Headlines

Building on the success of its sold out June event in New York City – which was attended by over 100 brewing industry professionals – Brewbound.com today announced plans to host its third gathering in its rapidly growing conference series on the business of craft beer. The Brewbound Session, happening November 29th in San Diego, Calif., focuses on offering an unmatched strategic learning and networking opportunity for craft brewers.

A high-profile hire and the gradual working out of supply chain kinks has created what VP of Operations Luke Zakka is calling “unprecedented opportunity” on the VBlast front. If he’s right, the addition of VP of Sales Bob Miller – a well-known and well-traveled commodity – will help VBlast capitalize on its vertical efficiencies and lend some density to an already wide-ranging geographic footprint.

The Internet rumor mill churned into high gear this week with word that hip-hop artist and Pepsi spokesperson Nicki Minaj was a leading candidate to join “American Idol” as a judge, except for a potential block of the deal by Coke, which has been a major sponsor of the reality singing competition for the past 11 years. However, it appears that the two soda giants will play nice in this case, with reports that Coke and Pepsi have given “Idol” execs and Minaj the green light on a partnership.

Less than a week after announcing its deal with New England Patriots tight end Rob Gronkowski, BODYARMOR has landed two more National Football League (NFL) players as partners and investors. The multifunction beverage company signed both New York Giants defensive end Jason Pierre-Paul and Philadelphia Eagles running back LeSean McCoy to endorsement deals that give both players equity in the business.

Diet Coke cans are about to get a new look. Beginning on Sept. 1, The Coca-Cola Co., Inc. will switch to a previously limited-edition design for Diet Coke cans, according to Advertising Age. The design, which was introduced last fall, features an oversized black “D” and red “k” cropped from the Diet Coke logo and a silver background, and represents the first time that Coke has made a permanent change to Diet Coke’s packaging in over five years.

A new report from SymphonyIRI indicates that consumers continue to worry about the economy and their personal financial situations and - hoping to find the best value for their money - are making more food and beverage purchases at dollar and club stores.

It happened quietly and without much detail, but TSG Consumer Partners – the same private equity company that backed Vitaminwater and that currently owns a chunk of Cytosport – took a minority position in Neuro earlier this year.

PepsiCo has named Debra Crew to a new role as president of PepsiCo Americas Beverages, as the company continues to shuffle leadership roles in its beverage business. The move comes as Sarah Robb O'Hagan, the head of PepsiCo's Gatorade business, departed the company. O'Hagan had been the president of Gatorade since 2011 and was largely credited with improving lagging sales of the brand by refocusing its marketing toward teen athletes.

Starbucks has announced plans to dramatically increase the production and distribution capacity of Evolution Fresh juices with the construction of a new juicing plant in Southern California. Starbucks, which acquired the ultra-premium juice company in November, will replace the company's current manufacturing plant in San Berdardino, Calif. with a new high-tech facility in Rancho Cucamonga, Calif., set to open in late 2013.

Thanks to the miracle of smart phones, my contacts often zap me photos of interesting store displays they spot in their market meanderings. One subset that we occasionally flag consists of ridiculously hot deals on purportedly super-premium beverages. And despite rhetoric from top brass to the contrary, it’s easy to get sucked into brand-equity-draining deals when you’re trying to hit a volume number or appease an important retail customer.

He’s kept a low profile since helping sell early acai competitor Bossa Nova to Sunny Delight Beverage Co., but REBBL CEO Palo Hawken hasn’t been completely out of the beverage business, he’s happy to say. In fact, REBBL is the "sort of the brand concept I’ve been working on for a lifetime,” Hawken told BevNET.

On the heels of a stock fiasco that has seen its share price plummet in recent days, Monster Beverage Corp. has authorized an additional $250 million repurchase of its outstanding common stock. Monster's announcement today appears to be an attempt to stem the tide after revealing last week that its second quarter earnings came up slightly short of analyst expectations and the company's disclosure that it had received a subpoena from an unnamed state attorney general.