Amid a wave of food and beverage companies going public, Vita Coco parent All Market Inc. is the latest to receive buzz about a potential IPO. Earlier this month, Bloomberg reported that the company is potentially planning to list shares as early as the third quarter with a potential valuation of more than $2 billion.
Charleston based Sweet Grass Vodka, a leading craft spirits, innovation company, announced that InterContinental Beverage Capital will join its team and take a minority ownership position in the company.
Darryl McNally, Master Distiller, and descendant of the Limavady Distillery’s 18th century operators, is leading the revitalization of the historic brand, pulling it into the 21st century and propelling it onto a global stage.
Amy’s Kitchen co-founders Andy and Rachel Berliner spoke about how they’ve maintained their vision and focus for the prepared food brand over the years, how a retirement-aged accountant became the company’s most significant hire, why they are extremely patient when it comes to new product development and why their happiness has never been tied to financial gain.
1800 Tequila, the world’s most-awarded tequila line, debuts a cinematographic campaign for new 1800 Cristalino Tequila, displaying two GRAMMY-winners: singer-songwriter and brand ambassador Kali Uchis and director Jenn Nkiru
The growth of the specialty food industry over the past year was primarily driven by products used for at-home cooking and baking as consumers looked to make easy meals and indulgent treats as lockdowns carried into the new year. In a recent report published by the Specialty Food Association (SFA) with research from SPINS and IRI, the SFA predicts that these categories will continue to lead growth in the industry as cooking at home becomes more habitual to consumers.
As the industry continues to lap last year’s heightened pandemic-driven retail sales, non-alcoholic beverage sales remained “broadly elevated” in the two-week period ending June 19, according to an analysis of Nielsen data by Goldman Sachs Equity Research.
As part of a process intended to increase diversity within the alcoholic beverage industry, Diageo-backed spirits investment group Distill Ventures has announced the launch of a Pre-Accelerator program dedicated to supporting early stage founders from underrepresented demographic groups.
In time for National Dive Bar Day this summer, Seagram's 7 Crown American Blended Whiskey is raising a glass to small businesses, including dive bars, across the country by teaming up with actor and comedian, Iliza Shlesinger, to launch the brand's new "Keep the Dive Alive" campaign.
Sorel Liqueur, a modern twist on a Caribbean classic, announces its relaunch following an investment from the Uncle Nearest Venture Fund. The recently established $50 million fund is intended to help Black-owned companies achieve their goals in the competitive spirits market.
A new craft spirits organization has been created to progress the affinity and passion for the Gin category in the U.S. amongst distillers, the beverage trade (on- and off-premise stakeholders), and media while celebrating the innovation within this growing category.
Following its U.S. debut online earlier this spring, European “micro drink” brand Waterdrop has opened its first domestic retail location in Miami.
The promise of endlessly recycled PET plastic is one step closer, as the Consortium – Carbios, L’Oréal, Nestlé Waters, PepsiCo and Suntory Beverage & Food Europe – announces the successful production of the world’s first food-grade PET plastic bottles produced entirely from enzymatically recycled plastic.
Kill Cliff, the World’s best-selling and best-tasting clean energy drink, marks its 10th anniversary and longtime partnership with the Navy SEAL Foundation by dropping a limited edition Commemorative Can.
