C-store retailers remain generally upbeat about the beverage category even as immediate consumption habits in individual categories continue to be disrupted, according to the latest “Beverage Bytes” survey by Goldman Sachs Equity Research.
Molson Coors’ rapidly expanding beverage interests now include ready-to-drink cocktails, following the company’s announcement today of a partnership to distribute tequila-based cocktail Superbird.
To celebrate the national debut of Coca-Cola with Coffee and the new Coca-Cola with Coffee Zero Sugar, starting today, select residents of Coffee County, Georgia, will be invited to opt-in to have orders of both products delivered via drone through a partnership with Walmart and delivery service DroneUp.
Flow Alkaline Spring Water will go public this spring on the Toronto Stock Exchange (TSX) as the Toronto-based beverage company plans a reverse merger with an initial public offering (IPO) that aims to raise $50 million. The announcement comes as the six-year-old brand seeks to double its U.S. footprint over the next 18 months.
Swedish pea-based milk alternative brand Sproud has secured $6.5 million in new funding from London-based growth capital investor VGC Partners, the company announced today.
Cannabis beverages are no doubt among the most buzzed about emerging categories of recent years. But although THC-infused drinks had a market value of $313 million in 2020, they accounted for only a drop in the bucket of the overall $19 billion cannabis market. Beverages still have a long way to go and face numerous logistical challenges to overcome as brands seek to breakout within a highly regulated environment.
Throughout the past decade, crowdfunding has proven to be a vital source of startup capital for young entrepreneurs looking to get off the ground. But in a crowded marketplace where companies are constantly competing for venture financing and require millions of dollars to grow their companies, platforms like Kickstarter can’t cut it for established brands.
In this gallery, we highlight some of the notable new releases from the past month, including the debut of Cutwater Spirits' latest RTD cocktail, the launch of ultra premium tequila brand Dos Primos, a music-inspired package from Remy Martin and a new look for SelvaRey Rum designed by accliaimed singer Bruno Mars.
In this episode of Category Close-Up: Expert Analysis, we explore kombucha and probiotic beverages with experts from SPINS, Gelson's Markets, Whipstitch Capital and Aqua ViTea. For the greater part of the last decade, kombucha has been one of the great success stories in better-for-you beverages, giving health conscious consumers a powerful alternative to sodas and high-sugar drinks.
Americans are closer to seeing what a federally regulated hemp industry looks like today, after the U.S. Department of Agriculture (USDA) released its finalized regulations.
In this episode of Category Close-Up: Expert Analysis, we explore kombucha and probiotic beverages with experts from SPINS, Gelson's Markets, Whipstitch Capital and Aqua ViTea. For the greater part of the last decade, kombucha has been one of the great success stories in better-for-you beverages, giving health conscious consumers a powerful alternative to sodas and high-sugar drinks.
John Fieldly, CEO of fitness-centric energy brand Celsius, discussed the company’s turnaround from turmoil to over $100 million in sales in 2020, including the importance of setting expectations with staff and investors, how to optimize placement at key retailers and why he has an open door policy.
Citing the growing demand for immunity-boosting beverages, Remedy Organics has launched a new line of wellness shots, available online ahead of a planned retail rollout later this year. Developed by co-founder Cindy Kasindorf, the plant-based Immunity+ line is available in four flavors.
Drew and Mac Anderson, co-founders of the fast-growing fermented food platform Cleveland Kitchen, spoke about how the brand drew its inspiration from their mother and from the city of Cleveland, their experience leaning into new use occasions for sauerkraut and why it was key to growth, the impact of data on its merchandising and sales and how the brothers balance family and business.
