Luxury Goes Green: Belvedere Vodka Transitions to Organic
James Bond favorite Belvedere Vodka made an announcement earlier this month: the brand has now transitioned to being fully organic.
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This Week’s New Products: ‘Euphoric’ Tonics, ‘Wholesome’ Shots and Key Lime Pie Seltzer
The height of summer is in full force and this week’s new products feature fresh hydration products from Nuun, new sparkling water flavors, better-for-you launches and more!
“Misleading, Inaccurate, and Fear-mongering:” The Industry Reacts To WHO’s Aspartame Ruling
Popular sweetener aspartame has been dubbed a “possible carcinogen” by global health standards, but domestic experts don’t believe it’s cause enough to begin reformulating just yet.
Taste Radio: Can Tesla Conquer CPG? It’s A Community Call.
When car companies start making tequila and beer, all bets are off. In this episode, the hosts banter about Tesla’s foray into beverage alcohol, what happens when the boss visits a satellite office, a sneak peek at the new digs for BevNET’s winter events, how entrepreneurs can get inside the minds of investors and why we’re big on packing vacation snacks and drinks.
MGP Ingredients to Close Kansas Distillery
Whiskey giant MGP Ingredients has announced it will cease operations at its Atchison, Kansas distillery come January 2024.
PepsiCo: Q2 Earnings Best Expectations, Optimism Behind Gatorade Innovations
PepsiCo bested analyst expectations in its Q2 2023 earnings report today, announcing net revenue growth of 10.4% in the quarter and 10.3% year-to-date. Organic revenue growth in the quarter was up 13% and the company raised its full-year outlook to 10% organic revenue growth, up from 8% earlier this year.
Barcode Shoots for a Game Changer with Victor Wembanyama Partnership
Newly drafted NBA prospect Victor Wembanyama signed a five-year exclusive global partnership with emerging sports drink brand Barcode to not only be the face of the brand but to be an equity investor helping steer innovation and growth strategy.
Sustainability-Focused Bruichladdich Revamps Packaging
Remy Cointreau-owned distillery Bruichladdich has revealed an eco-friendly revamp of packaging for its flagship whisky, the Classic Laddie.
Going Deeper on Polar Addiction: Comedian Josh Gondelman Talks Seltzer
Last week Slate published an ode to Worcester, Massachusetts-based sparkling water brand Polar Seltzer, guest written by comedy writer Josh Gondelman. We spoke with him to learn more about his homegrown love for Polar and to get a creative consumer’s insight into why the 141-year-old brand resonates so deeply with New Englanders.
How BuzzBallz Has Kept The Party Rolling
In a new ad campaign, Workaholics actor Blake Anderson takes on a question likely popping up on college campuses around the county: why does ready-to-drink cocktail BuzzBallz come in a round, tennis ball-sized bottle?
Bossa Nova CEO: Expansion Threatens to Outpace Operating Capital
Bossa Nova may be falling victim to its own success, founder and CEO Alton Johnson told BevNET last month. According to Johnson, the functional sparkling water brand has struggled to secure the necessary financing to maintain its business despite good margins and high velocities at its natural channel retail partners.
Perfect Day Lays Off 15% of Workforce, Shutters Consumer Biz & Coolhaus
Perfect Day has laid off roughly 15% of its workforce as it moves to exit its consumer-facing business, The Urgent Company (TUC), in order to focus solely on its B2B ingredient sales and nth bio “consulting” precision fermentation business.
The High Shelf: How CPG Will Play A Part In On-Premise Cannabis
Whether you choose to sip it, snack it or smoke it, consuming weed in any form in a public setting has been illegal – until recently. Slowly but surely, cannabis-friendly lounges are coming into existence and may present new opportunities for non-infused CPG brands.
NielsenIQ: Non-Alc Sales Stabilize as Volume Declines Slow
Non-alcoholic beverage sales stabilized in the two-week period ending July 1, as volume declines slowed against more moderate pricing action, according to an analysis of NielsenIQ data by Goldman Sachs Equity Research.