WTRMLN WTR Launches Sports Line
WTRMLN WTR is cutting into the sports drink space with the launch of its WTRMLNSLCE, an enhanced watermelon water that includes electrolytes and only 2g of natural sugar without artificial sweeteners.
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Elevator Talk: PathWater is Leading a Movement to Reduce Plastic Waste in the Water Category
PathWater, which sells bottled water in reusable aluminum containers, is on a mission to reduce plastic waste in the beverage business. PathWater co-founder & CEO Shadi Bakour describes his team as dedicated, relentless and passionate in their efforts to change the way people think about buying packaged water.
Distribution Roundup: MALK Goes National With Whole Foods
Malk Organics is now available nationwide at Whole Foods, while Protein 2o makes a push into the South and KeHE lands a pair of new functional beverage brands.
Taste Radio Ep. 125: Shake Shack’s Secret to Success is Surprisingly Simple
Shake Shack COO Zach Koff explains how the restaurant chain’s surprisingly simple business philosophy led to stunning success; Zak Normandin, CEO, Dirty Lemon takes us on a deep dive inside its innovative detox-to-your-doorstep business model.
Nielsen: Beverage Sales Rise Across All Channels
Overall snack and non-alcoholic beverages sales were up 5 percent during a four-week period ending on August 11, according to a report on Nielsen all-channel data by Wells Fargo Securities.
PepsiCo Acquires SodaStream For $3.2 Billion
PepsiCo this morning announced it has entered into a $3.2 billion agreement for the purchase of Israel-based SodaStream International Ltd., makers of tabletop machines that allow users to make carbonated water in reusable bottles.
People Moves: Celsius Names Full Time CFO
Celsius has named Edwin Negron-Carballo as the company's new CFO, who told BevNET his experience in supply chain logistics and distribution can help correct inventory shortfalls that impacted the company's Q2 earnings. Also, NWNA and Kohana Coffee get new hires, while Hoist appoints an advisory team.
Ethan’s Launches MCT Shot Line
The company announced the new four-SKU MCT Shot line last month, including Coffee, Matcha, Orange Cacao, and Turmeric Ginger varieties. Each product uses a base of 8g of MCT oil with added organic ingredients.
CBD Bev Leaders Mount Response to California Regulations
Beverage brands are at the front of a campaign to protect sales of cannabidiol (CBD) in California, after the state’s Department of Public Health (CDPH) released a revised FAQ stating the hemp-derived ingredient is not approved as a food or dietary supplement.
Elevator Talk: Rambu Introduces Southeast Asian Flavor to the U.S. Beverage Market
Rambu brings Southeast Asian flavor to the U.S. market by infusing their beverage with rambutan, a tropical fruit. The company's low calorie, low sugar offering targets health-focused consumers, particularly millennial women, who care about current social issues.
New Age Reports $15.2M In Q2 Revenue
New Age Beverages reported revenues of $15.2 million for the second quarter of 2018, a 2 percent decrease from the same period last year, in an earnings call yesterday.
Taste Radio Ep. 124: Milk Street/America’s Test Kitchen Founder: ‘Nothing is Authentic’… Food Is a ‘River That Keeps Moving’
Christopher Kimball, the founder of Milk Street and America’s Test Kitchen, explained his perspective that, at its core, there is nothing “authentic” about food, which he views as a “river that keeps moving,” shared his stance on buzzy trends and why flavor is what’s missing in the discussion about organics.
Coke Takes Minority Stake, Distribution Rights For BodyArmor
The Coca-Cola Company today announced it has agreed to purchase a minority stake in BodyArmor, a move that will see the sports drink brand exit its distribution partnership with Keurig Dr Pepper (KDP) and enter Coke’s nationwide bottling system.
Investment Insight: Uncertainty At KDP, Confidence in Kombucha
Whipstitch Capital's Mike Burgmaier, Blueberry Ventures' Arif Fazal, and Green Circle Capital Partners' Stu Strumwasser weigh in on hot topics in the beverage industry including the future of the DPS allied brands portfolio, new competition for natural energy drinks, and why alcohol companies are interested in kombucha.