News

Sanzo: Steve Aoki, Simu Liu Onboard As Investors

After opening a new investment round in January that has already raised $5 million, Sanzo is adding some star power to its cap table, announcing this morning that producer/DJ Steve Aoki and actor Simu Liu are joining the sparkling water brand as investors.

Dyla Puts Weight Behind Stur, Co-Branded Mixes Amid #WaterTok Boom

Dyla has seen revenue increase by over $30 million in the past year, “well over” the $100 million mark, as it has sold “over 1.5 billion liquid and powder servings of drink mix,” founder and CEO Neel Premkumar told BevNET this week.

Taste Radio: Why Isn’t Big CPG Acquiring More Better-For-You Brands?

A recent Forbes article sparks the hosts’ passionate discussion about the role that food and beverage conglomerates should play in the health and wellness of American consumers. They also opine on an unexpected acquisition and its impact on an emerging category and chat about their preparation for Expo West 2024.

ROAR Organic Brings In $10M Investment from Factory, LLC

ROAR Organic announced today it has received a $10 million investment from equity stakeholder Factory LLC, aimed at supporting the hydration beverage brand as it experiences recharged growth in national retail.

Kylie Jenner Introduces Sprinter, a Premium Canned Vodka Soda

Entrepreneur Kylie Jenner announces Sprinter - the ultimate vodka soda in a can. Made with simple, high-quality ingredients – premium vodka, sparkling water and real fruit juice – and created in four true-to-fruit flavors, Sprinter is a bold and refreshing new entry into the RTD space. 

NielsenIQ: BevAlc Sales Growth ‘Broadly’ Decelerates

Total BevAlc sales growth decelerated modestly in the two-week period ended February 24, reflecting accelerated volume declines and slightly stronger average pricing growth, according to Goldman Sachs Equity Research’s latest analysis of NielsenIQ data.

Jove Water Announced as Official Water of Friends in Low Places Bar & Honky-Tonk

Jove alkaline water, a functional alkaline water brand that provides deep hydration for skin and cellular health, has been named the Official Water for Garth Brooks’ highly anticipated Friends in Low Places Bar & Honky-Tonk, which officially opens its doors on March 7 in Nashville, Tennessee.