In this recap of recent news and notes from the spirits industry, we highlight Bacardi's embrace of NFTs, plus examine why singer Mariah Carey is caught up in a legal dispute over her new cream liqueur brand.
As questions over safety and buyer attendance continue to linger less than a month before the event begins, media platform and event producer New Hope hosted a virtual Q&A session today to address concerns regarding its upcoming Natural Products Expo East trade show.
Uncle Matt's Organic has received authorization for 2,500 new retail doors; NERD Focus partners with Glazer's Beer & Beverage in Texas; Monaco Cocktails adds Sam's Club stores; KRISP Drinks partners with Giant Foods; Sunwink lands key natural partners and widens online presence.
Seeking to inject fresh life into its core brands, Phillips Distilling Company is making big bets on innovations like light-activated bottles and art-inspired “freezer vodka.”
Since October, Nirvana Water Sciences Corp. has aimed to disrupt the functional beverage set with a new brand built around muscle building supplement HMB. Acquiring exclusive rights to the ingredient, compiling a team of industry veterans and preparing for a nationwide expansion next year, the company is now sweetening the deal with NBA All-Star Kyle Lowry, who last week joined the company as an equity investor and member of its Ambassador Board of Directors.
Breakthru Beverage Group has tapped National Restaurant Association president and CEO Tom Bené as its next CEO, effective October 4.
As summer wraps up beverage brands launched a variety of new functional, fruit-flavored drinks while others jumped ahead to fall with limited pumpkin-themed releases. Check out the gallery below for the latest hemp-infused products from companies such as Lift, Beak & Skiff and Green Monké, new brand debuts, product reformulations and more.
Vice Ventures founder Catharine Dockery spoke about the massive opportunity for CPG categories, such as cannabis, alcohol and sexual wellness, that have traditionally been shunned by institutional investors, how her firm utilizes non-traditional data to make informed decisions, why she believes a shakeup in beverage alcohol distribution is on its way and why she spends most of her day engaging in new business pitches.
In June, plant-based food and beverage brand New Barn Organics was acquired by national egg producer NestFresh in a move that promised to allow both companies to provide a broader range of products and give the brand a new runway for growth. Nearly three months later, that promise is taking shape.
Having already innovated its way through the ready-to-drink category with everything from a classic hard seltzer to Natty Daddy Lemonade, Natural Light is looking beyond canned categories for its latest product launch. The beer maker announced this week it has launched into the spirits world with a line of lemonade-flavored Natty Vodka.
Prebiotic soda maker Poppi announced today that it has raised $13.5 million in a funding round backed by existing investor CAVU Ventures and a roster of celebrities from across the music, film and professional sports industries.
As summer begins to wrap up, spirit brands continue to grow the ready-to-drink cocktail space with new tropical concoctions from Monaco, Western Spirits and Onda, as well as innovative tequila-based beverages from Agavales and Ranch Rider Spirits. Check out the gallery for the latest releases, brand debuts, and limited edition relaunches.
Husband-and-wife duo Kaitlyn Brown and Daniel Fernandes believe the benefits of a cup of coffee go deeper than its caffeine-kick. In 2019 the pair founded Savorista, a brand dedicated to producing premium, naturally decaffeinated coffee, which now spans a product range that includes packaged coffee and single-serve individual pourover kits.
As consumers’ cravings for quality cocktails continue to grow, New York-based startup AVEC is hoping to bring a premium experience to the market with its line of better-for-you sparkling mixers.
