Non-alcoholic beverage sales remained solid in early July as volume sales accelerated in the two-week period ending July 13, according to an analysis of NielsenIQ retail scanner data by Goldman Sachs Equity Research. Retail dollar sales grew +3.6% in the two-week period, compared to +3.9% in the four-week period.
Southern Glazer’s Wine & Spirits has plans to acquire Horizon Beverage Group, Southern Glazer’s announced today. The deal includes all of Norton, Massachusetts-based Horizon Beverage’s Massachusetts and Rhode Island operations and beer, wine and spirits portfolio, adding two states to the largest bev-alc distributor’s footprint.
For winemaker Samantha Sheehan, the spritz’s rise to one of the most popular cocktails in the U.S. has been a boost to her Napa-based aperitif brand Mommenpop.
Keurig Dr Pepper reported single-digit net sales growth and margin expansion in its Q2 2024 earnings call amid challenges in coffee pricing and at-home consumption.
This report, which focuses on functional beverages for women, features exclusive content created just for our BevNET Insider audience!
Oatly saw volumes grow in all segments during Q2 and credited its shift to an asset-light supply chain model as the key driver, allowing the brand to reduce its cost structure and focus on more efficient execution, per an earnings report this morning.
After being stuck in limbo for much of July following the passage of regulations on THC-infused beverages in Iowa, Iowa City-based Climbing Kites is pushing new products into retailers this week.
Miguel Leal, the co-founder and CEO of modern Mexican food brand Somos Foods, talks about how the company adjusted its positioning to resonate with a broader audience; how Somos identified areas for improvement. and how his timeline for an potential acquisition has changed significantly.
Coca-Cola’s volume growth overseas has helped buoy softening numbers in North America, where declines across water, sports drinks, coffee/tea, soda and its flagship brand dragged volume down 1% in Q2 2024.
Logan Paul and KSI’s PRIME Hydration has caught the ire of the U.S. Olympic & Paralympic Committee (USOPC), which filed a lawsuit against the sports drink brand last week alleging it violated the committee’s trademarks on the packaging of its recent collaboration with NBA star and Team USA member Kevin Durant.
Thousands of bar professionals and spirit reps from across the globe will descend on New Orleans next week for the world’s leading cocktail conference, Tales of the Cocktail.
In this week’s new products roundup, Bloom ventures into the energy drink space, Pressed Juicery joins forces with a Grammy award-winning music legend and International Delight gets a head start on the Winter Holiday season.
Sweet. Savory. Celeb. The hosts check all the boxes in an episode that looks at how consumers evaluate authenticity between brands and celebrity endorsers. We also feature an interview with Stephanie Reda, the director of brand development for fast growing snack and seltzer brand Hal's New York.
This is the first of our exclusive quarterly industry reports from SPINS. This report, which focuses on Q2 trends in the juice category, features exclusive content created just for our BevNET Insider audience!
