With the summer months approaching the ready-to-drink cocktail category expanded with a range of better-for-you options from hard Yerba Mate to the relaunch of VOCO’s vodka-based coconut water. Check out the gallery for the latest canned cocktail releases and new brand debuts.
After a decade spent building their portfolios by aggressively acquiring or investing in small, innovative beverage brands, the heady days for strategics may be ending. That’s according to a new report released this month by Rabobank in which analysts unpacked the various conditions that have seen the likes of Coca-Cola, PepsiCo and others forced to adjust their investment strategies.
Ball Corporation, the world’s largest manufacturer of aluminum beverage cans, will continue to allocate inventory to customers and import cans from overseas due to short supply throughout this summer, executive vice president and chief financial officer Scott C. Morrison said yesterday during a public session of the Deutsche Bank Global Basic Materials Conference.
Coffee Project NY has been innovating on-premise in their New York City cafes for years, but it took a global pandemic to push co-founders Chi Sum Ngai and Kaleena Teoh to develop a coffee they could share with consumers beyond the city limits.
Fruit and botanical-infused sparkling water brand Aura Bora announced Tuesday the close of a $2 million seed round of funding. The San Francisco-based brand, co-founded by CEO Paul Voge and his wife Maddie, has been one of the buzziest new names in sparkling water since launching in 2020, offering five zero-calorie flavors.
As consumers “hunkered down” last year amid the pandemic, demand for new food and beverages was very much up, according to IRI’s New Products Pacesetter report examining the performance of 2020’s new product launches.
Following today’s final Boot Camp panel, it’ll be two weeks until our two day strategy extravaganza, BevNET & NOSH Virtually Live. We’ll be hosting the event online from 3-5 p.m. EST on Tuesday and Wednesday, with content followed by open networking and discussion. This one is for BevNET/NOSH Insiders only, though, so if you aren’t one yet, you should be.
Cirona Labs, a cannabinoid manufacturer and supplier for food and beverage brands, announced today that it has raised $1.5 million in an oversubscribed seed round, led by LiDestri Food & Drink, BevSource and Sweetener Supply.
British holding company Nurture Brands is launching a unique Barista Mylk, developed in partnership with coffee expert James Hoffman, as the first entry for its North American plant-based milk brand, Myracle Kitchen.
Nicholas Reichenbach, the founder and executive chairman of Flow Water, a premium brand of spring-sourced alkaline water known for its use of sustainable carton packaging, spoke about the company’s decision to go public just six years after its launch, how he’s attracted celebrities like Gwyneth Paltrow and Halle Berry to support the brand and how Flow’s marketing strategy is getting consumers to trade up.
Channeling grief from their son’s suicide in 2019, Holy Kombucha co-founders are using their platform to advocate for teen suicide prevention through a national partnership with Hope Squad.
Hard tea seltzer maker Owl’s Brew has named TV host and activist Jeannie Mai as its chief brand officer, helping guide the company’s marketing and grow awareness.
In this week's distribution roundup: CBD energy drink company, Elegance brands opens a self distribution center to serve over 1,400 San Bernardino and Los Angeles metro area retailers, Kroger now carries Jones Soda special release series, and updates from C4 Energy, TEAKOE, and more.
CG Roxane, the maker of Crystal Geyser Alpine Spring Water, is shoring up its sustainability credentials as the company prepares to open a new East Coast rPET production plant next year and launches a new integrated marketing campaign highlighting its environmental efforts.
