In this week’s roundup of new product launches, Coca-Cola rolls out a limited-edition “imagination-flavored” soda, Chamberlain Coffee adds two new flavored matcha powders to its portfolio and several brands kick off the fall season early with pumpkin-flavored creamers.
Keeping up with consumer trends, twin brothers and business partners Don and William Ray shifted service at the nightclub and bars they owned in Fayetteville, Arkansas, to focus on craft cocktails made by hand. However, the cavernous rooms and massive bars were built to accommodate far more people than a typical intimate cocktail lounge, overwhelming bartenders and slowing down service time.
Mustard-based donuts, beer-infused sneakers, cheese cocktails… No, this episode isn’t about trying to gross you out. Rather, the hosts discuss recent marketing campaigns, collaborations and limited-edition merchandise involving legacy and small brands. This episode also features Dr. Emma Walker, the master blender for Johnnie Walker, answering a ten-pack of questions about her trailblazing role and the future of the iconic Scotch whisky brand.
SunOpta reported one of its strongest quarters in company history, posting a record $145.9 million in revenue on the back of a record 31% growth in plant-based food and beverage.
Eat the Change, the healthy snack brand founded by Seth Goldman has raised $14.5 million in new funding to support its expansion into the ready-to-drink tea category. In June, Goldman announced plans to launch a new organic bottled tea line called Just Ice Tea under the Eat the Change platform after The Coca-Cola Company said it will discontinue Honest Tea.
Barrel Labs, the newly formed parent company of DTC customizable beverage brand ELIQS, announced on Wednesday it has closed a $5.7 million seed round that will support its expansion into three business platforms intended to help it become a “customization platform for the entire beverage industry.”
Net sales of Vita Coco's coconut waters were up 21% during the quarter and have increased 19% over the first half of 2022, co-founder and executive chairman Mike Kirban said during a conference call this morning, outpacing the category (+12%).
Despite some relief for consumers in other economic sectors, food and beverage prices continued to increase in July, up 1.2% month-over-month, according to a new inflation report by market research firm IRI.
Heather Terry, the founder and CEO of ambitious platform brand GoodSam Foods and the co-founder of trailblazing chocolate company NibMor, spoke about why acknowledging a lack of business acumen is important for early-stage founders, why adhering to brand mission is paramount to an operational strategy and how GoodSam aligns with consumers and retailers that embrace its vision.
Haus, a California-based maker of low-ABV aperitifs, is winding down its business and seeking a buyer after the lead investor in its Series A round dropped out during the closing process, leaving the company without the necessary cash on hand to continue operations.
In April, Nespresso announced it was now a B Corp certified company creating a backlash among other B Corps who say the B Lab's assessment process is "in serious need of repair" and the seal is being used to "greenwash" some companies.
Spirits company The CoreBev Group has partnered with cold brew coffee brand RISE Brewing Co. for its latest canned cocktail launch, Moonlight Barista. Made with CoreBev’s Cylinder Vodka and RISE coffee, Moonlight Barista (15.5% ABV) is a nitro espresso martini available in 6.8 oz. cans.
At-home drinking is here to stay, according to a new report from IRI Beverage Alcohol Research. With inflation concerns and on-premise challenges, consumers are opting to indulge at home – and these conditions are impacting growth opportunities, putting a premium on innovation and affecting everything from e-commerce strategy to packaging and premiumization.
RISE Brewing Co. believes it still has a legal path forward after an appeals court ruled in favor of PepsiCo last month in a trademark lawsuit over the name of the MTN Dew Rise Energy line, but the startup coffee brand now faces a stronger challenge.
