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With inflationary pressures still impacting inventory cycles, brands will need to focus on core offerings and distinguish themselves by sharing more about their values in 2024, according to predictions from executives from MHW, a beverage alcohol importer and service provider, shared during a webinar.
In this week’s new products roundup, High Rise introduces its first THC-free line of beverages, Pressed Juicery gets into the Valentine’s Day spirit with its Love Shot and Victor Allen’s teams up with General Mills to transform a popular cereal into iced coffee.
Has Starbucks slipped on its own slick innovation? Why are spice-obsessed millennials grumbling about Huy Fong’s famous sriracha? And is space a new frontier for food and beverage? The hosts shared their thoughts and also opined on the food selection in a $2.5 million Super Bowl suite.
PepsiCo announced during its Q4 2023 earnings report relatively flat net revenue growth amid challenges in volumes and its North American Beverages and Quaker Foods businesses.
In good times, a rising tide lifts all boats – but right now, the hunt is on for seaworthy vessels, according to investors. Otherwise, judging by the last quarter of the year, it’s clear that the financial doldrums are going to stay for a while for brands.
Functional mushroom drink maker Odyssey has raised $6 million in a new funding round backed primarily by family offices and individual investors, as the Florida-based company seeks to build on expansion gains from 2023 this year.
Total BevAlc sales growth decelerated sharply in the two-week period ended January 27, reflecting accelerated volume declines and relatively steady average pricing growth, according to Goldman Sachs Equity Research’s latest analysis of NielsenIQ data.
In the first episode of CPG Week, Nosh Managing Editor Monica Watrous and reporters Brad Avery and Lukas Southard sit down to discuss the various M&A deals seen so far in the first month of the year.
Spirits sales in the U.S. were flat in 2023, but maintained a very slight revenue lead over beer for the second year in a row, according to the Distilled Spirits Council of the United States (DISCUS) in its annual economic briefing today.
The Coca-Cola Company is launching a new permanent addition to its flagship cola line this month: Coca-Cola Spiced, a raspberry and spice flavored soda available in original and Zero Sugar varieties.
Sport nutrition and energy drink maker Redcon1 announced today that Deion Sanders has joined the brand as a minority investor and will help build awareness and grow its beverage distribution into new retail channels.
BellRing Brands – the producer of Premier Protein and Dymatize brands – this week reported Q1 2024 net sales of $430.4 million, up 18.7% year-over-year, as it continues to grow and diversify its portfolio of protein shakes and powder supplements.
Pernod-Ricard is launching a slew of ready-to-serve (RTS) including two new Absolut Vodka varieties, Mojito and Raspberry Lemonade, and a line of Malibu Rum cocktails as it it positions towards convenience-oriented social drinking.
Non-alcoholic beverage sales decelerate during the two-week period ending January 27 as volume growth declines “accelerated in conjunction with a slight acceleration in pricing growth,” according to Goldman Sachs Equity Research’s latest analysis of NielsenIQ data.