The Boston-based high-protein chocolate milk and iced coffee startup is suing its co-packer, Horseshoe Beverage Co., for allegedly stealing Slate’s trade secrets to develop their own rival product for launch partner Costco.
In this week’s new products roundup, protein is king with new additions from Lean Body, Quest Nutrition, Joyburst and Genius Gourmet.
When Adam Spiegel founded Sonoma Distilling Company in 2010, it was the 15th distillery to open in California. Now the Golden State boasts more than 300 distilleries, more than any other state, and Spiegel is embarking on a new chapter aiming to help revitalize what he calls a “broken three-tier system.”
Cannabis beverages are at a crossroads where on the one hand it is seeking clearer regulation on the path to broader retail distribution, but aligning with the alcohol industry could sacrifice hemp drinks' key growth driver: ecommerce sales.
Aura Bora is acquired. Hiyo adds $19 million and a strategic partner. And Celsius drops $1.8 billion on Alani Nu. Oh, and Spindrift is back in the soda biz. Yeah, it’s been a busy week and the hosts have lots to say. We also sit down with Alex Duong, the founder & CEO of Fair & Square and Lena Zhuravsky, the founder of passionfruit-centric beverage brand Passion Joy.
This week's roundup of new product reviews is all about bubbles, in the guise of modern sodas from Shonen and Spindrift, plus flavored sparkling waters from S. Pellegrino and Not Beer.
The CPG Week team discusses the launch of a new soda line from sparkling water maker Spindrift just a month after its sale to a private equity group. Then, the group digs into the details of Celsius Holdings’ $1.8 billion acquisition of competitor Alani Nu and examines how the deal could impact distribution in the energy drink category as well as what the sale spells for prior owner (and PRIME maker) Congo Brands.
Even in a tough year, beverage brands that were able to show organic growth were also able to find investors willing to back expansion. Investors remained interested in the energy drink and modern soda categories, as well as protein-enhanced drinks and NA Beer.
Vita Coco announced it had recovered from supply chain challenges in Q3 with 20% net sales growth year-over-year in Q4 and a gross margin improvement of 2% for the full year.
The CEO of Republic National Distributing Company (RNDC) is out this morning following the distributor’s loss of two major suppliers in the country’s largest spirits market.
Watch founders and CEOs introduce their brands and provide a recap of recent news and updates. This week's special co-host is Dr. Sebastian Dreher, the Venture Manager - North America for DöhlerGroup, who shared his thoughts, questions and feedback with the participants.
Glancing at the adult non-alc (ANA) section of a store, most drinkers aspiring to moderate for the first time likely won’t find brands they recognize. They might prefer it that way.
KDP reported today a 5.2% year-over-year net sales increase to $4.1 billion in Q4, driven by segment growth in U.S. refreshment beverages and international markets despite dragging from an ongoing decline in U.S. coffee sales.
Sammy Hagar’s passion for tequila runs deep. But the iconic rock star, best known for his time as the frontman of Van Halen, has an even deeper commitment to earning and preserving the trust of his fans. Santo Spirits is where those two worlds meet.
