Taika’s New Formula for ‘Fueling Creativity’? More Matcha
Beyond a catch-all ‘functional cold brew,’ Taika has further defined itself as “fueling creativity”; it just so happens that ceremonial grade matcha appears to be the preferred octane.
News
Taste Radio: Simple Is So Powerful. Complicated, On The Other Hand…
A promising brand shut its doors this week, and its founder claimed that a confluence of factors led to its demise. Taste Radio’s hosts, however, wonder if the company’s problems stemmed from a single simple issue. They also riff on the ubiquity of “brat summer,” toss Twinkies and pop bottles of the NA variety.
After An Ugly Breakup, Boisson & Its Former Partners Look For the Way Forward
The adult non-alc industry was rocked in April when pioneering retailer Boisson shut its nine physical stores and filed for bankruptcy. Now, many non-alc brands are still asking questions about the closure, while others are finding opportunity in a growing landscape.
Betting On BLU: Spirulina Beverage Rebrands
FUL Foods has relaunched its sparkling beverage as BLUwater complete with a packaging refresh and reformulated recipe that leans into the functional benefits and color of its hero ingredient, blue spirulina.
New Products: Fanta Summons Beetlejuice, Plus Mooala, Recess, BIGFACE & More
In this week’s new products roundup, BIGFACE ventures into the ready-to-drink coffee space, Fanta summons the one and only Beetlejuice and Recess expands its lineup of Zero Proof mocktails.
Zevia: Sales, Volumes Fall in Q2 Though ‘Demand is Healthy’
Net sales and volumes were down for Zevia during Q2 reflecting a mixed recovery in on-shelf distribution by channel, including some temporary challenges in club, according to the brand’s quarterly earnings report released yesterday.
Laird: “Eye-Popping” Ecommerce Growth Leads Q2 Earnings
Laird Superfood showed “tremendous progress” in Q2 posting net sales of $10 million on the back of its DTC and ecommerce growth.
Monster: Muted +2.5% Sales Growth Reflects ‘Unprecendented’ U.S. Situation; Alcohol Tumbles -31.9%
Monster Beverage Corp. struggled to overcome weak sales growth for its energy drinks in Q2, while its nascent beverage-alcohol division also took a step back.
NielsenIQ: Non-Alc Beverage Sales Worsen in Second Half of July
Non-alcoholic beverage sales growth decelerated as slightly stronger pricing growth was more than offset by weaker volumes in the two-week period ending July 27.
Insider Benefit: BevNET Exclusive Data Reports in Partnership with CGA
As part of our exclusive data series for BevNET & Nosh Insiders, we’re partnering with CGA by NIQ, a trusted On Premise measurement, insight & research consultancy to food & drink businesses across the globe, empowering growth & shaping On Premise strategies for success.
Insider Daily Briefing: Olipop Steps Out Of The Cold Case
In today’s Insider Daily Briefing, Olipop makes its long-awaited move to the middle aisle, while Celsius and Premier Protein maker BellRing Brands deliver quarterly earnings.
BellRing: Premier Protein Drives Double-Digit Q3 Growth As Powders Move Towards Mainstream
BellRing Brands – the producer of Premier Protein and Dymatize brands – reported 15.6% net sales growth to $515.4 million in its Q3 earnings report this morning as the company works to build up demand and household penetration for its shakes and powders.
GrubMarket Acquires Good Eggs
Food tech company GrubMarket has acquired distressed online grocery platform Good Eggs in the latest example of a highly competitive market for ecommerce food delivery companies.
Taste Radio: Recess (R)evolution. How This Pivot Helped Build A Relaxation Empire.
Ben Witte, the founder and CEO of Recess, talks about how he navigated a shift toward a product mix that realizes his vision of a relaxation beverage platform, how the company built a thriving online business and why consumer feedback is the key to its sales and marketing efforts.