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Taste Radio: Momofuku Is Extending Its Empire, And She’s Leading The Charge Taste Radio: Momofuku Is Extending Its Empire, And She’s Leading The Charge

Taste Radio: Momofuku Is Extending Its Empire, And She’s Leading The Charge

by BevNET.com Staff,

Zoe Feldman, the GM of consumer for acclaimed and influential restaurant group Momofuku, spoke about the vision for the company’s brand of restaurant-grade pantry essentials, the impact of founder David Chang’s media presence on awareness and product trial, why she can’t hit the brakes on growth, and the reason she only hires “Swiss Army knives.” She also discussed the brand’s role in the evolution of the ethnic aisle and why she is focused on the fundamentals of building a good business.

Vermont Passes Bill to Lower Taxes and Widen Access to Spirits-Based RTDs Vermont Passes Bill to Lower Taxes and Widen Access to Spirits-Based RTDs

Vermont Passes Bill to Lower Taxes and Widen Access to Spirits-Based RTDs

by Jessica Infante,

Vermont lawmakers have advanced a bill to lower taxes on and grant wider market access to spirits-based, ready-to-drink (RTD) canned cocktails. If signed by Gov. Phil Scott, the bill (H.730) will go into effect July 1. It would lower state excise tax on spirits-based RTDs from $7.68 per gallon to $1.10 gallon.

Searching for Sustainability in the Organic Spirits Business Searching for Sustainability in the Organic Spirits Business

Searching for Sustainability in the Organic Spirits Business

by Ferron Salniker,

When Phillips Distilling Co launched Prairie Organic Spirits in 2008, organic was an emerging trend, according to Meghan Murray, director of commercial marketing. Over a decade later, that mostly still holds true.

Bragg Targets ACV Gummies After Survey Reveals Confusion Bragg Targets ACV Gummies After Survey Reveals Confusion

Bragg Targets ACV Gummies After Survey Reveals Confusion

by Brad Avery,

Bragg Live Food Products is probing another flank in its ongoing attack on apple cider vinegar fueled gummy supplements, which it considers a threat to the business health of the 110-year-old brand.

Laird: $14M Net Loss Dampens Topline Growth Laird: $14M Net Loss Dampens Topline Growth

Laird: $14M Net Loss Dampens Topline Growth

by Martín Caballero,

Despite strong online and in-store numbers that helped push a 26% increase in year-over-year net sales to $9.6 million, Laird Superfood reported a net loss of over $14 million during Q1 2022, according to an earnings report released by the company on Friday.

Distribution Roundup: Jibby Brings CBD Cold Brews to NYC with Gold Coast; NXT LVL Enters Sprouts, MAPCO Express Distribution Roundup: Jibby Brings CBD Cold Brews to NYC with Gold Coast; NXT LVL Enters Sprouts, MAPCO Express

Distribution Roundup: Jibby Brings CBD Cold Brews to NYC with Gold Coast; NXT LVL Enters Sprouts, MAPCO Express

by BevNET.com Staff,

Backed by fresh capital and a new brand design, Florida-based CBD-infused drink maker Jibby is looking to keep its momentum going in 2022 by launching with New York-based DSD house Gold Coast; Performance beverage brand NXT LVL is seeding the ground for national expansion as the company announced distribution in several new retail chains around the country this week.

Black Rifle: RTDs, Outposts Push Net Revenue +35% Black Rifle: RTDs, Outposts Push Net Revenue +35%

Black Rifle: RTDs, Outposts Push Net Revenue +35%

by Martín Caballero,

Founded in 2014, the veteran-owned company has attracted attention from within and outside the beverage industry, thanks in large part by both the popularity of its pro-military merchandise and its expanding ready-to-drink product family. In February, Black Rifle went public via SPAC in an IPO valuing the company at around $1.7 billion. The company plans to reorganize as a public benefit corporation to reinforce its mission of serving veterans, law enforcement and first responders, including a commitment to hire 10,000 veterans.

FDA Releases Draft To Limit Lead In Popular Kids Juices FDA Releases Draft To Limit Lead In Popular Kids Juices

FDA Releases Draft To Limit Lead In Popular Kids Juices

by Adrianne DeLuca,

The U.S. Food & Drug Administration (FDA) has issued draft guidance to establish a new industry standard around safe levels of lead in juice products, as the agency aims to reduce children’s exposure to naturally-occurring toxic elements specifically found in ready-to-drink apple juice, among other juice and juice blends.

Not-So-Suddenly, Sotol Makes Inroads Not-So-Suddenly, Sotol Makes Inroads

Not-So-Suddenly, Sotol Makes Inroads

by Ferron Salniker,

With both tequila’s and mezcal’s growth rates soaring, the agave spirits category could surpass vodka in a number of years, according to the Distilled Spirits Council of the United States. While not an agave spirit, another new product from Mexico is starting to build an audience: Sotol.