Last summer, CPG industry veteran Dan Stangler was named CEO of Brew Dr Kombucha, passed the mantle from Matt Thomas, who founded the company in 2003. Now, a little more than a year later, Stangler said the brand’s fundamentals are in order and he’s ready to drive national expansion.
New York-based coconut water brand Once Upon a Coconut splashed into retail through a new partnership with Big Geyser, the brand announced last week.
Flow Beverage announced a reversal of fortune in its Q3 2022 earnings reporting a consolidated net revenue of CAN$12.7 million in Q3, a 79% improvement from the Q2 and 36% higher than Q3 2021.
In this week’s roundup of new products, CLEAN Cause takes inspiration from National Recovery Month, REDCON1 splashes into the energy drink set and Health-Ade gives consumers a glow up with its new kombuchas.
Co-founder Vanessa Dew has been named interim CEO of Health-Ade Kombucha, following the departure of chief executive Jack Belsito earlier this summer, the company has confirmed. Co-founder and Chief Mission Officer Daina Trout told BevNET this week that Dew is stepping into the position after Belsito chose to move on from the brand after spending about a year as its CEO.
A tentative deal between the remaining two railroad worker unions and the rail carriers has been reached. Early Thursday morning, U.S. Department of Labor Secretary Marty Walsh tweeted that ”a tentative agreement that balances the needs of workers, businesses, and our nation’s economy” had been agreed upon by the rail companies and union negotiators.
Quebec-based energy drink brand GURU Organic Energy Corp. reported quarterly net revenue of CAD$7.7 million, down 3.75% from CAD$8 million in 2021, in its fiscal year Q3 earnings report yesterday.
As consumers continue to cut their alcohol intake and embrace zero proof alternatives, startup retailer Sèchey is working to ensure that shoppers looking for non-alc beer, wine and spirits don’t get hung out to dry. Founded in 2021 by CEO Emily Heintz, Sèchey (French for ‘dry’) is a South Carolina-based retailer specializing in non-alcoholic beverage alternatives.
Fever-Tree expands its reach in the U.S. by widening its portfolio of non-carbonated beverages with the acquisition of craft mixer maker Powell and Mahoney.
Nestlé's U.S. R&D Accelerator has partnered with animal-free dairy company Perfect Day to launch an alternative dairy "novel product" that will pilot in the U.S. market later this year.
Chitra Agrawal, the founder and CEO of Brooklyn Delhi, a brand of Indian-inspired pantry staples crafted for modern kitchens, spoke about why consumer education requires patience, how she leveraged the brand’s strengths to win over Whole Foods and why profitability has always been top of mind. She also explained how she created favorable contracts with co-manufacturers and how an omni-channel sales strategy has benefited the company.
Nutritional sports supplement maker Ladder announced Los Angeles Rams linebacker Bobby Wagner as the latest professional athlete to join the company as a brand ambassador and spokesperson.
As it navigates the Chapter 11 bankruptcy process, Utah-based direct selling company NewAge, Inc. announced last week it has entered a definitive agreement to sell its DSD distribution business to Colorado-based Legacy Distribution Group.
Ryan Williams, the former VP of Finance and Ops at RISE Brewing Co., has created a tool called the Food and Beverage Investor Database (FABID) which aims to help new entrepreneurs in the food and beverage industry navigate the complicated world of fundraising.
