Celsius: Revenue Surpasses $300M in Q2 As Club & Amazon Sales Climb
Celsius Holdings reported record high Q2 revenue of around $326 million, up 112% from $154 million in 2022, during its latest earnings report this week.
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Costa Tequila Brings New Product to Market
Costa Tequila, the world’s first ‘Hi/Lo’ blend of tequila, has made continual investments in the brand throughout 2023, including expanding its product lineup with the release of Costa Tequila Café, introducing new markets with the addition of new distribution partnerships, and strengthening retail placements in 12 states with an 80% year-over-year increase in points of distribution.
Togronis Joins Forces with Scrappy’s Bitters in Exciting Partnership
Togronis, a ready-to-drink (RTD) cocktail brand specializing in premium craft canned Negronis and Negroni variations, is thrilled to announce a strategic partnership with Scrappy's Bitters, a renowned craft bitters company headquartered in Seattle, WA.
Tower Beverage USA to Donate 15% of Sales to Three Major Foundations
Tower Beverage USA located at 1 World Trade Center on the 85th FL In New York City announced that it would contribute 15% of its gross revenue from the sales of its craft soda and sparkling waters in 12oz slim cans, beginning on Sept 11th, 2023.
Rasa Now Sold On Shelves at Lazy Acres Natural Market
Innovative adaptogen beverage company, Rasa, and leading natural foods grocer, Lazy Acres Natural Market, have announced a strategic partnership to enhance Lazy Acres' product offerings with Rasa's unique coffee alternatives.
RTD Boba Teas Are Popping Off in Retail
Boba tea, with its signature tapioca pearls consumed via straw, was once considered to be a cumbersome and impractical product for ready-to-drink formats. But now, sales of the Taiwanese drink in bottles and cans are bubbling up – and fast.
Catching Up: Smootch Refines ‘Oat Water’ Positioning
In a world obsessed with oat milk, is there room for an oat water? There is, if you ask New Jersey-based startup Smootch. After debuting its four-SKU flagship line of electrolyte-packed, non-carbonated oat waters in 12 oz. cans at Natural Products Expo West last year, the brand has established a presence in Pennsylvania, New York, Connecticut and Rhode Island.
Zevia: Margins Rise As Supply Chain Issues Disrupt Inventory
Better-for-you beverage brand Zevia was already seeing an impact from its brand refresh despite a Q2 with slumping sales primarily due to supply chain disruptions.
Goode Health Introduces Expert Panel of Medical Advisors
Goode Health, a purpose-driven health and wellness company dedicated to revolutionizing lives through simple, effective, and science-based solutions, announces today a team of medical and nutrition experts joining the company in leadership roles, as well as the appointment of a Medical Advisory Board.
NielsenIQ: Non-Alc Beverage Sales ‘Healthy But Decelerated’
Non-alcoholic beverage sales “remained healthy but decelerated” in the two-week period ending July 29, according to an analysis of NielsenIQ data by Goldman Sachs Equity Research. Total dollar sales growth rose 7.6% year-over-year.
ansa Secures $9M in Funding to Boost Market Penetration
CoffeeTech startup ansa Roasting Inc. announces it has secured a total of USD 9M funding. Leading this fruitful round is Jibe Ventures, a Tel Aviv based early-stage fund.
Chlorophyll Water Now Available at All Giant Locations
Chlorophyll Water, the first ever bottled water in the USA to Clean Label Project Certification is now available at Giant locations.
Taste Radio: ‘Wild’ Concepts Create Loyal Consumers. This Is Why It Works.
How do breakout brands, particularly those that operate in trendy categories, build sustainable businesses? They cultivate authentic relationships with consumers by delivering on attributes they’re seeking. It’s how Wilderton, a maker of small-batch, non-alcoholic spirits crafted from raw botanicals, is paving its path.
Molson Coors Set to Acquire Blue Run As Spirits Biz Expands
Molson Coors has agreed to purchase Kentucky-based distillery Blue Run Spirits, marking the beer giant’s first spirits acquisition and the formal launch of its Coors Spirits Co. business. The amount was not disclosed.