News

People Moves: CEO Shakeups At AQUAHydrate, Live Soda, Moonshine Sweet Tea

In this edition of People Moves, we report on major shakeups in the CEO positions at AQUAhydrate, Moonshine Sweet Tea and LIVE Soda. Also, Vive Organic hires a new director of marketing, Nestle Waters North America loses its chief sustainability officer, and Andrew Simpson joins Sunshine Beverages as VP of sales.

Blossom Water Releases Blossom Water Version 2.0

Blossom Water LLC introduces Blossom Water Version 2.0, a transformational evolution of the category-creating essence water that is distinguished by appreciation and use of blossom botanicals.

UPTIME Energy Partners with Little Caesars Arena

Premium energy drink, UPTIME, announced today that it is now the official partner of Little Caesars Arena, which recently wrapped up its Inaugural Season as home to the NHL’s Detroit Red Wings.

El Tesoro Tequila Debuts New Bottle and Packaging

El Tesoro de Don Felipe Tequila is proud to introduce an exquisite new bottle and label for its core expressions, including El Tesoro Blanco, Reposado and Añejo tequilas.

Bacardi Completes Acquisition of Patron

Bacardi Limited, the largest privately held spirits company in the world, announced today the completion of a transaction that makes the family-owned company the sole owner of Patrón Spirits International AG and its PATRÓN brand, the world’s top-selling super-premium tequila.

Jim Murphy To Succeed Matthew Mitchell At Coke VEB

Jim Murphy will succeed Matthew Mitchell as Vice President, Strategy and Venturing, at The Coca-Cola Company’s Venturing and Emerging Brands (VEB) unit, the company announced in an email on Friday.

Bali Juice Expands Distribution in California

Bali, the first 100 percent Mangosteen fruit juice, is coming just in time for spring with a launch across all Albertsons, Von's and Pavilions grocery stores in Southern California.

Precept Wine appoints Dan Ewer as Chief Sales Officer

Ewer will be based out of Precept’s Seattle headquarters. His direct reports include Taylor Hardman, Senior Vice President of Sales West; six regional leaders in Precept Wine’s Eastern sales division; and Austin Gangel, Senior Vice President of Strategic Accounts.

Starbucks: Record $6B in Revenue in Quarter

During an earnings call with investors on Thursday, CEO Kevin Johnson partially attributed the company’s growth during the quarter to its $384 million sale of Tazo Tea to Unilever in November, as well as the strategic decision to close Teavana cafes in order to focus on that brand’s CPG products.

Peet’s Pushes Ahead in RTD

Buoyed by an expansion of its cold-chain distribution network Coldcraft, the Emeryville, Calif.-based coffee roaster and retailer is preparing several new RTD product launches over the coming weeks to further build its brand presence across multiple retail channels.