In the first step towards its goal of scaling a “best-in-class vertically integrated vice platform,” the newly formed Pacific Consolidating Holdings (PCH) announced today its acquisition and merger of two pioneering companies in the alcohol and cannabis delivery space: Saucey and Emjay.
San Francisco-based CPG company The Naked Market is ramping up for an aggressive new brand launch scheduled over the next 12 months with the debut of its first beverage product, a nutrition shake to be released under the Project Breakfast banner.
Brooklyn, New York-based chai maker Dona is spinning off its ready-to-drink portfolio under a new brand called Ouli, a move that the company hopes will attract investors and support its long-term growth ambitions.
Dean Eberhardt, co-founder & CEO of Hoplark, spoke about how getting fired from his own prior startup led him to a “lightbulb” moment and inspired the creation of the fast-growing hopped tea brand, his belief that he’s “a marketing textbook’s worst nightmare,” how the company has succeeded during the pandemic, and why he turned down a venture capital investment this past summer.
Sparkling yerba mate beverage brand CLEAN Cause announced today that it has named former Red Bull executive Chad Peffer as its president and chief commercial officer, a move with an eye toward helping the brand scale operations in the coming months.
Dunkin’ Brands has confirmed that it is in negotiations for a sale to Inspire Brands in a potential $8.8 billion deal, according to a report on Sunday in The New York Times.
We’ve got a great panel on hand, including trendologist Kara Nielsen, who is the director of food and beverage insights with WGSN, David Lemley, the president of branding firm Retail Voodoo, and Flashpoint Strategy Consulting founder Kate Ruffing.
ROAR Organic Expands in 7-Eleven; Harmless Harvest Launches Ecommerce; Jèn Collagen + Aloe Vera Drinks Grows Footprint; Lemon Perfect Enters Wegmans; Tractor Beverage Company Adds B.GOOD Locations
Jing Gao, founder & CEO of Sichuan-inspired sauce and seasoning brand Fly By Jing, discussed the origins of her passion for Chinese food culture and why she set out to create a brand that could elevate consumers’ expectations for the cuisine’s flavors. She also spoke about how she managed a surge in demand in 2020 and how she addressed racist comments posted on the brand’s Instagram page.
The Coca-Cola Company’s performance in Q3 has left Goldman Sachs Equity Research analysts encouraged by what they saw, with better-than-expected organic sales growth indicating a path to recovery in the months ahead.
While most launched pre-pandemic, online zero-waste grocery platforms have experienced accelerated growth, like many e-grocers have, since COVID-19 hit the U.S. in March and many shoppers quickly shifted their grocery shopping online.
Now on the cusp of its 20th anniversary, Propel is preparing for its biggest year of innovation thus far. First up is the launch of Propel Immune Support, a two-SKU line of flavored waters that contain 100% of the daily value of Vitamin C and at least 30% of the daily value of zinc in each 20 oz. PET bottle.
Slumping on-premise accounts “more than offset” an increase in retail sales for The Coca-Cola Company during Q3 of this year, according to a company earnings report released today. Global case unit volume fell 4% in the quarter, while net revenues declined 9% year-over-year. Organic revenues fell 6% and operating income was down 8%
Vertosa, a California-based cannabis infusion company specializing in emulsion technology, this month announced a slate of partnerships to develop THC-infused drinks with multiple beverage companies this fall, including beer maker Pabst Blue Ribbon (PBR) and sessionable tonic maker Cann.