Sazerac to Acquire Svedka Vodka from Constellation Brands
Constellation Brands has reached an agreement with spirits giant Sazerac to offload its Svedka Vodka brand, the company announced today.
Headlines
Daily Briefing (Insiders Only): Inside The Fight To Curb The Plastic Crisis
Any hope of containing the rapidly-escalating global plastic waste crisis seems to have melted down after international negotiations on a framework to curb pollution collapsed over the weekend.
Taste Radio: Prime & Messi’s Mas+ Do Battle. Who Benefits? Plus, We Dip & Bake.
Days away from BevNET’s winter events in Marina Del Rey, the hosts discuss the legal battle between lifestyle fitness brands Prime and Mas+ by Messi and why it may help one company more than the other, regardless of the outcome. They also sample a big brand’s take on an ethnic classic and explain their love/hate relationship with an emerging brand.
How Sake Brewers Are Chasing Trends to Woo American Palates
In Japan, some of the country’s oldest sake brewers are eagerly awaiting a decision next month on their bid for the rice wine to win recognition as a UNESCO Intangible Cultural Heritage, a commendation reflecting the depth to which the beverage is tied to national pride and tradition. Other ambitious brewers, meanwhile, are just as eager to buck tradition altogether.
Vitamin Energy Accuses 5-Hour of Running ‘Illegal Monopoly’ in Lawsuit
Shot maker Vitamin Energy is gunning for the king of the category. The startup brand filed a lawsuit last week against 5-Hour Energy owner Manoj Bhargava and the brand’s associated companies, alleging it has violated U.S. antitrust and false advertising laws, wielding an unfair monopoly over the energy shots business.
A Drink With…Asheville Tea Co. Founder Jessie Dean
After Hurricane Helene pulled its production facility off its foundation, Asheville Tea Co. has used "unbridled optimism" as it rebuilds amid a challenging climate for raising new capital.
Taste Radio: The ‘Unapologetically Honest’ Way This Brand Sets Itself Apart
Josh White, the co-founder of pioneering canned water brand Cano Water, explains why he describes himself as “an accidental entrepreneur,” how a cold email helped the company land its first major retailer and how the brand is leaning into its British roots as it expands distribution into the U.S.
Investment Analysis: As a Dry 2024 Ends, Brands Should Invest in Self-Love
Big-brand portfolio reshuffling isn’t going to all of a sudden clear a pathway to acquisition for tiny brands to get scooped up by huge food concerns – at least not right now. Instead, strategics are looking for those billion-dollar acquisitions that can bring them tangible revenue gains.
BevNET Live Winter 2024 is Just Two Weeks Away!
The leading event for the beverage industry is just two weeks away! More than 700 beverage industry professionals are already registered. Check out the agenda and attendee list and start planning your BevNET Live experience.
How Sazerac Manages 500 Brands Across Beer, Wine and Spirits
Spirits giant Sazerac manages approximately 500 brands across beer, wine and spirits, yet president and CEO Jake Wenz insists the company is still “focused.”
Daily Briefing (Insiders Only): Langers Jumps in on Cola
The family behind Langers Juice Company never imagined it would get into the soda category when it founded the health-minded business back in 1960. But in 2024, up is down and soda is good for you (well, better-for-you to be completely accurate).
Prime Countersues Mark Anthony Brands Over Messi Sports Drink Claims
Logan Paul and KSI’s Prime Hydration is hitting back at Mark Anthony Brands’ Más+ by Messi, a sports drink developed in collaboration with soccer legend Lionel Messi, claiming that visual similarities between the brands is creating consumer confusion.
Daily Briefing (Insiders Only): Hint Water Adds New Leadership, Capital
San Francisco-based flavored water brand Hint announced it has landed two seasoned beverage executives as new leaders for the company.
New Products: PKN Finds JOY, Plus Lifeway & Little Saints
In this week’s NPG, we settle in for a hot cup of “Death,” call up Three Spirit for botanical drink, and highlight a new set of collagen-packed kefirs from Lifeway.