With a stated purpose of establishing “a consistent and enforceable standard for labeling of foods produced using genetic engineering," legislators in the U.S. House of Representatives and U.S. Senate have introduced a new bill that would require mandatory labeling of genetically modified (GMO) foods and ingredients.
Sales of most carbonated soft drinks remain on a downward trend, while bottled water brands posted their worst month in the past year, according to new Nielsen data provided in a report by Wells Fargo Securities.
A new report from the International Bottled Water Association (IBWA) states that in 2012, overall consumption of bottled water jumped by 6.2 percent to 9.67 billion gallons, while sales increased by 6.7 percent, totaling $11.8 billion. The statistics were compiled by beverage consulting firm Beverage Marketing Corporation (BMC).
New Leaf Brands, which earlier this year announced plans to expand business operations via strategic acquisitions, has purchased Beverage Network of Maryland, a distributor in the Mid-Atlantic market with 20 brands and over 200 SKUs in its portfolio. New Leaf acquired Beverage Network for $2.9 million in cash and stock, and will retain Morris Stodard as its president.
A new study by The Boston Consulting Group (BCG) and Information Resources, Inc, (IRI) lists TalkingRain as the top performer among small companies ($100 million to $1 billion in retail sales) in 2012. The study, which analyzed 400 CPG manufacturers with annual revenues of at least $100 million, compared public and private CPG companies through dollar sales growth, volume sales growth and market share gains.
BevNET's 2013 Natural Beverage Guide is the beverage industry's largest guide to beverages targeting the natural channel, including juices, teas, bottled waters, CSDs, concentrates, powders, and other natural beverage enhancers. This key resource will be aimed at beverage retailers and distributors who are looking to include additional natural products.
For a company that counts 18-30 year old consumers as its “sweet spot,” the Coca-Cola Co., Inc. is a bit long in the tooth when it comes to its board of directors. That’s changing, according to an article in The Wall Street Journal which reports a slow, but steady, changing of the guard.
Three months after Carl Sweat stepped down as CEO of the company, FRS continues to reorganize its executive team and has brought back a familiar face to head up its sales department. Richard Libonate, who held the position of General Manager, Retail Sales for FRS from March 2008 to June 2010 has returned to the company as its Senior Vice President of Sales.
Ginkgo biloba is back in the spotlight – and for all the wrong reasons. Commonly sold as a dietary supplement and frequently used as an additive in a range of beverages, Ginkgo has been found to cause cancer in mice and rats, according to a two-year study by researchers at the National Toxicology Program (NTP), an interagency program tied to the U.S. Department of Health and Human Services and the National Institutes of Health.
No, it’s not a digitized psychedelic trip, it’s Coca-Cola’s first all-digital advertising campaign. And after rounds of studying the kiddies, it’s apparently what they want.
Brewbound, BevNET’s site dedicated to craft beer, has released the preliminary agenda for its upcoming business conference for craft brewers. The Brewbound Session will be held on May 2 at the Revere Hotel in Boston and provides an excellent opportunity to learn marketing, investment, and distribution strategies, as well as hear case studies of successful brands in a highly collaborative atmosphere.
Growing beverage companies have a new option for raising investment cash, and the Coca-Cola Co. has a new way to get involved in determining their future, taking a limited partnership stake in a new fund focused on non-alcoholic beverage brands. First Beverage Ventures has launched the new fund in collaboration with Coke’s Venturing & Emerging Brands (VEB) group -- along with several other investors -- to invest in small and emerging beverage brands.
National Beverage has announced a new partnership with premium tea company ITO EN to distribute the company’s Lacroix Sparkling Water brand throughout New York City. ITO EN, which markets and range of loose leaf and ready to drink tea products including Teas’ Tea and Oi Ocha, has begun distributing Lacroix’ products from its company-owned DSD house, which services 3,000 accounts in New York’s five boroughs.
The surging popularity of high pressure processing and cold-pressed juice has seized the attention of The New York Times, a publication that’s — apparently —fashionably late to this news. Also, The Boston Globe makes an assumption about the FDA and the Los Angeles Police Department wrestles with energy drinks.
