Shaka Tea Shuts Down Two Years After Acquisition
Hawaiian beverage brand Shaka Tea is shutting down, according to a message the company posted to its website and sent out to email list subscribers this afternoon.
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Daily Briefing (Insiders Only): Simple Modern Slides Into Stick Packs
It might not be too surprising that a lifestyle company built around water bottles and travel mugs is extending itself into hydration beverages… it's a tale we know all too well. Simple Modern joined the fray this week, entering into the stick pack electrolyte drink category with the launch of Trevi Enhanced Hydration.
Taste Radio: How Honeygrow Is ‘Perfecting The Algorithm’ Of Its Brand
Justin Rosenberg, the founder & CEO of Honeygrow, the innovative and rapidly growing fast-casual restaurant chain, discusses the company’s sourcing strategy and its focus on serving “great” ingredients and “amazing customer experiences,” how he evaluates service and quality at individual locations, and why day-to-day management of the business – not an exit strategy – is always top of mind.
Daily Briefing (Insiders Only): High Givings
Cannabis products maker oHHo is seeing (RED). The New York-based startup has partnered with international healthcare non-profit (RED) which is focused on fighting AIDS, malaria and other diseases worldwide.
oHHo Sees (RED) in First Collab with International Medical Charity
Cannabis products maker oHHo is giving back via a new partnership with international healthcare non-profit (RED), the first time the charity has partnered with a cannabis brand, via a new line of co-branded THC drinks and edibles which will contribute to the charity.
Sazerac to Acquire Svedka Vodka from Constellation Brands
Constellation Brands has reached an agreement with spirits giant Sazerac to offload its Svedka Vodka brand, the company announced today.
Daily Briefing (Insiders Only): Inside The Fight To Curb The Plastic Crisis
Any hope of containing the rapidly-escalating global plastic waste crisis seems to have melted down after international negotiations on a framework to curb pollution collapsed over the weekend.
Taste Radio: Prime & Messi’s Mas+ Do Battle. Who Benefits? Plus, We Dip & Bake.
Days away from BevNET’s winter events in Marina Del Rey, the hosts discuss the legal battle between lifestyle fitness brands Prime and Mas+ by Messi and why it may help one company more than the other, regardless of the outcome. They also sample a big brand’s take on an ethnic classic and explain their love/hate relationship with an emerging brand.
How Sake Brewers Are Chasing Trends to Woo American Palates
In Japan, some of the country’s oldest sake brewers are eagerly awaiting a decision next month on their bid for the rice wine to win recognition as a UNESCO Intangible Cultural Heritage, a commendation reflecting the depth to which the beverage is tied to national pride and tradition. Other ambitious brewers, meanwhile, are just as eager to buck tradition altogether.
Vitamin Energy Accuses 5-Hour of Running ‘Illegal Monopoly’ in Lawsuit
Shot maker Vitamin Energy is gunning for the king of the category. The startup brand filed a lawsuit last week against 5-Hour Energy owner Manoj Bhargava and the brand’s associated companies, alleging it has violated U.S. antitrust and false advertising laws, wielding an unfair monopoly over the energy shots business.
A Drink With…Asheville Tea Co. Founder Jessie Dean
After Hurricane Helene pulled its production facility off its foundation, Asheville Tea Co. has used "unbridled optimism" as it rebuilds amid a challenging climate for raising new capital.
Taste Radio: The ‘Unapologetically Honest’ Way This Brand Sets Itself Apart
Josh White, the co-founder of pioneering canned water brand Cano Water, explains why he describes himself as “an accidental entrepreneur,” how a cold email helped the company land its first major retailer and how the brand is leaning into its British roots as it expands distribution into the U.S.
Investment Analysis: As a Dry 2024 Ends, Brands Should Invest in Self-Love
Big-brand portfolio reshuffling isn’t going to all of a sudden clear a pathway to acquisition for tiny brands to get scooped up by huge food concerns – at least not right now. Instead, strategics are looking for those billion-dollar acquisitions that can bring them tangible revenue gains.
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