Smári Founder Announces Upcycled Barley Milk Brand Bygg
After closing the book on his last food and beverage venture Smári Organics, Smári Ásmundsson’s new brand has the Icelandic-born, California-based entrepreneur thinking Bygg.
Headlines
PepsiCo Raises Year-End Guidance in Strong Q3 Report
PepsiCo raised its 2022 full-year organic revenue guidance to +12% in its Q3 earnings report this week, citing a strong quarterly performance bolstered by North American market share increases in snacks and sports drinks. The New York-based conglomerate surpassed analyst expectations in its quarterly report, announcing Q3 net revenue growth of 8.8% to $21.97 billion.
KDP: Roger Johnson to Lead New Supply Chain Team
Keurig Dr Pepper (KDP) is recalibrating its supply chain management strategy with the promotion of Roger Johnson as its new chief supply chain officer.
Expo East 2022: Swoon Finds Sweet Spot in Zero-Sugar
Speaking with BevNET at Expo East 2022 in September, Ross explained how the brand’s approach toward the market has informed its product innovation strategy, making gains with Gen Z through its recent collaboration with Chamberlain Coffee, and growing the brand in mainstream vs. natural channels.
Bang Announces Kathy Cole As New COO
Bang Energy has named food and beverage industry veteran Kathy Cole as its new COO, responsible for overseeing the “integration of a new high-performance operations model,” according to the company. She will report to Bang founder and CEO Jack Owoc.
Hard Juice Maker Pulp Culture Launches Protein-Rich, Functional BUILD
With the California-based hard juice brand’s latest flavor – the protein-rich BUILD – Pulp Culture is continuing to push forward its mission of creating a better-for-you alcoholic drink.
Expo East 2022: TOST CEO Brooks Addington Talks Non-Alc Trends, New Cans
TOST CEO Brooks Addington discussed how rising interest in non-alcoholic alternatives is fueling interest in his brands's sparkling drinks, and shared the company's plans to launch in cans.
Taste Radio: How ‘Super’ Successful Founders Ask For Advice, Build Value And Gain Trust
Super Coffee co-founders Jim, Jake and Jordan DeCicco spoke about how shifting headwinds have influenced recent business decisions, the impact of Covid on innovation and what they learned from being on the front lines of distribution and merchandising since the outset of the pandemic. They also explained the value of being “the world’s foremost experts on Super Coffee” and how they communicate exit planning to their team.
Sanzo Commemorates ‘Linsanity’ Anniversary with Jeremy Lin LTO Launch
Asian-inspired sparkling water brand Sanzo has partnered with former NBA star Jeremy Lin for a new LTO flavor launch – Asian Pear – which is rolling out in retail and online this month. The launch is timed to celebrate the 10 year anniversary of “Linsanity."
VPX Files for Chapter 11 Bankruptcy Protection
Vital Pharmaceuticals (VPX), the maker of Bang Energy, has filed for Chapter 11 bankruptcy protection. Business operations will continue, the Florida-based company said in a press release Monday, as it moves ahead with efforts to rebuild the Bang distribution network.
Proper Wild Partners With Barstool Sports to Fuel Retail Expansion
The natural energy shot brand has landed digital media powerhouse Barstool Sports as its new marketing partner.
NACS 2022: PepsiCo Showcases Zero Sugar, Energy Innovations; Jason Derulo Invests in TREO
PepsiCo’s mission to become a “Faster, Stronger and Better” company has colored its innovation slate for 2023; Pop star Jason Derulo has taken an equity stake in birch water brand TREO; Innovations in energy drinks may have played the starring role at this year’s show, but iced tea was not far behind.
As Seltzer Brands Flex Into Spirit RTDs, Are Consumers Ready to Trade Up?
As hard seltzer slows and spirit-based RTDs accelerate, brands like White Claw, Topo Chico and Truly are eager to help consumers cross over.
Logan Paul’s PRIME Hydration Looks to Powders, Energy & International Expansion
Having establishing itself as the sixth largest sports drink brand in the U.S. after less than a year on the market, Logan Paul's PRIME Hydration is now setting its sights on international growth and expanding its platform with powders and energy drinks.