On location at BevNET Live Summer 2023 in New York City, the hosts reflected on an exciting first day of the event, along with that of bar industry trade show Bar Convent Brooklyn, held on June 13 and 14. They also discussed an evening of cocktails with filmmaker and spirits entrepreneur Steven Soderbergh and a visit to Pop Up Grocer’s permanent location in Greenwich Village.
Leveraging learnings from the last 50 years was the theme of the Distilled Spirits Council of the U.S. (DISCUS) annual conference held in Chicago this week.
In this week’s new products roundup, Aprch Beverage Co. announces the second edition of its collaborative Partner Project, kumquat Energy dives into the energy drink scene and Three Trees unveils what it claims to be the first barista milk free of vegetable oils, gums, or stabilizers.
On the second day of BevNET Live Summer 2023 in New York City, a slate of speakers and panelists told stories and spoke about building successful beverage brands.
Parch was crowned the champion of BevNET’s New Beverage Showdown 25 today, joining a cohort of well-known beverage brands such as Rise Brewing Co. and Health-Ade who have also claimed victory in the bi-annual pitch competition.
Industry experts ranging from long-time entrepreneurs to grocery buyers and beverage investors shared their optimism about the road ahead for emerging brands, while also emphasizing the importance of a strong focus on business fundamentals and managing growth within the bandwidth of your balance sheet today.
Six startup beverage brands emerged from a field of 12 contestants to secure a spot in tomorrow’s final round of New Beverage Showdown 25 at BevNET Live Summer 2023, presented by Coca-Cola North America New Revenue Streams.
Non-alcoholic beverage sales picked up some momentum, accelerating sequentially while volume decline softened in the two-week period ending June 3, according to an analysis of NielsenIQ data by Goldman Sachs Equity Research.
On his regular trips to Acapulco, Mexican beverage manufacturer Alan Cohen has had a longstanding passion for the experience of drinking water from a fresh coconut pulled straight from the tree. However, despite various attempts to translate that experience into a CPG product, Cohen believed the taste has never truly been replicated.
Launched in 2022, Frazy - a DTC coffee, mocktail and boba tea company - was built to bring the personalized experience to specialty beverages. Less than a year in, the business has released a concentrate version of its customizable coffee platform bringing a shelf-stable, on-the-go format to the brand.
Pernod Ricard is expanding its non-alcoholic interests by investing in New Zealand-based brand AF Drinks through its venture arm, Convivialité Ventures.
Bars and restaurants are still traveling down the long road to recovery since the end of pandemic lockdowns, Bacardi is offering a potentially faster route.
After just six months on the market, female-focused energy drink Gorgie is already finding its stride. The New York-based brand founded by Michelle Cordeiro Grant announced the close of a $6.5 million pre-seed funding round today.
This week features a conversation with GN Chan, the founder of Double Chicken Please, a New York City bar widely recognized as one of the best in the world. As part of our interview, Chan explained his view of the bar as “a design and performance studio,” an innovative menu in which you “drink your food and eat your drink” and the regionality of non-alcoholic cocktail and spirit trends.
