.

Taste Radio: When You Live The Vision, A Massive Opportunity Emerges. The Founder Of Lyre’s Can Attest.

Mark Livings, co-founder and CEO of leading non-alcoholic spirits brand Lyre's, spoke about the brand’s position as a “first scaler” within a fast-growing category and how the company has prioritized market share and rapid growth. He also discussed the development of its portfolio and product road map, Lyre’s thoughtful communication strategy and how his management style supports Lyre’s torrid trajectory.

MALK Raises $9M To Support Retail Growth

Alternative dairy brand MALK announced the close of a $9 million Series B round today to support the brand’s recent shift into national distribution.

Six Finalists Advance in New Beverage Showdown 24

Six beverage startups emerged from a group of 12 contestants to secure a spot in tomorrow’s final round of New Beverage Showdown 24, at BevNET Live Winter 2022, sponsored by Coca Cola’s Venturing and Emerging Brands Unit (VEB).