Distribution Roundup: Secret Squirrel Expands Into Target
Secret Squirrel cold brew enters 380 West Coast Target stores, Andrews Distributing parts ways with Red Bull and Moonshine Sweet Tea moves into Harris Teeter stores in the Southeast.
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Bob Nakasone Joins First Beverage Ventures
Following the departures of Nantucket Nectars co-founder Tom First and former Glaceau executive Jason Camillos last year, the firm’s fund, First Beverage Ventures, has brought on a pair of investment professionals and a seasoned industry operator to manage its investment portfolio.
Monster Investor Call Reflects Mixed Fortunes in 2016
Executives from Monster Beverage Corporation discussed a variety of topics on Thursday during the company’s annual investor call, including the performance of its new Mutant “super soda” drink and the status of its forthcoming coffee innovation, Cafe Monster.
Press Clips: Chuck Norris Launches Bottled Water Company
Chuck Norris launches a bottled water company, PepsiCo CEO Indra Nooyi talks about protecting the environment while growing a major company, Thrillist looks at sparkling waters to challenge LaCroix, and The New York Times profiles Rohan Oza in the wake of the $1.7 billion Bai sale.
BevNET Podcast Ep. 41: Five Brand Attributes That Spell Success for Whipstitch Capital’s Mike Burgmaier
In this edition of the podcast, Burgmaier, who’s worked with several fast-growing and high-profile food and beverage brands, including Essentia, Spindrift and KeVita, discussed the current climate for CPG financing, competition for investment dollars and what he views as the key attributes for successful brands.
Rob Paladino Joins Pure Brazilian As CEO
Paladino joins the company following a two-year stint as CEO of WTRMLN WTR, where he oversaw record triple-digit growth for the cold-pressed juice brand.
Temple Turmeric Debuts New Drinking Vinegars and Shots in New York
Continuing to branch out from its signature elixir brand, Temple Turmeric expanded its lines of turmeric-based raw drinking vinegars and pure prana shots this month. The company debuted four new SKUs in New York last week, with plans to expand their distribution nationally by mid-spring.
Kellogg’s eighteen94 Makes First Investment in Kuli Kuli
Eighteen94 started discussions with Kuli Kuli last summer after seeing the brand present at an industry event.
Mehta to Birth Brands at Born Wild
Today entrepreneur and investor Zubin Mehta announced the launch of Born Wild Brands. Mehta most recently served as CEO at Nourish Snacks, a better-for-you snack company founded by TODAY’s Joy Bauer.
Organic Food Incubator Reborn In New Jersey
In an interview with BevNET, Schwartz said that he looked at approximately 30 potential new locations throughout New York’s five boroughs last year in an effort to retain the company’s identity. However, the cost savings available by moving to New Jersey were too enticing to ignore.
New Soft DRINK Bar Lands in Times Square
DRINK is a first of its kind non-alcoholic beverage bar located inside the American Eagle Outfitters in Times Square, New York City. Funded by venture capital firm Cleveland Avenue, the bar stocks 20 different small craft beverage brands from nearly every category in the industry.
People Moves: Q Drinks Adds Honest Tea Vets to Senior Sales Team; New COO for Zevia
Fast-growing premium mixer brand Q Drinks has added two longtime Honest Tea executives to its sales team as it looks to bolster its presence at retail stores. Meanwhile, Zevia today announced the promotion of Hank Margolis to the role of COO.
Rise Brewing Co. Hits the Gas with Nitro
Cold brew coffee is one of the fastest-growing segments in the beverage industry and surging demand has attracted hundreds of new brands to the market. Despite a crowded field, New York City-based Rise Brewing Co. believes its nitro-infused cans and kegs -- and a penchant for experimentation -- will help it rise above the rest.
Survey Results Reveal Manufacturers’ Support for HPP
The anonymous survey, conducted in September and October, asked participants to answer 15 questions about HPP safety, quality and efficacy, and to compare HPP to other pasteurization methods.