Starbucks Corporation executive chairman and former CEO Howard Schultz announced Monday he will leave the company on June 26, ending his 36 years with the brand he led from its origins as a local Seattle chain to a global coffee juggernaut.
In this edition of People Moves, Laarni Niro is named COO at alkaline water brand AQUAhydrate; David Ross takes the helm at Live Soda; Townshend Group adds another Stumptown Coffee veteran; ABA President Susan Neely moves on.
British premium mixer maker Fever Tree opened a new U.S. headquarters today in Brooklyn, N.Y., taking direct control of all U.S. operations and signifying an increased focus on the North American market.
With the rise of online mega-retailers has also come the democratizing tool of direct-to-consumer (DTC) ecommerce. Within this fast growing space, many startups are now looking to subscription models as a tool to growing their business.
Michael Taylor, the vice president of non-alcohol at Anheuser-Busch who oversaw the acquisition of the Hiball and Alta Palla brands last year, has left the company to join Green Flash Brewing as CEO.
Carbonated soft drink (CSD) unit sales increased 3 percent in a year-over-year comparison for a four-week period ending on May 19, as reported in a generally positive Wells Fargo Securities beverage report on Nielsen sales data released earlier this week.
Roughly six months after departing premium water brand Voss of Norway as CEO, beverage industry veteran Jack Belsito has joined private equity firm First Beverage Ventures as a managing partner.
Why “Ocean’s Eleven” director and Academy Award-winning filmmaker Steven Soderbergh dove into the beverage biz with spirit brand Singani63; from single beehive to the number one honey brand in America, Nature Nate’s founder talks sweet rise to the top; One Culture Foods gets a lift from global cuisine.
As it develops a network of regional co-packer partners for its proprietary RAIN extraction system, beverage technology company Bkon is first focusing on cold brew, a category in which the company believes RAIN can hone in on the subtle flavors and notes of specialty coffees to recreate the diversity and sophistication seen in third-wave hot coffee.
Once derided as the scourge of America’s youth, cannabis is now being touted as one of the country’s biggest potential cash crops. As of 2018, 18 states and the District of Columbia have legalized medical marijuana use and sales, with a further eight states allowing for recreational use.
FORTO Adds Juice Press Stores for On Premise Growth; Tio Gazpacho Hits Walmart; KonaRed Accelerates National Growth; Celsius Announces Deeper C-Store Penetration; Ito En Partners with Kimball Distributing
People Moves: Tim Sullivan in as Interim CEO at Runa; Beth Wilson-Parentice Out of Sipp; Gerry David in at Jel Shot Co.; Campbell Appoints Roberto Leopardi President of Meals and Beverages Division
Mooala launched in 2016, and has since gained distribution through UNFI and placement in more than 1,500 stores, primarily focused in the Southwest close to the company’s Texas base, but with retailers in the Midwest and Northeast as well.
He made over $70 million off the sale of Pirate's Booty, but Rob Ehrlich is as passionate, driven and excited as ever about disrupting the food business with his latest venture, Vegan Rob’s; how the hard-charging DeCicco brothers, founders of fast-growing brand Sunniva Super Coffee, splashed into the “Shark Tank”; a Breezy ride with the co-founder/CEO of almond brand Skinny Dipped.
