NielsenIQ: Volumes Drag Down Non-Alc Beverage Sales
Growth of non-alcoholic beverage sales remains positive amid declining volumes and moderate pricing increases leading to decelerated overall sales in the two-week period ending August 27.
Growth of non-alcoholic beverage sales remains positive amid declining volumes and moderate pricing increases leading to decelerated overall sales in the two-week period ending August 27.
Nick Mindel, a partner with Amberstone, a San Francisco-based venture capital firm focused on mid-stage investments in fast-growing consumer brands, shared specific details about each of its funding deals of the past 12 months, how trends influence the way the firm evaluates investment opportunities, financial metrics that will make or break a company and why Amberstone will continue to invest in consumer brands despite widespread concerns of economic slowdown.
Desert Door, the first commercially-produced sotol in the U.S., is expanding distribution in ten states with Southern Glazer’s Wine & Spirits.
In this week’s roundup of new products, Aura Bora takes inspiration from one of the nation’s national parks, Death Wish Coffee Co. and Silk celebrate the arrival of autumn and Boba Bam debuts three new flavors.
ZOA's new limited time offering, Cherry Limeade, represents another piece of the company's digital business strategy, says CEO Michael Pengue.
Starbucks Coffee has named Laxman Narasimhan as its next CEO, replacing interim chief executive Howard Schultz effective April 1, 2023. Currently based in London, Narasimhan will relocate to Seattle for the role and will join the company full time as its “incoming CEO” on October 1 to work alongside Schultz.
With Taste Radio’s industry meetup in Austin just two weeks away, we’re excited to announce two featured interviews taking place at the event. Presented by Super Coffee and hosted at the company’s headquarters, the gathering will highlight conversations between Taste Radio host Ray Latif and Super Coffee co-founders Jimmy, Jake, and Jordan DeCicco, and Anna-Lena Kamenetzky, the founder and CEO of Touch Capital.
Seven months after the brand was acquired by King’s Hawaiian parent company Irresistible Foods Group, Shaka Tea’s founders Harrison Rice and Bella Hughes are moving on to new ventures, beginning with the launch of investment fund Roya Capital.
Gatorade is partnering with the National Football League (NFL) to launch its first energy drink, dubbed Fast Twitch, in 2023.
Organic and grass-fed dairy company Maple Hill Creamery has named current chief financial officer Jim Hau as its new President.
NewAge, Inc., the Utah-based beverage portfolio company-turned-MLM wellness business, and three of its subsidiaries have filed for Chapter 11 bankruptcy relief in Delaware. The announcement on Tuesday comes nearly three months after NewAge declared in June that it would commence a review of strategic alternatives to maximize shareholder value.
Monster Energy's jury trial against Bang Energy maker Vital Pharmaceuticals is underway, with claims around "super creatine" facing scrutiny.
Upcycled CPG companies are innovating supply chains and scaling production in order to bring costs down so the niche sustainability trend can become more widely adopted and reach a larger market.
Thanks to its eponymous CBD-infused soda, the Vancouver-based functional wellness beverage brand has emerged from the pioneering days of CBD drinks as one the category’s leading players.