News

FABID Q2 Report: Food & Beverage Investment Activity

This is the first of our exclusive quarterly food and beverage industry reports from FABID. This report, which focuses on Q2 2024 food and beverage venture activity, features exclusive content created just for our BevNET and Nosh Insider audience!

NielsenIQ: Non-Alc Beverage Sales Decelerate in Late June

Non-alcoholic beverage sales growth remained healthy despite some deceleration in the two-week period ending June 29, according to the latest analysis of NielsenIQ retail scanner data by Goldman Sachs Equity Research.

People Moves: Pressed Juicery Names New CFO

Former Health-Ade CFO Gary Cooperman has been appointed to Pressed Juicery's leadership team in a split role as CFO and COO where he is focusing on expanding the brand's retail presence.

Alliance Consumer Growth Closes $160M Fund V

Growth equity investment firm Alliance Consumer Growth (ACG) announced today it has closed on a new, $160 million fund, the company’s fifth. The new fund brings ACG’s lifetime financing to over $1 billion in aggregate capital commitments, the firm said.

Joe Tea ‘Crawls’ Into Cans

Joe Tea is is testing out its new canned format in three-SKUs as the company diversifies its distribution options into DTC, ecommerce and on-premise locations where glass bottles are prohibited.

BevNET Live: The New Pro Partnership with Bar Malik and Jadakiss

In this video, Bar Malik and BevNET managing editor Martín Caballero discuss how Malik’s unique background as director of performance for the New York Knicks informed his approach to launching a hydration brand and how authenticity was the key to winning “Wemby.”

BevNET Live: Sports Marketing Evolution – Using NIL

In this discussion from BevNET Live Summer 2024, Andrew Mavis, founder and CEO of college-based influencer platform 98Strong, and Slate Milk co-founder Manny Lubin examine how the personal and localized appeal of college and university athletes can utilized by brands for regional launches.