Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, announced that it has acquired a minority stake in wine brand Archer Roose – an accessible luxury wine brand focused on offering consciously-crafted, worldly wines to a new generation of legal drinking age (LDA) wine drinkers.
RISE Brewing Co. believes it still has a legal path forward after an appeals court ruled in favor of PepsiCo last month in a trademark lawsuit over the name of the MTN Dew Rise Energy line, but the startup coffee brand now faces a stronger challenge.
Monster Beverage Company reported a steep decrease in margins for Q2 2022 as the cost of materials and logistics weighed down record sales of $1.66 billion, a 13% increase from the same period last year. Yet those results were dampened by the soaring cost of sales, which jumped around 40% to $875.3 million.
Pursuit Spirits, founded by the creators of the popular podcast Bourbon Pursuit, have announced the 2022 release of their award-winning Pursuit United Bourbon and Pursuit United Rye.
THC-infused soda brand Green Monké lands Cookies as a partner for sales and co-branded product development. Meanwhile, Canadian cannabis producer Tilray plans to launch CBD-infused beverages in the U.S. through Southern Glazer's this fall.
In this week’s roundup of new products, Minneapolis Cider Company launched a new THC beverage brand, Olipop rolled out a better-for-you iteration of Dr. Pepper and La Colombe released its first sweetened cold brew fridge pack.
Rhythm Sparkling Hemp Beverages, a functional wellness beverage brand, is expanding its West Coast retail account base by partnering with Northern California distributor, San Francisco Naturals Inc, along with Republic National Distributing Company (RNDC), which will distribute Rhythm in Oregon.
Dairy Farmers of America (DFA) is the target of a class action antitrust lawsuit filed last week, alleging the largest national dairy cooperative has acted or has tried to act as a monopsony by constraining the Northeast raw milk market.
Monster Beverage Company confirmed its long-rumored entrance into beverage alcohol during its Q2 2022 earnings call on Thursday, announcing that Monster Beast Unleashed, a four-SKU line of flavored malt beverages (6% ABV), will launch in late Q4 2022 with the goal of being nationally distributed by the end of 2023.
Victor George Spirits (VGS) announced they have entered into an agreement for its portfolio of brands to be distributed throughout Florida by Breakthru Beverage, one of the nation’s largest distributors.
Ball Corp. plans to permanently close can manufacturing facilities in Phoenix, Arizona, and St. Paul, Minnesota, and delay construction of a new plant in North Las Vegas, Nevada, the Westminster, Colorado-headquartered company announced today during its second quarter financial results.
Wilde Irish Gin, a brazen response to the craft gin movement, launches this summer in California and Washington, D.C. Taking inspiration from its namesake, literary giant Oscar Wilde, Wilde Irish Gin emerges in a glorious flare of extravagance, from the bespoke book-shaped purple bottle to Wilde’s cane on the intricate silver cap.
Marketing firm Vericast explained in its “2022 CPG and Grocery TrendWatch” consumer report that brands who offer competitive pricing and promotions while optimizing the convenience of online shopping with the in-store experience are more likely to succeed across age groups during the current high inflationary period.
Reed’s, Inc. (NASDAQ: REED) (“Reed’s” or the “Company”), owner of the nation’s leading portfolio of handcrafted, all-natural ginger beverages, announced the launch of Reed’s Hard Ginger Ale.
