Nick Taranto, the co-founder of pioneering meal kid company Plated and beer alternative brand HOP WTR, spoke about why storytelling is the key to any successful company, how his experience in the Marines and at Harvard Business School influenced his perspective as an entrepreneur and why he’s bullish on Bitcoin and sober-curious lifestyles.
The CPG venture fund once known as Accel Foods has combined forces with two other firms to launch a publicly traded “blank check” company to target more consumer brands. Together with Scharf Brothers and Mistral Equity Partners, AF Acquisitions will initially offer 20 million shares at $10 each in an attempt to raise up to $200 million for its initial public offering.
For new CEO Kim Allardyce, the end result of the trademark dispute over the term "fire cider" has put Shire City in a position to ultimately grow and evolve beyond its previous identity, which kicked off last spring with a complete brand overhaul.
In a move that surely marks the end of oat milk’s time outside the mainstream, Swedish brand Oatly announced today that it will be added to the new spring menu at Starbucks Coffee locations nationwide starting tomorrow.
Alkaline spring water company Flow has named former Nestlé Waters head Maurizio Patarnello as CEO to oversee the brand’s global expansion. Patarnello joins Flow after more than 27 years with the Swiss conglomerate, most recently as CEO and chairman of Nestlé Waters where he oversaw brands including Nestlé Pure Life, Perrier, San Pellegrino, Poland Spring and Acqua Panna.
As seen here, February's new releases included line extensions in nearly every conceivable category, from sparkling water to energy to plant-based milks and creamers, plus rebrands, reformulations and more from the likes of Topo Chico, Simply, BODYARMOR, Intelligentsia Coffee and Harmless Harvest.
Starr and L.A. Edwards, the co-founders of vegan dip brand Bitchin’ Sauce, spoke about how consumers respond to the brand’s quirky name and why they’ll never change the primary elements of its packaging, how they landed a deal with Costco early into the brand’s development and why they believe that owning a production facility has given them an advantage when working with retailers.
Monster Energy continued to push the throttle in the accelerating energy category, reporting a 17.6% increase in net sales during Q4 2020.
In the face of the global pandemic, Keurig Dr Pepper (KDP) reported strong results in its Q4 and full year earnings report today, driven by increases in at-home consumption and ecommerce sales. Net sales increased 6.4% to $3.12 billion in the fourth quarter and 4.5% to $11.62 billion for the full year.
It may not be ready to pour the drinks, but PepsiCo is at least stepping behind the bar. The company is taking another step in its evolution as an omni-channel food and beverage giant with the launch of Neon Zebra, it’s first ever cocktail mixer.
Las Vegas-based cold brew maker Lucky Jack Coffee has launched a canned line of Nitro Cold Brew Lattes made with oat milk, the brand’s first shelf stable innovation targeted at expanding its presence in the convenience channel. The lattes are available in Caramel, Golden Milk + Turmeric, Mocha and Vanilla varieties and each 7.5 oz. can contains 130mg of caffeine.
The San Francisco-based company is now available in over 5,000 retail locations nationwide, having recently added three Whole Foods regions (bringing it to six in total), as well as bringing on Natural Grocers, Vitamin Cottage, its first Walmart division (Southeast Coast) and Albertson’s/Safeway (Southern and Mid-Atlantic Divisions)
Watch founders and CEOs introduce their brands and provide a recap of recent news and updates. This week's special co-host is actor, investor and entrepreneur Patrick Schwarzenegger, who will share his thoughts, questions and feedback with the participants. He is joined by Ray Latif, the Editor and Producer of the Taste Radio podcast.
Plant-based dairy alternative products maker Oatly submitted plans for an initial public offering (IPO) to U.S. regulators, the company confirmed today. The announcement follows reports last month that the Sweden-based company was exploring a potential $1 billion IPO. Oatly is reported by Reuters to have hired Morgan Stanley, JPMorgan and Credit Suisse as underwriters on the offering.
