Another episode, another billion-dollar deal. In this case, the buyer (KDP), if not the brand (Ghost), is somewhat surprising. The hosts have their say. They also highlight a couple spicy collaborations, but are divided on one of them. We also speak with Lexy Prosszer, an investment principal at U.K.-based venture capital firm Btomorrow Ventures, which is focused on investments in innovative, functional brands.
In this week’s new products roundup, De Soi debuts its first-ever limited edition flavor, REDCON1 resurrects the “first energy drink of the 80s,” and G.O.A.T. Fuel announces a multi-year partnership with Muhammed Ali Enterprises.
Non-alcoholic aperitif brand Ghia is making a much-anticipated leap into the natural channel next month, as it launches in over 100 Whole Foods Market stores in 12 states and in 43 Wegmans Food Market locations in Western New York.
Los Angeles County is looking to take Coke and Pepsi to court over the soda giants’ environmental impact. The county filed a lawsuit against PepsiCo and The Coca-Cola Company this week alleging they have tried to deceive the public about the recyclability of and potential health issues emanating from plastic bottles.
Sober October is nearly behind us and Dry January is on the way, but younger drinkers don’t need incentives to put down the booze.
Non-alcoholic apéritif brand De Soi is getting a winter makeover today as its first-ever limited-edition flavor hits shelves – part of the brand’s strategy to continue to emotionally connect with its consumers as the adult non-alc (ANA) category “grows and becomes hegemonized."
Forty-five-year-old vertically integrated beverage manufacturer Trilliant Nutrition, whose portfolio includes brands like Victor Allen, Aspen Ridge and Study Fuel, is looking for growth opportunities beyond the coffee category with the launch of Nurri ultra-filtered protein milk shakes, exclusively available at Costco.
The Vita Coco Company reported a quarterly net sales decline of 4% to $133 million in its Q3 2024 earnings presentation this morning, as year-to-date revenue stayed flat at $389 million. The company’s sales performance was impacted by inventory flow.
Call it one of those “good” problems: NYC-based cold-chain DSD house Dora’s Naturals is operating at about 130% capacity from its current warehouse, said head of business development Tanya Seber on a call last week.
Ben Branson, the trailblazing founder of non-alcoholic spirit brand Seedlip and innovative venture studio Pollen Projects, shares his perspective on an evolving market for zero-proof beverages, why “the best” non-alcoholic products are not analogs of legacy spirits and why he’s betting big on an unusual sourcing and production model.
Jones Soda is searching for new leadership after president and CEO David Knight departed the company last week, the company announced Monday afternoon.
Don’t miss your chance to submit nominations for the BevNET Best of 2024 Awards. The deadline is this Friday, November 1st.
Earlier this month, Lemon Perfect named former Mast-Jägermeister US head Jeff Popkin as its CEO, marking the first chief executive move at the enhanced water startup since it was founded in 2017. A month into the role, Popkin says his priority is to scale a brand he believes has the ability to “go anywhere” from c-stores to golf shops.
The hosts chat about actor Tom Holland’s foray into CPG with NA beer Bero, before riffing on an enlightening collaboration between an up-and-coming wine company and personal care brand. We also feature an interview with Megan Klein, the founder and CEO of Little Saints, an innovative brand of non-alcoholic cocktails infused with functional mushrooms, who recently appeared on “Shark Tank.”
