Charlotte-based Axum’s portfolio companies – including its latest acquisition, NBA star Victor Wembanyama’s fledgling hydration drink Barcode – will gain access to “strategic guidance” from L.A. Libations.
Lifeway recorded another quarter of sequential sales growth, though headwinds from elevated milk prices tempered short-term performance.
There were many kinds of party drinks before 2010, but we’d bet none of them came in colorful plastic orb-shaped containers. BuzzBallz, the Sazerac-owned ready-to-drink (RTD) party prop, doesn’t just stand out for its spherical shape, but for what it represents about how people are drinking these days: with entertaining, high-ABV, convenient formats.
While taste is on-point, Coco Love Coconut Water's branding and messaging feels slightly underdeveloped in a highly competitive category.
This month's distribution moves are headlined by ready-to-drink (RTD) gin cocktail The Original Southside landing in major retailers, a wave of Southern Glazer's (SGWS) additions spanning vodka, rum, and scotch, and distributors scooping up new territory in the wake of Republic National Distributing Company's (RNDC) collapse.
Mountaintop Beverage is planning a major expansion of its low-acid aseptic manufacturing business, adding 250,000 sq. ft. of capacity as it seeks to capitalize on rising demand for functional beverages.
Enhanced water brand, Chaser, is raising a $2 million seed round as it scales its operations to push deeper into retail.
Functional beverage brand RYSE is defending itself against allegations made in a proposed class action lawsuit, calling claims that its Clear Protein line contains less than the advertised protein content “baseless.” RYSE was sued by California resident Daniel Ruchman in May. In a statement to BevNET, RYSE founder and CEO Nic Stella called the claims false and said the business intends to fight the lawsuit.
Christian Patiño Webb joins OLIPOP after a four-year run as CEO of sports drink brand Electrolit.
Cold brew specialist Wandering Bear is bringing its 8 oz. single-serve cans and 32 oz. multi-serve cartons into Target.
KEG 1 River City (K1RC) has signed a letter of intent (LOI) to acquire Republic National Distributing Company's (RNDC) Kentucky assets, the companies announced today. The deal follows news late last week that Breakthru Beverage Group was pulling out of its deals for RNDC’s Kentucky and Indiana operations.
Founded four years ago, non-alcoholic apéritif UK-based Botivo is up 408% year-over-year in all retail outlets, according to Circana’s tracking of no-and-low spirits value sales over the last 52 weeks ending June 13. The secret? A product and brand strategy built entirely around pleasure rather than moderation.
What makes a brand worth betting on? Ken Sadowsky, affectionately known as “The Beverage Whisperer,” returns to Taste Radio with a sharp look at where the biggest opportunities — and potential pitfalls — are emerging across the beverage category.
AG1 has released its second new product this year, a gummy supplement called AG1 Essentials Gummies.
