Headlines

Campari Group Debuts Luxury Tequila, Mayenda

As tequila continues to rise, Campari Group has expanded its agave spirits portfolio with the launch of a new tequila, Mayenda. The brand will debut with a blanco expression available in Mexico and the U.S. this week, retailing at $70.

Cure Hydration Brings in $5.6M Series A Round, Expands to 15,000 Doors

Cure Hydration has raised $5.6 million in a Series A funding round led by Lerer Hippeau, the company announced this week. The funding arrives as the New York-based functional drink mix brand has expanded its retail presence to over 15,000 doors nationwide.

Taste Radio: A Niche $100 Million Brand? The Coconut Cult Has A Plan.

Noah Simon-Waddell and Ari Raz, the co-founder and CEO, respectively, of The Coconut Cult, explained how they have positioned the plant-based probiotic yogurt brand for scale and mainstream success while maintaining its values and vision, including the impact of meaningful and authentic social content and its direct correlation to surging and organic sales growth.

Survey: Mixed Q1 Fortunes Leave C-Store Retailers Cautiously Optimistic

Although beverage sales growth has remained steady throughout Q1 2023, convenience retailers showed some trepidation for the months ahead by lowering their annual sales growth projection to 4.6% in the latest Beverage Bytes survey from Goldman Sachs Equity Research.