Strategics Grapple With COVID-19 Impact
As the effects of the global COVID-19 pandemic continue to ripple across all facets of economic and social life, even the most reliable of blue-chip beverage corporations are having to adapt to new realities.
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![New Age Beverages: Company Will Review Brand Portfolio In Strategy Shift [Updated]](https://dg6qn11ynnp6a.cloudfront.net/wp-content/uploads/2019/05/13163647/NewAge_970-150x150.jpg)
New Age Beverages: Company Will Review Brand Portfolio In Strategy Shift [Updated]
Facing declining revenue, New Age Beverages will divest its portfolio of beverage brands -- including Aspen Pure, Bucha, Coco Libre, Marley, and Xing Tea -- the company announced this week during its Q4 and full year 2019 earnings report.
New Products Gallery: CBD, Protein Among Mid-March Highlights
In this gallery, we highlight some of the notable new products, line extensions and package redesigns from around the beverage world, including new CBD-infused drinks from Day One and Vita Coco, an expansion of packaging options from Perfect Hydration and JUST Water and releases from two protein-focused brands, Iconic Protein and Vital Proteins.
Lance Collins Launches Sustainable Beverage Brand ZEN WTR
Veteran beverage entrepreneur Lance Collins announced this month his latest venture -- ZEN WTR -- a bottled water brand he hopes will help clean the world’s oceans by using recycled packaging. ZEN WTR is a line of 9.5 pH alkaline waters packaged in recycled rPET bottles sourced from “ocean plastic” salvaged from the coast of Thailand.
Taste Radio Ep. 205: Why A Future Of ‘Real Food For Everyone’ May Not Be Far Away
Kimbal Musk, co-founder & chairman of The Kitchen Restaurant Group, Big Green and Square Roots, spoke how his urban farming venture, a food literacy project for children and a restaurant chain focused on accessible, healthy meals are contributing to his mission of ‘real food for everyone’ and the advancement of the food system.
US House Passes Coronavirus Relief Bill; Senate Expected to Take Up Legislation This Week
An aid package that includes help for employees of small businesses is making its way through Congress as the coronavirus pandemic known as COVID-19 spreads across the U.S.
Spirits Feature: Titans Expand Reach By Investing in Upstart Brands
Big spirits players like Diageo, Pernod Ricard and Stoli are expanding their portfolios by investing in small, entrepreneurial brands, to boost not only their bottom lines but their ability to connect with changing consumer preferences.
Expo West Cancelled, New Hope to Focus on Fall Show
In an email to attendees late this afternoon, Natural Products Expo West producer New Hope announced it would cancel the natural products trade show in favor of focusing on its next large show, Expo East.
Celsius: U.S. Sales Up More Than 50% For Full Year
Fitness energy drink maker Celsius Holdings, Inc. saw a 43% increase in global revenue to $75.1 million last year, up from $52.6 million in 2018, according to its fourth quarter and full year 2019 earnings report released yesterday. In the U.S., sales rose 53% to $60 million and gross profit increased 49% to $31.3 million.
Taste Radio Insider Ep. 76: Why ‘Wood Fires’ Are The Key To Long-Term Trends
Mark Alexander, CEO of fast-growing skyr brand Icelandic Provisions, discussed lessons and takeaways from his nearly 30 year career at the Campbell Soup Company, the steepest part of the learning curve in leading an entrepreneurial brand, how Icelandic Provisions assesses trendy concepts and ingredients and how it navigates consumer demand for premium and affordable offerings.
Iconic Protein Innovations Target Opportunities in Coffee, Kids
Having established a solid foundation for the brand with its core ready-to-drink shake line, ICONIC Protein is preparing to unveil a range of long-gestated innovations this year that highlight a shift towards caffeine-added, zero-sugar products.
Elevator Talk Livestream Round 2: Humm Kombucha, Malk Organics, Harmless Harvest
We're back for another 90 minute livestream today, March 12th. The second round of 30 food and beverage brands includes Humm Kombucha, HIPPEAS, Malk Organics, Belgian Boys, Harmless Harvest and Wildbrine. Watch their founders and CEOs jump into the livestream and provide a brief recap of recent Expo West news and updates.
Icelandic Glacial Targets On-Premise Growth with Sustainability Play
Premium bottled water maker Icelandic Glacial announced this month it is implementing new sustainability initiatives and expanding its product offerings to fuel its omnichannel expansion plans. The push towards sustainability comes eight months after the brand secured $66 million in new financing, including a $35 million investment from BlackRock’s US Private Credit team.
Spirits Gallery: Late Winter Whiskey, Gin and Rum Releases
In this gallery, we highlight a handful of notable recent whiskey, gin and rum releases, including an elegant Master's Reserve small batch release from Johnnie Walker, a new look for No. 3 London Dry Gin and the 2020 edition of Woodford Reserve's annual Kentucky Derby edition bottle.