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Scheduled to launch online August 2, the 38th anniversary of the Delta Air Lines Flight 191 crash he survived, Lucky F*ck is a line of functional, zero sugar energy drinks made with Maca, Beta-Alanine, and 200 mg of caffeine per 19.2 oz. cans.
Campari reported 14% organic growth in the first half of the year— boosted by aperitifs, premium bourbon and tequila— but margins were affected by cost inflation.
The Coca-Cola Company surpassed analyst forecasts in its Q2 2023 earnings report today, announcing 6% net revenue growth in the quarter ending June 30.
A new report reveals what brands are dominating menus at the country’s most influential cocktail bars.
Watch founders and CEOs introduce their brands and provide a recap of recent news and updates. This week's special co-host is Rebecca Bernard, the founder of Empire City Brand Builders, who shared her thoughts, questions and feedback with the participants.
Non-alcoholic beverage sales picked up in the two-week period ending July 15, according to an analysis of NielsenIQ data by Goldman Sachs Equity Research. Retail dollar sales grew 10.1% year-over-year for the two-weeks, compared to 8.2% in the four-week period and 8.5% for the 12-weeks, according to the report.
Revenue from the spirits and cognac segment of LVMH fell by 11% in the first half of 2023 as Hennessy Cognac sales suffered from weak U.S. demand, according to the company’s half-year revenue earnings report released yesterday.
Hemp beverages may not be the novelty they were five years ago, but the industry is still going through some growing pains. Meet The Hemp Beverage Alliance (HBA): which officially formed this month to begin advocating for standardized products and best practices for producers up and down the supply chain.
The world’s leading cocktail conference, Tales of the Cocktail, kicks off this week in New Orleans, gathering thousands of bar professionals and spirit reps from across the globe.
High Brew Coffee, one of the first “third-wave” canned cold brew brands in the U.S., has been acquired by Latin American beverage portfolio company Beliv, the company announced today. Beliv is taking a 78% stake in the company.
Magnolia Bakery CEO Bobbie Lloyd and CMO Eddie Revis spoke about why the iconic bakeshop launched a CPG brand and the patient and thoughtful approach behind its development. They also discussed why consistency and quality guides their stewardship of the company, why they eschew trendy concepts and Magnolia’s collaborations with lifestyle brands.
As the lack of federal approval for CBD has pushed many infused brands to branch out beyond the hemp-derived ingredient to expand their businesses, Shimmerwood Beverages is doubling down.
Earlier this month, a report that the metalhead-approved canned water maker Liquid Death had hired Goldman Sachs to lead a possible IPO sent some heavy reverb through the financial and CPG worlds.
On a mission to eliminate barriers to wellness and exercise, Propel’s ongoing work with actor Michael B. Jordan is taking on a new dimension with the launch of the “Propel Your City Project” which aimed at supporting a specific partner organization in Los Angeles, Detroit, Houston and Atlanta to expand their individual reach and connect communities through movement.