CPG Week Podcast: Musings On M&A Deals
In the first episode of CPG Week, Nosh Managing Editor Monica Watrous and reporters Brad Avery and Lukas Southard sit down to discuss the various M&A deals seen so far in the first month of the year.
News
Planting Hope Announces Distribution of Hope and Sesame Barista Blend Sesamemilk in Costco Warehouse Stores
The Planting Hope Company Inc. (TSXV: MYLK) (OTCQB: MYLKF) (“Planting Hope” or the “Company”), a dynamic Foodtech innovation company dedicated to creating breakthrough delicious, sustainable food and beverage solutions through cutting-edge ingredient, formulation, and packaging technology, is pleased to announce that it has launched its Hope and Sesame Barista Blend Sesamemilk in 20 select Costco Warehouse Stores across the Pacific Northwest region of the United States.
DISCUS: 2023 Spirits Sales Flat; RTD Retail Access Legislative Priority
Spirits sales in the U.S. were flat in 2023, but maintained a very slight revenue lead over beer for the second year in a row, according to the Distilled Spirits Council of the United States (DISCUS) in its annual economic briefing today.
Coke Debuts Permanent ‘Spiced’ Flavor, Discusses 2024 Strategy
The Coca-Cola Company is launching a new permanent addition to its flagship cola line this month: Coca-Cola Spiced, a raspberry and spice flavored soda available in original and Zero Sugar varieties.
Redcon1 Goes “Prime Time” With Deion Sanders
Sport nutrition and energy drink maker Redcon1 announced today that Deion Sanders has joined the brand as a minority investor and will help build awareness and grow its beverage distribution into new retail channels.
BellRing: Premier Protein ‘Drives Outperformance’ in Q1 Though Supply Remains ‘Tight’
BellRing Brands – the producer of Premier Protein and Dymatize brands – this week reported Q1 2024 net sales of $430.4 million, up 18.7% year-over-year, as it continues to grow and diversify its portfolio of protein shakes and powder supplements.
Convenience Cocktails: Pernod-Ricard Goes Deeper In RTS/RTD
Pernod-Ricard is launching a slew of ready-to-serve (RTS) including two new Absolut Vodka varieties, Mojito and Raspberry Lemonade, and a line of Malibu Rum cocktails as it it positions towards convenience-oriented social drinking.
Crystal Light Debuts Bold Brand Refresh With First Innovations and Logo Change in Over a Decade
The Crystal Light brand debuts three innovative additions to its portfolio for the first time in over a decade with the launch of Mixology, Immunity and Energy product lines.
Data: Non-Alc Beverage Sales Decelerate, Hindered By Sharper Volume Declines
Non-alcoholic beverage sales decelerate during the two-week period ending January 27 as volume growth declines “accelerated in conjunction with a slight acceleration in pricing growth,” according to Goldman Sachs Equity Research’s latest analysis of NielsenIQ data.
Elevation Evolution: Flavor, Ingredient, and Function Advisors Develop MTN Ready
MTN Ready aims to bring a narrowly specific function to a mass audience with its powder drink mix: treating the nausea, headache, listlessness and other effects of high altitudes.
CELSIUS Announces Presenting Sponsorship With Breakaway Music Festival for All 10 Tour Stops
CELSIUS, the premium lifestyle energy drink formulated to power active lifestyles with ESSENTIAL ENERGY, announced its multi-year partnership with Breakaway Music Festival, the nation’s largest multi-city music festival.
BevNET & Nosh Community Calls This February: Standing Out at Trade Shows; Expo West Updates; Conserving Capital with Gerry Khermouch and Ken Sadowsky; Ghia’s Out-of-Home Marketing Strategy
This month, explore Ghia's smart out-of-home strategy that conquered the non-alcoholic market, The Fresh Market, Goodles, and Pocket’s Chocolates share tips for attracting buyers and decision-makers at Expo West, get updates on Expo West with the event team, and Gerry Khermouch and Ken Sadowsky share insights on how to optimize resources during fundraising challenges.
Miami Pickleball Club Adds Electrolit As Official Team Hydration Drink
Miami Pickleball Club announced a new sponsorship with the preferred, premium hydration brand, Electrolit.
Raise the Bar at Home With Diageo’s Astral Margarita
Diageo is shaking up the cocktail scene with the launch of the Astral Margarita, the sixth and latest offering in its popular line of ready-to-serve cocktails, The Cocktail Collection.