News

Irish Whiskey Category Soars Ahead of St. Patrick’s Day

With the booming consumer interest in brown spirits, Irish Whiskey has seen substantial growth over the last decade. In 2016, Irish Whiskey volumes were up 18.7 percent to 3.8 million cases and revenues were up an impressive 19.8 percent to $795 million.

AccelFoods Announces Fund Expansion, New Investments

In an e-mail to BevNET, Jordan Gaspar, co-founder and managing partner at AccelFoods, said that the move represented an evolution of the fund to better serve the specific needs of each company and its founders.

Dairy Alternatives Brace for Battle on Capitol Hill

The Good Food Institute, which focuses on the growth of plant-based and cultured “clean” protein and dairy products and businesses, submitted last week a citizen petition to the U.S. Food and Drug Administration (FDA) which calls for the agency to allow alternative beverages to continue using the term “milk."

Jose Cuervo’s New Campaign, Tomorrow Is Overrated

Jose Cuervo®, the world’s leading tequila brand, is launching a new advertising campaign intended to resurrect the spirit’s original intensity. While other tequila brands focus on refinement and conformity, Jose Cuervo is bringing back a historic disregard for anything but celebrating the moment.

Pier Coffee Expands Its Offering of Canned Cold Brew

Pier Coffee announces a line extension of their cold brew coffee portfolio. New products coming out this quarter include a decaffeinated cold brew and a seasonally-focused cold brew called Elle’s Reserve.

Spindrift Eliminates Natural Flavors, Plans to Discontinue Soda Line

In a major step intended to further its commitment toward simple ingredients and transparency, Spindrift has removed all natural flavors and essences from its sparkling waters and will discontinue its soda line. Spindrift founder and CEO Bill Creelman called the moves “belief decisions” that address growing consumer concerns about added flavors and sugar.

Brown Departs as CEO of NWNA, Moves to Chobani

Last week Tim Brown stepped down as the CEO of Nestlé Waters North America (NWNA), and today was named president and chief operating officer of Greek yogurt giant Chobani. He starts in his new position at the privately-owned company on March 20, reporting directly to Chobani founder and CEO Hamdi Ulukaya.