As it looks to reduce cash burn and achieve profitability, alkaline water maker Flow Beverage Corp. reported record brand revenue for its flagship water line during its Q3 earnings report this week, growing consolidated net revenue 21% to CAD$10.5 million.
Campari Group and Catalyst Spiritsannounce Howler Head Bourbon – the official bourbon whiskey of UFC, the world’s premier mixed martial arts (MMA) organization, and the original super premium banana-flavored bourbon whiskey – is now available in Mexico.
With American whiskey on the rise, a major rye distiller was swooped up by an Italian spirits group, while veteran and new players in spirits made bets on U.K. brands finding success across the pond. We recap another busy week in spirits M&A.
Olesya Esclapez has been named Chief Financial Officer at E11EVEN Vodka. Olesya is a seasoned finance and strategy leader with over 15 years of global experience in the spirits industry.
In this week’s new products roundup, Aura Bora holds on to the remaining bits of summer with its Peach Honeysuckle flavor, BLNC launches two new THC-infused mocktails ahead of Sober October and Levo makes its debut in the energy shot space.
Stoli Group is pleased to announce the release of its latest collaboration, Kentucky Owl Maighstir Edition.
In its third year as the Official Spiced Rum Sponsor of the National Football League, Captain Morgan is releasing a flurry of clues that could score fans 21+ ultimate NFL prizes and experiences.
Amid a spate of high-profile investments and acquisitions, the hosts assessed Brooklyn Brewery’s alignment with Hoplark and what it means for the emerging segment of hop-centric beverages and also discussed the timing of Smuckers’ $5.6 billion purchase of Hostess Brands. This episode also features an expansive interview with Adam Crocini, the SVP and global head for food and beverage brands at Hilton.
Vietnamese coffee makers Nguyen Coffee Supply and Sang both increased their respective footprints in retail, Positive Beverage brings its energy variety packs to select Costco locations, Yesly makes strides in Texas and the Midwest, and Four Sigmatic finds more distribution in Albertsons.
InvestBev, a prominent player in the adult beverage industry and a division of Growth Beverage, is excited to announce its substantial $1 million investment in Ten to One Rum.
Illva Saronno Holding S.p.A., an Italian Multinational Company with a strong strategic diversification of business and products, announced a majority stake purchase of shares of Baltimore-based Sagamore Spirit rye whiskey brand and distillery.
GURU’s Theanine Fruit Punch flavor helped drive sales according to the Canadian energy drink company’s Q3 2023 earnings report released today, setting the stage for a U.S. launch this winter. Quarterly net revenue for the brand was up 15% year-over-year to $8.9 million, with gross profit of $4.5 million thanks to sustained strong margins, the company reported.
The rising costs of retail have pushed The Planting Hope Company to shift its growth strategy outside of the grocery store.
Chopin, the world’s first super-premium vodka from the last Polish vodka-making family in Poland that catalyzed the luxury vodka phenomenon in 1993 celebrates its 30th anniversary with the release of Chopin Vintage Vault 30-Year-Old Original Batch Vodka.
