Celsius reported a 23.4% rise in revenue in Q2 2024, as the energy drink maker’s growth continued to slow after a prolonged period of significant gains, according to the quarterly earnings report released this morning.
The functional and THC beverage categories are seizing the opportunity at live music festivals to build brand awareness and recontextualize the overall festival experience while giving promoters a revenue boost among a growing base of consumers moderating their alcohol intake.
For 31 years, Colorado-based Chromatic Technologies Inc. (CTI) has been a leader in beverage packaging innovation, pioneering temperature-sensitive thermochromic inks for products like Coors Light’s famous color-changing cans. Now, under new leadership for the first time since its founding in 1993, the firm is working to scale operations and keep its innovation pipeline full.
Refresco Beverages is asking for at least $67 million in damages after accusing former client Congo Brands of backing out of a long-term production agreement for sports drink PRIME, according to a lawsuit filed last week in the Court of Chancery in Delaware.
Also in this edition: this week's new products, an exclusive interview with Eric LeGrand Bourbon, why Missouri has tamped down on "unregulated" cannabis products and distribution news from around the industry.
Does the announcement of a new $135 million fund offer any indication about the flow of new capital in food and beverage? The hosts discuss and also highlight a Poppi-infused snack, Walgreens’ private label prowess and some “notable” folks. We also feature an interview with five entrepreneurs who are drawing upon their experience and networks to support emerging brands via a new venture.
This week, Kencko unveils its line of instant iced lattes, Bored Cow introduces its first ever limited batch flavor and Wildwonder's new collaboration with RuPaul Drag Race winner Nymphia Wind.
Eric LeGrand’s life was changed in 2010, when he became paralyzed while playing football as a defensive tackle for Rutgers University. The end of his athletic career marked the start of his entrepreneurial path, leading to his latest venture launched last year: Eric LeGrand Bourbon.
Ball Corporation’s global beverage can shipments increased +2.8% in the second quarter of 2024, the Denver-headquartered company shared in its Q2 2024 results.
Flow Water and BeatBox Beverages are extending their manufacturing agreement for a further year while raising its high minimum total revenue by nearly $100 million, the companies announced in a press release this morning.
Get ready for our August Community Calls! This month, dive into how POD Foods can slash your distribution costs, gain insider tips from Amazon on optimizing integration and reviews, learn from big CPG innovations, and explore the timeline for profitability in retail.
American food tech startup Shiru is partnering with Japanese multinational Ajinomoto Health & Nutrition on the development of new low glycemic sweetener systems created from sweet proteins identified by Shiru’s proprietary A.I. protein discovery platform.
Campari Group reported positive sales growth in the first half of 2024, but warned that temporary headwinds will impact its gross margins during its H1 2024 earnings call yesterday.
The Vita Coco Company posted 3% net sales growth to $144 million in its Q2 2024 earnings report this morning, bolstered by improvements to its core coconut water line. Year-to-date net sales were up 3% to $256 million.
