Reed’s, Inc.’s rebranded Virgil’s soda line helped spur a 29 percent increase in gross margins in the third quarter, CEO Val Stalowir told investors during the company’s Q3 earnings report this week. According to Stalowir, buyer interest in Virgil’s Zero Sugar helped Reed’s to open 1,100 new doors in Q3.
Ugly Drinks co-founders Hugh Thomas and Joe Benn discussed growth planning for both the U.S. and U.K. markets, how the perspective of Ugly as a “digital brand” has shaped its overall business strategy, and how its loyal consumers -- aka the “Ugly Mob” -- have enabled the company to rapidly iterate and innovate.
The first-ever U.S. Access to Nutrition Index, produced by the Access to Nutrition Foundation (ATNF), an independent non-profit organization, assigns a numerical score on a scale of one to 10 based on an evaluation of what the top ten food and beverage companies in the U.S. are doing to increase consumers’ access to healthy and affordable products.
Nootropics, sometimes called “smart drugs,” are a niche but rising segment of the supplements industry that is extending its reach into beverage via shots and energy drink alternatives that promise consumers better focus, better memory, and improved overall mental function.
Dave Colina, founder and CEO of O2 Natural Recovery, has found a viable market within the crossfit community and is looking to scale beyond. O2 Natural Recovery is a non-carbonated natural sports recovery drink with increased oxygen and electrolytes.
The soda and snack giant’s food and beverage accelerator, already launched in Europe, yesterday announced the nine brands to join the program’s inaugural North American class.
An increase in dollar sales for sparkling flavored waters and energy drinks helped offset slow growth in carbonated soft drinks (CSDs) and a decrease in tea over a four-week period ending on Nov. 3, according an analysis of Nielsen data by Wells Fargo Securities. Total snack and non-alcoholic beverage sales were up 2.9 percent.
NBA legend and BodyArmor investor Kobe Bryant joins Taste Radio for a discussion exploring his work with the fast-growing sports drink brand and how he’s leveraged his experience as a professional athlete to support its development.
As CBD continues to infuse itself within the beverage industry and with talks of an upcoming Farm Bill clearing a path for opening the market for CBD products, several new brands -- Joybird Wellness, Recess, Lumen, and DRAM Apothecary -- have emerged with fresh takes on the trend.
According to president Andrew McCain, Hensley is approaching 3 million cases of volume shipped for its non-alcoholic portfolio this year, with annual growth expected to land between 15 and 20 percent for the next few years.
In a year marked by executive restructuring, Celsius Holdings Inc. continued its run of consistent growth in the energy category, announcing a 54 percent increase in year-over-year revenue in its Q3 earnings report released on Thursday.
Just three years after launching, wellness shot brand Vive Organic landed a $7 million funding round. In this episode, founder/CEO Wyatt Taubman opened up the company playbook and gave brands looking to raise money a must-hear play-by-play of how the deal got done.
Monster is fighting against increased competition in the energy space, CEO Rodney Sacks said during the company’s Q3 earnings report yesterday, including from one of its most prominent shareholders: The Coca-Cola Company.
Keurig Dr Pepper (KDP) enjoyed increases in net sales and operating income in the third quarter, during which the company also completed its merger of Keurig Green Mountain and Dr Pepper Snapple Group.