The letter cited claims from the JÙS By Julie website stating that several of its cold-pressed juices and soups included ingredients that could “fight diabetes,” “lower bad cholesterol,” “control blood pressure” and “offsetting common life disrupting ailments such as depression and ADHD,” among other benefits.
The Boston-based Cold Brew Tea company is currently seeking to raise $1 million in a series A funding round. Its ready-to-drink line is now available in more than 500 retail stores in the Northeast, including 33 Whole Foods Markets.
The Financial Times reports on Albertsons interest in acquiring Whole Foods, while Demi Lovato's Instagram endorsement of "detox" tea blend Teami sparks a backlash from some fans.
In this episode of the podcast, we discuss some of the big stories in the food and beverage business, including tough press for Juicero, operational issues for brands like Soylent and Reed’s, and the ways the largest, publicly-traded food and beverage companies are attempting to refresh their lineups through transactions -- and through change at the top.
Bai, which DPSG acquired for $1.7 billion in November, saw 80 percent volume growth over the quarter. While the company is optimistic for Bai’s flagship brand to grow, current predictions point to Bai Bubbles, Supertea, and Black having the greatest potential, particularly as the sparkling water category sees double-digit growth, according to DPSG CEO Larry Young.
Green Park CEO Livio Bisterzo described the venture as a true partnership, noting that Ugly will operate as separate, stand-alone vertical with co-CEOs and co-founders Joe Benn and Hugh Thomas at the helm.
The Coca-Cola Company’s goal of a “leaner, more agile operating model” will include cutting 1,200 corporate jobs across the company, incoming CEO James Quincey reported Tuesday during the beverage giant’s Q1 report to investors.
The company issued a statement announcing the recall on Friday. The statement was posted on its website and that of the U.S. Food and Drug Administration. According to Soylent’s shipping records, the recalled boxes each contain seven 15 oz. pouches and were shipped to 610 customers.
Industry veteran and Reed’s director Stefan Freeman has taken the reins as interim CEO while Reed assumed the newly created role of Chief Innovation Officer (CIO).
Last week PepsiCo removed bottled Stubborn Soda and Caleb’s Kola products from the market after discovering recent batches were inadvertently made with beet sugar. The craft sodas are normally formulated with Fair Trade Certified cane sugar and the gaffe was the result of a supplier error, according to the company.
The home juicer/foodtech startup, which famously raised $120 million in venture capital funding, seemed to be soaring for the stars. But as they say on the internet, life comes at you fast -- and the internet came at Juicero at the speed of life this week.
In a recent interview recorded for this edition of the BevNET podcast, Hippeas founder Livio Bisterzo credited the rapid success of the brand to marketing that’s less about the functional attributes of the snacks and more about reaching a broad base of consumers.
The company's move to a new 20,000 sq. ft. production facility, due to be fully operational this fall, helped make the deal to enter 4,500 GNC locations nationwide possible.
In this edition of Press Clips: Bulletproof is headed to the Big Apple; one year after Berkeley, Calif.’s tax on sugar-sweetened beverages took effect, citywide sales of sugar-sweetened drinks fell by nearly 10 percent; the first colorless coffee in the world hits the market.
