Teatulia Expands Tea Soda Line; Mother Kombucha Adds 840 Publix Stores; Basis Adds Safeway in Colorado; Sol-ti SuperShots Line Goes Chainwide in Publix; Brooklyn Crafted Adds Extra Spicy Ginger Beer Cans in Sprouts; Phivida Launches Oki in Florida; Cirrus Expands in Southeast and Mid-Atlantic
Reed’s Inc. continued its uneven 2019 commercial performance in the third quarter, as production challenges for the ginger ale maker sparked a 19% decrease in net sales during the period, according to financial results released by the company.
This week’s episode features interviews with the leaders of four entrepreneurial companies -- PathWater co-founder and CEO Shadi Bakour, Lumi Juice founder/CEO Hillary Murray, Aloha CEO Brad Charron and Origin Almond founder/CEO Jake Deleon -- reflecting on advice that, in hindsight, they should have avoided.
Honest Tea co-founder and president Seth Goldman is stepping away from the brand at the end of this year to focus on his role as executive chair at plant-based meat brand Beyond Meat, he revealed in a statement on Thursday.
On Monday, Super Coffee will introduce two new additions to its portfolio: Super Cold Brew and Triple Shot Espresso. Unlike the brand’s flagship Super Coffee line and its Super Espresso SKUs, the new products will not contain protein or MCT oil. Instead, both will be zero calorie and contain L-Theanine sourced from green tea.
Colorado-based New Age Beverage Corp. reported net revenue climbed 5.3% during the third quarter, according to financial results released this morning.
Fiji Water president Elizabeth Stephenson is no longer with The Wonderful Company, according to an email from the company. The company declined to comment further
Innumerable sweetened beverages have for decades had to contend with being dismissively called “sugar water.” But for Texas-based startup Bhoomi, the term comes with a sense of pride. Founded in 2017, Bhoomi produces a line “cane waters” made from cold-pressed sugarcane stalk.
Joshua Miller is the co-founder of Owen’s Craft Mixers, a brand that aims to deliver the highest quality craft cocktail mixers on the market. Designed with convenience in mind, the products’ recipes feature all the necessary ingredients — including carbonated water, real juice and cane sugar — to easily make a variety of cocktails by simply adding spirits and ice.
Plant-based functional beverage maker WellWell has closed a $3.9 million Series A funding round led by Sweat Equities, the company announced on Tuesday.
The dairy producer announced today it will use the bankruptcy process to “protect and support” ongoing business operations and address debt and pension obligations. Dean Foods has secured $850 million in debtor-in-possession financing from existing lenders to support continued operations ahead of an eventual sale.
T.K. Pillan, the co-founder of vegan restaurant chain Veggie Grill, discussed his transition from tech to food and the “light bulbs” that led to the creation of the company. He also discussed why it’s critical for co-founders to be aligned on vision and values, what it means to be “a good investor” and the evolution of plant-based food brands.
OWYN Names Mark Olivieri President; Sweet Reasons Brings On Industry Vets; American Beverage Association Announces New Board Members; New Age Names Julie Garlikov as CMO; Rob Paladino Joins Sol-ti as President; David Kroll Exits COCO5
Fitness energy drink brand Celsius saw domestic growth boost overall revenue 23% during the third quarter, according to financial results released by the company last week.