BevNET Best Of 2023 Awards: Nomination Deadline Extended to November 3
If you haven’t had a chance to submit your nominations for BevNET’s Best Of 2023 Awards, we have good news. We’ve extended the deadline to Friday, November 3.
Headlines
Analysis: Why NACS Left Us Hyped on Energy+
As expected, this month's National Association of Convenience Stores (NACS) trade show was a major showcase for the latest and greatest in the still-evolving "energy+" category, which has seen functional ingredients and fitness trends converge with product innovation (and some familiar candy flavors) to create a dynamic new force within the beverage market. BevNET contributor Joshua Schall tracked developments within the space at this year's show.
Taste Radio: What’s Generating Deal Flow & Investment? Plus, New Collabs We Love.
Why are some investors writing checks while others are content to stay on the sidelines? The hosts discussed a new survey that examines the dynamics of contemporary deal flow. They also spoke about opportunities for entrepreneurs to spotlight their brands at BevNET’s Winter 2023 events and highlighted two food brands that developed new snacks in collaboration with beverage companies.
New Products: Coffee Mate Iced Coffee, Plus GT’s, Harmless Harvest, Boxed Water
In this week’s new products gallery, Coffee Mate makes its first foray into the iced coffee space, GT’s launches a Target-exclusive new flavor and Boxed Water pays homage to the mischievous yellow Minions from Illumination’s Despicable Me.
Gnubees Locks In Coremark As It Eyes U.S. C-Stores
Gnubees believes its better-for-you, juice-adjacent kids drinks have a path towards capturing a significant piece of the category, and it is eyeing the convenience channel as its route to get there.
Campari: Weaker Q3 Amidst Market Normalization
Fueled by robust pricing and strong performances from its aperitifs, tequilas and bourbon, Campari reported 10.5% organic growth in its first nine months of FY 2023, though that news was tempered by weaker results in Q3, the company reported during its earnings presentation today.
New: BevNET & NOSH Community Call Podcast for CPG Insights On-the-Go
Today we’re unveiling the Community Call Podcast – an audio-based version of our dynamic and interactive series of expert conversations designed to engage and empower food and beverage businesses.
KDP: Beverage Grows, But Coffee Drags on Q3 Earnings
Keurig Dr Pepper (KDP) reported a 5.1% increase in net sales to $3.81 billion during the Q3, according to an earnings statement released this morning highlighted by the news of its distribution agreement with sports drink brand Electrolit.
Keurig Dr Pepper, Electrolit Agree On Long-Term Sales & Distribution Pact
Keurig Dr Pepper (KDP) this morning announced a long-term partnership with Mexican beverage company Grupo PiSA to distribute fast-rising sports drink Electrolit across the U.S., filling a major hole the KDP's portfolio that's been missing since watching BodyArmor flee into the arms of Coca-Cola back in 2019.
L.A. Libations Launches ‘Taste Tomorrow’ In-Store Cooler Program
A new in-store cooler program launched this year by L.A. Libations is leading to national expansion for Saint James Iced Tea and Hawaii Volcanic Water. The new merchandising initiative, dubbed Taste Tomorrow, began in July.
Elevator Talk: Twrl Milk Tea, Troov, Good+Ready Provisions, Spade, Beach Club Seltzer
Watch founders and CEOs introduce their brands and provide a recap of recent news and updates. This week's special co-host is Adam Louras, a founder and partner with Mercenary, who shared his thoughts, questions and feedback with the participants.
Casa Lumbre, F1 Champ Lewis Hamilton Debut Non-Alc Agave Spirit
Mexican spirits company Casa Lumbre is shifting gears into the non-alc category with one of global sports’ biggest names.
Report: Luxury Spirits Lag, Holiday Spending May Dip
As we approach the holiday season, consumers may be pulling back on their alcohol spending.
Distribution: Clear Skies for Local Weather, Polar Brings A-Game
In this latest roundup of distribution news, we check in with next-gen hydration brand Local Weather, plus track moves from MAKA, A-Game and Top Note.