It’s been a busy Spring for Connecticut-based spirits company the CoreBev Group. The startup is gearing up for two launches next month including a Greek rum and a non-alcoholic ready-to-drink cocktail— in addition to buying its own distillery.
Emily Schildt, the founder and CEO of Pop Up Grocer, a specialty retailer known for its short-term locations and carefully curated selection of new and better-for-you products, spoke about its role as an “influencer retailer” and advertiser-first business model, how the company evaluates brand performance and why you might be surprised by its curation strategy.
Luxco, Inc., a subsidiary of Indiana-based whiskey giant MGP Ingredients, has acquired Penelope Bourbon for $105 million upfront, the company announced Monday. The deal also includes a maximum potential payout of $110.8 million by the end of 2025 if “certain performance targets” are achieved.
Circana’s annual State of Beverage Alcohol Industry Report surveys the top trends in beverage alcohol, but what are the market opportunities hidden within that data?
Hydration supplement Buoy has closed a $3.5 million round that brings NBA All-Star Chris Paul to the cap table as an investor and brand ambassador.
Footwear company Birdies and infused tequila 21 Seeds have teamed up to launch a “Top Shelf” sneaker collection, inspired by “empowered women who call the shots.”
Boosted by triple-digit growth from its nascent alcohol division, Monster Energy beat analysts’ predictions in reporting an 11.9% year-over-year rise in net sales in its Q1 2023 earnings report on Thursday afternoon.
From his role as former bar director at James Beard Award-winning Maison Premiere, to chief brand officer at The Liquor Cabinet, Maxwell Britten has spent over 15 years as a…
In this week’s new products roundup, Pepsi celebrates the UEFA Champions League, Little Saints makes its first foray into the non-alc spirits category and sports drink Barcode adds a tropical flavor to its lineup.
The hosts assessed the fallout from a highly publicized claim of “copycat” branding (and the accuser’s subsequent apology), recapped a raucous pitch slam and shared a firsthand account of Omson’s rhapsodic rave. They also spoke about a somewhat controversial food and sampled plenty of tasty, trendy products in the studio.
Double-digit volume growth for its flagship coconut water line propelled The Vita Coco Company’s Q1 2023 net sales +14% year-over-year to around $110 million, according to the company’s earnings report this week.
The Berlin-based cannabis lifestyle brand founder on the emerging edibles market, bringing women into the category and fighting stigmas with style.
Announces healthy kids brand is moving into Walmart after Sprouts and Walmart; developed by L.A. Libations, backed by Juggernaut.
Italian spirits group Campari reported 19.6% organic growth in its first quarter, and expects growth — fueled by aperitifs and tequilas— to hold up in the U.S., the company reported during its Q1 earnings presentation yesterday.
