Wize Tea Sold to U.S. Buyer
Vancouver-based sparkling iced tea brand Wize Tea has been sold to an undisclosed acquirer, according to former CEO and founder Max Rivest.
News
Texas AG Opens Investigation into ‘Deceptive’ Celsius Marketing Practices
Texas Attorney General Ken Paxton has launched an investigation into Celsius Holdings, Inc., alleging the Florida-based energy drink brand has improperly marketed Celsius and Alani Nu to minors.
Why Saint Spritz Broke The Rules
Nearly every ready-to-drink (RTD) startup founder hears the same piece of advice: stay narrow, go deep, and prove velocity before you scale. But Saint Spritz went a different direction, and so far, it has paid off.
Inside the RTD M&A Frenzy: Carbliss, SpikedAde and Happy Dad Talk Different Strategies
As ready-to-drink (RTD) M&A heats up, Carbliss is open to potential acquirers, co-founder Adam Kroener made clear Wednesday at Beer Marketer’s Insights spring meeting.
Review: Summer Camp Puts Craft Iced Tea In Your Pocket
Sunglasses, sunscreen and iced tea. Could Summer Camp's innovative iced tea liquid sticks be a new seasonal staple? We explore.
Distribution: Recess Makes Club Debut as ‘Modern Unwind’ Space Heats Up
Recess has made its club channel debut through a new partnership with Costco, where it has launched a 15-pack case of its Zero Proof Mocktails.
The Daily Pour Acquires Whiskey Riot, Expanding Spirits Events Platform
The Daily Pour has acquired Whiskey Riot, a leading whiskey festival that travels the country. The deal marks The Daily Pour’s third major acquisition in 24 months as it aims to consolidate the premium spirits events landscape – while growing a non-alc festival as well.
The ‘Energy Refreshers’ Wave Is Moving From QSRs to CPG
Refreshers, the fruit-forward, functional drinks often with moderate caffeination, is expanding from QSR chains into CPG beverage.
Nestlé Acquires Meal Replacement Drink Brand YFood
The deal comes roughly two years after Nestlé acquired a 49% stake in yfood Labs GmbH, which launched in 2017 and sells nutritional supplements in 30 European countries across various formats including bars, powders and “complete meal” drinks.
Marketing: Danny Trejo Has a Baja Blast; Liquid I.V. Swings into Hollywood with Spider-Man
Actor Danny Trejo, best known for playing the titular character in the “Machete” franchise, is now starring in Mountain Dew Baja Blast’s latest national advertising campaign.
Right Coast’s Italian Ice Heats Up as It Adds New Markets, Expands in Trader Joe’s
Right Coast Spirits’ Italian Ice is heating up at Trader Joe's and riding high as in enters its third summer.
How Spade’s ‘Approachable,’ Anti-Functional Modern Soda Landed Walmart
Landing at Walmart, one of the largest retailers to establish “modern soda” as a defined shelf set, has helped validate the brand's thesis that functional claims aren't essential to the category.
Taste Radio: TRUFF’s Founders: ‘The Status Quo Is In All Of Our Hands’
TRUFF built its reputation by breaking the rules. As the company expands beyond its viral hot sauce with a major rebrand, new product lines, and a retail-focused growth strategy. In this episode, co-founders Nick Guillen and Nick Ajluni talk about how they are scaling the business without losing the edge that made it a phenomenon.
Ryl Tea Brings In $20M As Retailers Bet on “Modern Tea Movement”
Ryl Tea has added a $20 million Series C investment to fuel retail and distribution growth in mass and club channels.