Pernod Ricard Sales Drop -3%; Cuts Expectations for 2024
Pernod Ricard is facing headwinds after reporting a -3% organic decline in sales in H1 FY 2024, with sales expected to stay flat for the remainder of the year.
News
100 Coconuts Now Available at Costco Stores in the Southeast
100 Coconuts, the leading lifestyle-inspired premium coconut water brand, announces its Pure Coconut Water 12 packs are now available in over 70 Costco locations across the southeast.
Liquid Death Looks to Reanimate Consumers with Death Dust
The “entertainment-first” beverage maker is the latest brand to jump into the rapidly expanding hydration category with today’s announcement of Death Dust, which adapts three of the most popular flavors from its sparkling waters – Severed Lime, Mango Chainsaw and Convicted Melon – into electrolyte drink mixes.
Blume Launches Gut-Focused Hydration Powders, Lands Superfood Lattes in Target
Seeking to ride the momentum of its biggest distribution win thus far, Blume announced today the launch of its new line of SuperBelly gut-building hydration multipliers, marking the brand’s first foray into the hydration space.
Ginsa Brands Officially Debuts Sparkling Ginseng Tonics
Beverage industry veteran Juliet Kim Blake embraces her Korean culture by launching Sparkling Ginseng Tonics. Ginsa, the first-to-market sparkling tonic centered around Korean red ginseng, an antioxidant-rich root celebrated for its ability to increase energy, enhance immunity, fight inflammation and improve focus.
CoreBev Expands Portfolio With Strategic Acquisition Of Continuum Distilling
Connecticut-based beverage company CoreBev announced the acquisition of the eco-centric distillery, Continuum Distilling following a $1 million Series A funding round, earmarked to fuel strategic expansions and acquisitions.
Skrewball Whiskey Announces Partnership with Dee Jay Silver
Skrewball Whiskey, the original peanut butter whiskey, announced today its partnership with Dee Jay Silver to bring the ultimate party experience in the coming months with Dee Jay Silver and Blake Horstmann of RoadHouse, the first DJ duo to sign with a Nashville record label.
Culture POP Raises $21M In New Investment
Probiotic soda brand Culture Pop raised $21 million from new investors which include Enlightened Hospitality Investments — the investment arm of restaurateur Danny Meyer — and a private investment by Howard Schultz.
Top Note Partners With Mariano’s to Expand the Availability of Its Craft Beverages in Illinois
Top Note has announced distribution in the grocery chain Mariano’s to expand Top Note’s craft mixer offerings in Illinois.
Suja Appoints Former Stone Brewing Chief Maria Stipp As CEO
Suja Life, the parent company to Suja Organics and Vive Organics, announced today it has appointed Maria Stipp as its new CEO, effective Feb 20, while current chief executive, Bob DeBorde, moves into retirement.
Gorgie Dials Back DSD Focus In Favor Of “Digital Convenience” Strategy
After assessing its first year on shelves, Gorgie has realigned its distribution strategy to seek out the “stickiest” sales channels, a road that’s taken the female-focused energy drink back towards e-commerce.
Elevator Talk: Blue Bear Wellness, AlluSoda, good dirt, Amari
Watch founders and CEOs introduce their brands and provide a recap of recent news and updates. This week's special co-host is Dr. Sebastian Dreher, the Venture Manager - North America for DöhlerGroup who shared his thoughts, questions and feedback with the participants.
Pressed Juicery and KidNation Unite to Celebrate Black History Month With a Month of Free Content
KidNation, a leading platform for children's educational and entertainment content, is excited to announce a collaborative initiative with Pressed Juicery to commemorate Black History Month.
Celsius Launches Newest Flavor: Sparkling Raspberry Peach
Celsius, the premium lifestyle energy drink formulated to power active lifestyles with Essential Energy, announced the launch of its newest flavor innovation, Celsius Sparkling Raspberry Peach.