Distribution: Swoon Lands in Publix Across the Southeast; Bang Energy Hops the Pond
New York-based zero sugar iced tea and lemonade maker Swoon has landed its full beverage lineup in Publix stores across the Southeast, the brand announced last week.
Headlines
Flow: Virginia Facility Sale Sets Company on “Path to Profitability”
Flow Beverage Corp. CEO Nicholas Reichenbach said this week’s sale of the company’s Verona, Virginia production facility to sports drink maker BioSteel is primed to create a “path to profitability” for the Canadian alkaline water company.
Keurig Dr Pepper CEO Ozan Dokmecioglu Resigns Following Conduct Violations, Gamgort Returns
Keurig Dr Pepper (KDP) CEO Ozan Dokmecioglu has resigned as the company’s chief executive and as a member of the board of directors due to “violations of the Company’s Code of Conduct,” the company announced on Thursday morning.
BevNET Announces Nominees for ‘Best of 2022’ Awards
Each year, BevNET’s “Best Of” Awards are presented to honor the most influential and impactful companies, brands, people, products, ideas and trends from across the beverage industry landscape.
American Aperitif Makers Seek Opportunity in Emerging Low-Alc Space
Non-alcoholic beverages and spirits are evolving into a fast-moving segment, but are low-alcohol spirits and wines following the same trajectory? New producers of naturally low-ABV aperitifs and amaros are hoping the category’s progression will create a niche for them.
Keurig Dr Pepper Invests $50 Million in Athletic Brewing Company, Takes Minority Stake in Non-Alc Beer Maker
Non-alcoholic beer maker Athletic Brewing Company has received a $50 million investment from Keurig Dr Pepper (KDP) that will make the publicly-traded CPG giant a minority equity stakeholder in the business.
Flow Beverage Corp. Sells Virginia Production Facility to BioSteel
Alkaline water company Flow Beverage Corp. has announced a definitive agreement to sell its Verona, Virginia production facility to sports drink maker BioSteel in a deal valued at $19.5 million.
HighTide Cannabis Margaritas Set to Launch in Massachusetts
Backed by an experienced team of beverage operators, Massachusetts-based startup HighTide is aiming to capture a very specific title: the country’s number one cannabis-infused, non-alcoholic, ready-to-drink margarita brand.
Upcycled Ingredient Makers Eye Brewer’s Spent Grains
Brewer's spent grain has often seemed like a perfect fit for upcycled food companies but the challenges to getting widespread adoption by breweries goes beyond supply and demand.
COP27: Climate Change Fight Turns Focus To Food
Transitioning to regenerative agriculture, utilizing upcycled food streams, adopting plant-based lifestyles and, of course, reducing carbon footprints, are set to play key roles in current global conversations around climate change.
Taste Radio: Business IS Personal. And It’s How Sahra Nguyen Is Reshaping An Industry.
Nguyen Coffee Supply founder and CEO Sahra Nguyen explained how the company’s approach to storytelling via flavor and personal narrative is shifting the perception of Vietnamese coffee, why incorporating her background and beliefs into brand communication is both challenging and highly effective, and the one word that drives the company’s innovation strategy.
Marketing: Monster Energy Inks Deal With New York Rangers; Leisuretown Partners With Comedian Chelsea Handler
California-based energy drink giant Monster has inked a marketing deal with the New York Rangers and Madison Square Garden, the brand announced in a press release. As part of the integrated marketing partnership, the indoor arena will feature a co-branded grab-and-go concession stand dubbed the “Monster Energy Bodega.”
Tilray to Acquire Montauk Brewing
Global cannabis firm Tilray is adding an East Coast craft brewery to its growing brewery portfolio, with the acquisition of Montauk Brewing Company. Financial terms of the transaction were not immediately disclosed, but the deal is for 100% of the New York craft brewery.
Bang to Remove ‘Super Creatine’ From Packaging, Advertising
Bang Energy is removing the term “Super Creatine” from all packaging and advertising, after a jury ruled in September that the company and CEO Jack Owoc falsely advertised the ingredient in its products.