News

Taste Radio: Big Deals, Big Impact? Plus, Hilton’s Top F&B Exec Tells All.

Amid a spate of high-profile investments and acquisitions, the hosts assessed Brooklyn Brewery’s alignment with Hoplark and what it means for the emerging segment of hop-centric beverages and also discussed the timing of Smuckers’ $5.6 billion purchase of Hostess Brands. This episode also features an expansive interview with Adam Crocini, the SVP and global head for food and beverage brands at Hilton.

Distribution Roundup: Nguyen, SANG Score Wins for Vietnamese Coffee

Vietnamese coffee makers Nguyen Coffee Supply and Sang both increased their respective footprints in retail, Positive Beverage brings its energy variety packs to select Costco locations, Yesly makes strides in Texas and the Midwest, and Four Sigmatic finds more distribution in Albertsons.

GURU Touts 15% Q3 Growth, Chief Revenue Officer Grar Exits

GURU’s Theanine Fruit Punch flavor helped drive sales according to the Canadian energy drink company’s Q3 2023 earnings report released today, setting the stage for a U.S. launch this winter. Quarterly net revenue for the brand was up 15% year-over-year to $8.9 million, with gross profit of $4.5 million thanks to sustained strong margins, the company reported.

Download BevNET’s Natural Products Expo East 2023 Booth Planner

Natural and organic product companies and manufacturers from around the world will convene at the Pennsylvania Convention Center in Philadelphia, PA for Natural Products Expo East 2023. To help you navigate all of the beverage-related exhibitors at this year’s event, we’ve produced a printable Expo East 2023 Show Planner.

Health-Ade Takes To The Airwaves With iHeartMedia

Audio media giant iHeartMedia has invested an undisclosed amount in kombucha company Health-Ade in a deal that will leverage the media company's reach with consumers and bring the gut health beverage brand to new audiences.

a2 Platinum Infant Formula Launches in U.S. – Made with Fresh a2 Milk

The a2 Milk Company today announced that its highly regarded a2 Platinum Premium Infant Formula will hit store shelves in the U.S. for the first time this month with initial distribution in nearly 250 Meijer stores (available now), and 50 Wegman’s stores (available 9/18).