All channel non-alcoholic beverage sales slowed down but remained “very strong” during the period ending November 6, according to an analysis of NielsenIQ data by Goldman Sachs Equity Research. Dollar sales were up 10.8% in the two-week period, compared to 12.1% in the four-weeks. On a two-year stack basis total dollar sales grew 24%.
Dairy alternative ingredient supplier Perfect Day announced on Tuesday it has entered the sports nutrition category with the launch of two new lines of protein powders that feature the company’s animal-free whey as the star ingredient.
Watch founders and CEOs introduce their brands and provide a recap of recent news and updates. This week's special co-host is Bonnie Shah, the VP of Innovation and Marketing for beverage incubator L.A. Libations, who will share her thoughts, questions and feedback with the participants.
After a period of fits and starts, SoCal-based premium juice brand Juice Served Here (JSH) is back in limited distribution.
Plant-based food and beverage maker The Planting Hope Company announced yesterday that it has completed a $9 million IPO through the sale of 22.5 million shares (CAD $0.40 each) and will begin trading later this week on the Toronto Stock Exchange under the ticker symbol “MYLK.”
Best known as the co-founder of Canadian loose leaf tea brand DAVIDsTEA, David Segal announced today the launch of his latest project, Firebelly Tea, an ecommerce premium tea and accessories brand. Co-founded with Shopify president Harley Finkelstein, Firebelly specializes in high quality teas in sustainable packaging, made without artificial ingredients or flavors.
Beckon co-founders Gwen Burlingame and Katy Flannery explained how they aligned patented innovation with addressable opportunity to launch their fast-growing brand of lactose-free ice cream, why respect and humility were keys to a successful brand revamp and why the entrepreneurs are encouraging industry professionals to get mad when presented with a shocking statistic.
Plant-based energy drink maker Yerbae announced this month the addition of Brian Neumann as its new CMO. This is the first c-suite level position for Neumann, a former brand manager and associate director for The Kraft Heinz Company, where he oversaw national advertising campaigns for the Heinz ketchup brand.
Shares of Oatly fell by double-digits earlier today after the Swedish oat milk maker downgraded its revenue growth targets for the rest of this year.
Molson Coors has begun selling Topo Chico Hard Seltzer in the brand’s iconic 12 oz. glass bottle in seven markets, the company announced.
In this roundup, we highlight new product announcements and releases over the past fortnight, including Alani Nu's first non-energy product, a striking new non-alcoholic hemp based elixir, plus new CBD-infused releases from Rhythm and Kill Cliff.
Having posted consistent triple-digit retail growth over the past several months, energy drink brand CELSIUS reported quarterly revenue grew 157% to $94.9 million during its Q3 earnings call this week.
In this spirits news roundup: Vamonos Riendo mezcal ramps up distribution, VIDE expands reach through Southern Glazer’s network, Hecho Tequila reaches new markets through partnership with RNDC, Stoli Group unveils new eco-friendly bar model and Buzzbox displays sustainability features of its zero-waste production facility.
This week, Taste Radio’s hosts discussed one of the biggest deals in beverage history and what it might mean for future entrepreneurial drink brands, how a David rose up against a Goliath and notable products to cross our desks over the past week. This episode also features an interview with Kyle Peters, who recently made the gut-wrenching decision to shut down his high protein ice cream brand.
