Nutrabolt Bolsters Leadership Team With Former Red Bull, Hostess Execs
Nutrabolt, the parent company of C4 Energy and Cellulacor, has revamped its leadership team with three new executive-level appointments.
News
Walmart Doubles Down On Private Label With Premium, Accessible bettergoods Debut
The country’s largest grocery retailer is setting up to capitalize on consumers’ growing affinity for private label offerings amid continued, heightened food prices. Walmart debuted its new store brand, bettergoods, today with over 300 unique products.
Beam Suntory Rebrands to Suntory Global Spirits
Beam Suntory is rebranding to Suntory Global Spirits, a move that both reflects back on the decade since the Japanese spirit giant acquired the maker of Jim Beam, as well as the company’s continued evolution into a global premium spirits and ready-to-drink competitor.
Coca-Cola Raises FY 2024 Sales Guidance on Global Demand, Price Hikes
The Coca-Cola Company raised its full-year organic sales guidance on Tuesday after posting first quarter 2024 earnings and revenue that surpassed analysts’ expectations, propelled by strong global demand amidst a “dynamic backdrop.”
Taste Radio: For Elizabeth Banks, Entrepreneurship Is Like Acting: Unconventional Is The Only Way
Hollywood multi-hyphenate Elizabeth Banks and entrepreneur Marian Leitner, the co-owners of fast-growing canned wine brand Archer Roose, speak about the origins of their relationship; incorporating a sense of adventure, breaking rules and relatable humor into Archer Roose’ marketing strategy; and why entering Target meant being about “to swing at a pitch they could hit.”
Oatly: North America Spurs Q1 Margin Gains, Revenue Growth
Oatly hailed “progress on [its] three strategic pillars” during its first quarter 2024 earnings call this morning, casting a positive tone on a report that highlighted volume growth, margin gains and cost cuts.
OWYN Acquired By The Simply Good Foods Company
The Simply Good Foods Company (SGFC) is adding more muscle to its brand lineup. The publicly-traded company announced today it will acquire Only What You Need (OWYN) for $280 million in a cash transaction.
BevNET & Nosh Community Calls This May: Thriving on Sprouts’ Shelves, Foxtrot Fallout, Strategic Customer Collaboration, and Building Your Dream Team
Get ready for our May Community Calls! This month, learn what to do when a key account disappears, how to leverage NCG to amplify sales and distribution, find advisors and assemble a board, curate a winning portfolio with customer feedback, and get on shelf at Sprouts. Our May calls are free and open to the public - just register in advance and mark your calendar.
BevNET Launches New Press Release Portal
With our new self-service press release portal, you can get your press release / news posted more quickly with increased control over formatting AND the ability to make changes after publishing.
Profile: ‘Every Man’ Bottled Water Startup FNSH Hydration Hopes For Running Start
In the punishing marathon of growing a startup beverage company, the majority of brands, sadly, never make it to the finish line. But Jay Williams, the founder and “Chief FNSHer” of bottled water brand FNSH Hydration, has been preparing for this run for a long time.
Struggling CPG Lender Ampla Up For Sale; Brands Face Credit Concerns
An important source of working capital for early stage food and beverage entrepreneurs is in turmoil as fintech consumer brand lender Ampla and its investors have spent the last several weeks fighting off collapse.
Taste Radio: It’s Not Just You. Everything Looks The Same. Is That A Bad Thing?
Call it the millennial/Gen Z effect. A retro aesthetic is the defining characteristic of modern package design as new brands incorporate the vibe and culture of decades past into product labels. But has the trend made it more challenging for emerging brands to stand out?
Táche Pushes Pistachio’s Coffee Connections With New RTD Latte
Last month, the New York-based brand quietly introduced its first-ever single-serve product, Táche Pistachio Milk Latte, sold in 11 oz. cartons. A labor of love for founder/CEO Roxana Saidi, the drink is also a critical piece of the company’s growth strategy for growing awareness and acceptance of pistachio milks.
Beverage Vet Brandon Cason, Jason Aldean Team Up for New Hard Tea, Teabird
Brandon Cason, the founder of Canteen Spirits and Waterloo Sparkling Water, is moving into malternatives with the release of TEABIRD this week, a hard tea backed by country music star Jason Aldean.