Circana Craft Beverage Report: RTDs in Seventh Inning, E-Commerce Up
RTDs are in the seventh inning, according to Scott Scanlon, executive vice president of Beverage Alcohol at Circana.
News
Ball ‘Keeping a Close Eye’ on Domestic Beer, Energy Drinks on the Way to +2-3% Volume Growth Goal
Ball Corporation, the world’s leading manufacturer of aluminum beverage cans, is “keeping a close eye” on domestic beer and energy drinks as it plots its next few years, executives said during an investor day Tuesday.
Koia Extends Into Shelf-Stable, Bulks Up Into Multiserve
Koia has built its reputation in the cold box, but in order to achieve its next stage of growth the company is breaking onto the dry shelf with this month’s launch of Koia Nutrition Shakes, its first shelf-stable offering.
A Drink With…. Ley Line Labs Co-Founders Charlotte Mizrahi & Matthias Laudico
CPG isn’t for the weak of heart, but Matthias Laudico and Charlotte Mizrahi, partners in full-service product development house Ley Line Labs, have been well served by following a simple goal: “We're really doing this because we want to make cool products for passionate people.”
NIQ: Memorial Weekend Fails to Boost BevAlc As Sales, Volumes Decline
The latest data set from NIQ shows total BevAlc sales accelerated their decline in the two-week period ending June 1, reflecting faster volume drops and slightly softer pricing growth, according to analysis from Goldman Sachs Equity Research.
Taste Radio: How A ‘Casa’ Built On Taste, Not Trends, Is The Crown Jewel Of A $400M Empire
Jean-Charles Boisset, the proprietor of globally renowned wine company Boisset Collection and co-founder of luxury tequila brand Casa Obsidiana, explains why taste, not trends, is at the heart of new business ventures and product development, and what drives consumer communication and marketing.
Flow: Improved Gross Margin and Operating Expenses in Q2 Despite Revenue Dip
Flow Beverage Corp. saw a reduction in net revenue due to the exit of unprofitable partnerships, offset by improved gross margins and operating expenses in its Q2 earnings report today.
Taste Radio: The Best Two-Minute Pitch? There’s A Theme.
Frank Sinatra famously crooned "if I can make it there, I'll make it anywhere." The "there," of course, is New York City, which was the backdrop for BevNET Live Summer 2024. In this episode, the hosts reflect on presentations in the semifinal round of the New Beverage Showdown and reveal the details that retail buyers want to hear in pitch meetings.
BlueTriton, Primo Water Merging to Form Publicly Traded Water Giant
Today, Primo Water Corporation and an affiliate of BlueTriton Brands announced the two water giants have entered a definitive agreement to merge, creating a new combined entity called NewCo, effectively taking the largest manufacturer of bottled water in the U.S. public.
Basemakers Lays Foundation for Its CPG Services House with Brokerage Division
Since its founding in 2015, the CPG sales agency, specializing in retail execution for emerging brands, has grown to over 100 clients in 35 states, with 85 full time employees and plans to expand the team to over 100 by January 2025. The firm works with companies such as Olipop, Poppi and Guayaki, among others.
New Products: EVERY’s Collab With Landish, Plus Califia, Nixie, MTN DEW & More
In this week’s new products roundup, The EVERY Company teams up with Landish Foods to launch a new line of ready-to-mix powders, MTN DEW gears up for the Fourth of July with a Red, White and Blue collection and New Beverage Showdown semifinalist Lily unveils its latest non-alcoholic functional beverage flavor.
BevNET Live Day Two: Equity Among Minority Founders And Investment Tips For New Entrepreneurs
BevNET Live Summer 2024 Day Two featured speakers talking about operating in a tough economic climate, how to work in conjunction with retailers to scale and what it means to build a brand platform.
Pretty Tasty Crowned Champion of New Beverage Showdown 27
Pretty Tasty was crowned the champion of New Beverage Showdown 27 today, joining an elite cohort of beverage brands such as Cann and Health-Ade that have also claimed victory in the bi-annual pitch competition.
Spilling the (Sparkling) Tea: DAVIDsTEA Unveils Ready-to-Drink Line
Continuing its mission to make tea more accessible across North America, DAVIDsTEA today announced its first foray into the ready-to-drink category with a three-SKU line of sparkling cold brew teas.