News

Pernod Ricard: Sales Up 13%; U.S. Decline Expected

Pernod Ricard net sales grew +13% to $13.2 billion in FY 2023, but in its earnings report today the liquor company warned that sales would soon see a decline in China and the U.S.

Jove Water Expands Retail Presence With The Fresh Market

As National Skin Care Awareness Month takes the spotlight this September, leading premium, functional alkaline water brand, Jove, announced its latest retail expansion in partnership with The Fresh Market.

Rabobank: M&A Slowdown Will Lead Buyers, Sellers to Rethink Deal Strategy

Although M&A activity may have slowed amid economic uncertainty over the past year, it’s hardly an anomaly. However, a new report from Rabobank, titled “The New Deal Environment,” says that slowdown means potential buyers and sellers may have to significantly rethink how they approach deals going forward.

Alma del Jaguar Tequila Launches Reposado in the U.S.

Morningside Brands, Inc. announces Alma del Jaguar Tequila’s second release, a handcrafted 100% Blue Weber Agave Tequila Reposado that is sustainably produced and confirmed additive-free.

Electrolit Announced Partnership With Basketball Influencer Tristan Jass

Electrolit – the preferred, premium hydration beverage made from pharmaceutical quality grade ingredients – announces its official hydration partnership with renowned basketball influencer and respected athlete, Tristan Jass, who has amassed a combined six million following across his social platforms.  

Where Will Instacart Go After The IPO? Grocery Experts Weigh In

Instacart’s IPO filing last week signaled many things – a bit of upward momentum in the overall IPO market, inklings of the potential direction e-grocery is heading and an unexpected, developing relationship with PepsiCo. But questions still remain about the future direction of the grocery-tech giant’s growth.

Canelo RTD Steps Into the Ring, Backed By Spirit of Gallo

The company behind leading ready-to-drink cocktail High Noon is bringing out a new contender: VMC, a tequila-based canned cocktail born from a partnership between world champion boxer Saúl "Canelo" Álvarez, Spirit of Gallo, and Casa Lumbre is set to release next month, the company announced today.

Taste Radio: When The Sustainable Path Is A Billion-Dollar Opportunity

Shadi Bakour, the co-founder and CEO of PATH, a bottled water brand that uses refillable aluminum containers, spoke about how he convinced retailers and investors that there was an unmet need for the brand, the game changing impact of relationships with San Francisco Airport retailers and Natural Products Expo West, the value of licensing deals with Barbie and TMNT, and PATH’s $30 million Series A funding round.

Upscale, Multi-Serve & Global: Wolf Spirit Distillery Launches RTDs

With ready-to-drink UPC proliferation nearing 7,000 items, how does an independent spirits company find a niche on the shelf - especially when starting from scratch? For Wolf Spirit Distillery, an Oregon-based spirits producer, the opportunity lies in upscaling a version of a cocktail people already love, and possibly upping the size too.