Celsius: North America Revenue Drops 33% As Pepsi Cuts Kick In
Celsius suffered a 33% year-over-year drop in North America revenue during Q3, thanks in part to previously announced inventory cuts by distribution partner PepsiCo.
Celsius suffered a 33% year-over-year drop in North America revenue during Q3, thanks in part to previously announced inventory cuts by distribution partner PepsiCo.
As part of our exclusive data series for BevNET & Nosh Insiders, we’re partnering with Agrowgate, a leading expert of input material knowledge for beverage production across North America.
This month, dive into data-driven promotion strategies, explore on-premise and off-premise trends for RTD alcohol, discover how women’s health trends are shaping the CPG landscape, understand the impact of ingredient trends and inflation on growth, and gain insights into the current state of brand investment.
Black Rifle Coffee posted a sales decline in its cafe and direct-to-consumer businesses, reporting net revenue falling 2.3% to $98.2 million.
The grocery industry is big. Over $1 trillion a year. And complex: wholesalers, brokers, trade spend, inventory management, EDLPs. On the one hand, there are a small handful of mega chains that monopolize over 60% of grocery sales. On the other hand, there are thousands of grocers that a brand can work with. So where do you start?
Olivia Ferdi, the co-founder of calming beverage platform Trip, discusses how the brand’s philosophy of “product obsession” gave it a fast start and keeps it building towards a more promising future. She also explains why “the customer is sacrosanct” and how the company is applying lessons learned from success in e-commerce to its brick and mortar business.
Green Street Beverages, a portfolio company of infused food and beverage brands made with hemp-derived THC, has launched with four brands in Minnesota, including a new version of a previously introduced NA cocktail brand, Hi Tide.
ForceBrands, the preferred strategic talent partner for consumer brands, has released its 2025 Consumer Brands Salary & Market Trends Reports. These reports offer strategic tools to build your workforce and guide your career. Inside, you’ll find insights to guide pivotal hiring, retention, and career development decisions.
There’s zero doubt that the beverage industry is experiencing a new wave of CSD innovation, but what we call this reimagining is still a little fizzy. Gut Health Drinks? Functional Pop? Or we could follow the lead of Walmart last week and just call it a clean and simple “Modern Soda.”
Don’t miss your chance to submit nominations for the BevNET Best of 2024 Awards. The deadline has been extended through Wednesday, November 6th.
Celsius Holdings is moving towards vertical integration with the $75 million acquisition of its co-packing partner Big Beverages Contract Manufacturing LLC. The transaction was made with cash on hand and closed today.
Another episode, another billion-dollar deal. In this case, the buyer (KDP), if not the brand (Ghost), is somewhat surprising. The hosts have their say. They also highlight a couple spicy collaborations, but are divided on one of them. We also speak with Lexy Prosszer, an investment principal at U.K.-based venture capital firm Btomorrow Ventures, which is focused on investments in innovative, functional brands.
In this week’s new products roundup, De Soi debuts its first-ever limited edition flavor, REDCON1 resurrects the “first energy drink of the 80s,” and G.O.A.T. Fuel announces a multi-year partnership with Muhammed Ali Enterprises.
Non-alcoholic aperitif brand Ghia is making a much-anticipated leap into the natural channel next month, as it launches in over 100 Whole Foods Market stores in 12 states and in 43 Wegmans Food Market locations in Western New York.