BevNET Live Spirits Sunday Recap; Yoju Wins Cocktail Showdown
BevNET Live Winter 2024 kicked off with a spirits-themed Sunday afternoon featuring panels on the state of the RTD cocktail category and a new victor in BevNET’s annual Cocktail Showdown.
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Taste Radio: You Got Into Erewhon. Now What? Plus, The ‘Madre’ Of Kefir.
When in Los Angeles, you know the hosts are making an Erewhon run. As they sift through bags of new, innovative and unusual beverages and snacks purchased at the high-end retailer, the hosts discuss Erewhon’s reputation as a launching pad for emerging brands. We also sit down with Nicola Hart and Leon Pullin of Agua De Madre, a London-based brand of water kefir and other functional beverages.
Q Mixers Names Betsy Frost as CEO
Premium cocktail mixer brand Q Mixers has named Betsy Frost as its new CEO, taking over the role from outgoing chief executive Bob Arnold.
Brown-Forman Beats Expectations; CEO Warns of “Painful” Tariffs
Brown-Forman, the leading exporter of U.S. spirits to the world, beat analysts’ expectations in its latest quarterly earnings report, thanks to a jump in demand from its more premium whiskies. But the president and CEO of the Jack Daniels Whiskey maker cautioned that with potential tariffs looming it was facing “so many potential scenarios and unknowns.”
Call Her Thirsty: Podcaster Alex Cooper Enters Beverage with Unwell Hydration
Alex Cooper, host and creator of Call Her Daddy, is jumping into beverages with the launch of Unwell Hydration, a functional drinks line made in collaboration with Nestlé.
Spritz Without The Spirits: Wilderton Rebrands With Aperitivo Focus
The craft spirit veterans behind Adult Non-Alc (ANA) spirit brand Wilderton are taking the bittersweet lessons learned since debuting four years ago and channeling them into a new identity: Wilderton Aperitivo Co.
Better Booch Maker Sees ‘Future’ in More Manufacturing
Under the auspices of a new business division, called FutureBev, Future Beverage Group has acquired a 100,000 square foot facility in Ventura, Calif. in which it plans to manufacture its canned products as well as co-pack for others when it goes online in January.
Report: Spindrift Close to $650M Sale to Private Equity
Spindrift is in advanced talks to be acquired by a private equity firm for a price north of $650 million, according to a report in The Wall Street Journal.
Shaka Tea Shuts Down Two Years After Acquisition
Hawaiian beverage brand Shaka Tea is shutting down, according to a message the company posted to its website and sent out to email list subscribers this afternoon.
Daily Briefing (Insiders Only): Simple Modern Slides Into Stick Packs
It might not be too surprising that a lifestyle company built around water bottles and travel mugs is extending itself into hydration beverages… it's a tale we know all too well. Simple Modern joined the fray this week, entering into the stick pack electrolyte drink category with the launch of Trevi Enhanced Hydration.
Taste Radio: How Honeygrow Is ‘Perfecting The Algorithm’ Of Its Brand
Justin Rosenberg, the founder & CEO of Honeygrow, the innovative and rapidly growing fast-casual restaurant chain, discusses the company’s sourcing strategy and its focus on serving “great” ingredients and “amazing customer experiences,” how he evaluates service and quality at individual locations, and why day-to-day management of the business – not an exit strategy – is always top of mind.
Daily Briefing (Insiders Only): High Givings
Cannabis products maker oHHo is seeing (RED). The New York-based startup has partnered with international healthcare non-profit (RED) which is focused on fighting AIDS, malaria and other diseases worldwide.
oHHo Sees (RED) in First Collab with International Medical Charity
Cannabis products maker oHHo is giving back via a new partnership with international healthcare non-profit (RED), the first time the charity has partnered with a cannabis brand, via a new line of co-branded THC drinks and edibles which will contribute to the charity.
Sazerac to Acquire Svedka Vodka from Constellation Brands
Constellation Brands has reached an agreement with spirits giant Sazerac to offload its Svedka Vodka brand, the company announced today.