News

Spindrift Closes $10M Funding Round Led by VMG Spindrift Closes $10M Funding Round Led by VMG

Spindrift Closes $10M Funding Round Led by VMG

by Martín Caballero,

In an interview with BevNET, Spindrift CEO Bill Creelman explained that the company’s rapid growth made securing more working capital a primary objective for this funding round.

PepsiCo Launches Lemon Lemon Sparkling Lemonade

by Press Release,

With summer days just around the corner, Lemon Lemon, a new sparkling lemonade from PepsiCo, is available in stores across the country, offering a refreshing way to enjoy the warmest months of the year.

L.A. Libations Partners with Trimino L.A. Libations Partners with Trimino

L.A. Libations Partners with Trimino

by Brad Avery,

Beverage brand incubator L.A. Libations has partnered with Trimino, the Connecticut-based makers of a line of protein-infused flavored waters which has rapidly expanded out of its Northeast origins and into grocery and box store chains across the country.

True Nopal Cactus Water Expands Distribution

by Press Release,

The expansion includes new distribution in Guam, expanded new stores in existing retailers such as Whole Foods, adding Arizona to the growing list, additional stores in HEB Texas, further expansion in Albertsons / Safeway in Louisiana, Texas and the Intermountain region and additional size options in all Sprouts Farmers Markets nationally.

Nielsen: CSDs Rebound, Energy Drinks Keeps Up Pace in April Nielsen: CSDs Rebound, Energy Drinks Keeps Up Pace in April

Nielsen: CSDs Rebound, Energy Drinks Keeps Up Pace in April

by Martín Caballero,

Sales of carbonated soft drinks and energy drinks were up in April, according to a Wells Fargo Securities report detailing the latest Nielsen xAOC (expanded all outlets combined) and C-store non-alcoholic beverage sales data for the four-week period ending on April 22

Issues in Kombucha Pt. 1: Science v. Nature Issues in Kombucha Pt. 1: Science v. Nature

Issues in Kombucha Pt. 1: Science v. Nature

by Martín Caballero,

In the first of an ongoing series examining issues related to the kombucha industry, we examine how the clash between hard science and unverified evidence regarding the fermentation process and health benefits of kombucha is shaping the category both consumers and producers.

Peet’s Coffee Seeks Cold Brew Dominance with ‘Coldcraft’ Unit Peet’s Coffee Seeks Cold Brew Dominance with ‘Coldcraft’ Unit

Peet’s Coffee Seeks Cold Brew Dominance with ‘Coldcraft’ Unit

by Brad Avery,

The company announced today the creation of Coldcraft, a new business unit dedicated to cold brew coffee innovation and distribution. Coldcraft will focus on building the RTD and draft keg business for Peet’s and third-wave coffee producer Stumptown, which the company acquired in 2015.

JÙS By Julie Warned By FDA Over Health Claims JÙS By Julie Warned By FDA Over Health Claims

JÙS By Julie Warned By FDA Over Health Claims

by Martín Caballero,

The letter cited claims from the JÙS By Julie website stating that several of its cold-pressed juices and soups included ingredients that could “fight diabetes,” “lower bad cholesterol,” “control blood pressure” and “offsetting common life disrupting ailments such as depression and ADHD,” among other benefits.

Growth Brewing at EvyTea Growth Brewing at EvyTea

Growth Brewing at EvyTea

by Brad Avery,

The Boston-based Cold Brew Tea company is currently seeking to raise $1 million in a series A funding round. Its ready-to-drink line is now available in more than 500 retail stores in the Northeast, including 33 Whole Foods Markets.

Hochstadter’s Rolling Whiskey Lounge Set to Tour U.S. Hochstadter’s Rolling Whiskey Lounge Set to Tour U.S.

Hochstadter’s Rolling Whiskey Lounge Set to Tour U.S.

by Press Release,

The Cooper Spirits Company and the Hochstadter’s brand are introducing the Slow & Low Rock and Rye “Whiskey Delivery Van”; a tricked-out 1978 Chevy G20 that has been fully customized as a rolling cocktail lounge.