Eastside Distilling, a producer of award-winning craft spirits, today announced the appointment of Shelly A. Saunders to its Board of Directors. Saunders brings more than 25 years of finance experience to the board, having served as VP Finance/CFO of Campari Canada and VP Finance/FP&A for Campari America/SKYY Spirits.
Painted Stave Distilling to release SunSeeker Wheat Whiskey on August 21st to commemorate the Total Solar Eclipse. SunSeeker Wheat Whiskey is the third in Painted Stave’s series of whiskies distilled from craft beers.
Preiss Imports, a third-generation company specializing in the importing and marketing of international spirits, wines and culinary niche brands, has added La Fee Absinthe Parisienne, La Fee Absinthe Blanche, and La Fee NV Absinthe Verte to their portfolio of unique international spirits.
PHIT comes in four flavors: Iced Lemongrass, Berry Splash, Iced Tea, Superfruit and one unflavored with a performance blend, PHIT+, to create an alkaline energy drink.
Celebrity Chef Marcus Samuelsson has partnered with Pure Leaf Tea House Collection to create a new, original web series launching today on PureLeaf.com.
Currently in the US, SHARK comes in SHARK Stimulation Original flavor and SHARK Sugar Free, both in 8.4 ounce cans. Additional plans include adding new varieties including Red Berries and Apple & Melon.
Episode 68 of the Taste Radio podcast features interviews with Jennie Ripps, the CEO and co-founder of tea-based cocktail mixer and beer brand Owl’s Brew, Pete Speranza, who is a New Business Development Principal with General Mills’ business development and venture capital arm 301INC, and the latest edition of Elevator Talk with Jason Petrou, the founder of Clean Energy Organics.
The e-commerce retailer increased net sales by 25 percent to $38 billion for the quarter, but earned less per share then Wall Street was expecting. Amazon SVP and CFO Brian Olsavsky said Q2 year-over-year earning differences were ”driven by investments” in the company’s own technologies like Echo, a ramp-up of its original video business and increased spending on hiring and marketing.
Consumers have loved Sweettauk lemonades because they taste great and were half as sweet as anything else out there, but they asked for more by asking for less -- less sugar!
Can and beverage industry leaders ask President Trump to exempt certain types of aluminum from potential tariffs; White House communications director Anthony Scaramucci may be a Juice Press investor; Whole Foods sets a date for shareholders to vote on Amazon deal; Former Tesla engineer creates hangover cure.
This week private equity investment group VMG Partners announced the close of its fourth fund at $550 million, with another $150 million available in a flex-up vehicle. The capital, said VMG Managing Director Wayne Wu, will be invested in emerging, lower middle market companies producing consumable branded goods.
Protein-infused water brand Protein2O has added two beverage industry veterans to its leadership team and raised $4 million in new funding as it seeks to establish a leadership position in the segment of low-calorie protein beverages.
In a complaint filed against parent company World Waters LLC and World Waters Holdings, LLC in U.S. District Court in the Eastern District of New York on July 8, attorneys for lead plaintiff Michael Pizzirusso argue that WTRMLN WTR’s product labels, in describing the liquid with the words “cold pressed juiced watermelon,” falsely represent that it consists of only watermelon juice.
During an interview at BevNET Live Summer 2017 in New York, KeVita founder and former CEO Bill Moses spoke at length about his experiences starting, growing and selling the company in his first interview since it was acquired by PepsiCo for around $230 million last November.
