Having posted consistent triple-digit retail growth over the past several months, energy drink brand CELSIUS reported quarterly revenue grew 157% to $94.9 million during its Q3 earnings call this week.
Dashfire, a family-owned artisanal bitters and canned cocktail company based in Minnetonka, Minnesota, introduces the first-ever Old Fashioned variety pack in time for the holiday season. The three-pack of 100ml cans includes the classic Bourbon with notes of orange and cherry, Cane & Allspice, and Rye & Ginger.
In this spirits news roundup: Vamonos Riendo mezcal ramps up distribution, VIDE expands reach through Southern Glazer’s network, Hecho Tequila reaches new markets through partnership with RNDC, Stoli Group unveils new eco-friendly bar model and Buzzbox displays sustainability features of its zero-waste production facility.
SLIQ Spirited Ice, a premium frozen cocktail pop company, announces the appointment of Chad Wiltgen of Cooper Spirits/St Germain and Jane Street Vodka Soda to National Sales Manager and Jodi Duncan of the Wine Group and Zing Zang to Director of National Accounts.
Bacardi, the largest privately held spirits company in the world, has announced Astrophel “Troy” Arquiza as the new Global Master Blender for BACARDÍ rum (the “Maestro de Ron”).
This week, Taste Radio’s hosts discussed one of the biggest deals in beverage history and what it might mean for future entrepreneurial drink brands, how a David rose up against a Goliath and notable products to cross our desks over the past week. This episode also features an interview with Kyle Peters, who recently made the gut-wrenching decision to shut down his high protein ice cream brand.
Laws Whiskey House, the award-winning grain-to-glass distillery in Denver, announces the release of their Cognac Finished Bourbon. Introduced in 2017 as one of the brand’s first projects in their Special Finish series, this new Cognac Finished Bourbon has been thoughtfully aged for more than four years and is finally ready to share.
Querido Tequila has appointed Johnson Brothers Distributors of Hawaii to bring a new wave of energy, authenticity, and excitement to the Hawaiian Islands.
ALOHA, makers of organic plant-based protein bars, powders and drinks, announced that Peloton instructor Kendall Toole has joined the ALOHA team. In a first-of-its-kind role, Kendall will anchor a year-long crowdsourced motivation campaign built on the power of community as a force for positive change.
Jones Soda reports double-digit Q3 growth and announces plans to move ahead on cannabis launch with eyes on early 2022 rollout; The Alkaline Water Company is seeing results from its sponsorship deal with Shaquille O'Neal, helping to reaffirm end of fiscal year guidance; Reed's is seeing high demand but also high inflation costs.
Oregon-based coffee brand Riff announced today that it has closed a $2.5 million series seed round with investors including former NFL tight end Vernon Davis and Continental Grain COO and former Anheuser-Busch president Dave Peacock. This latest financing round opened in 2019 and has provided the startup company with a stream of spendable capital to support its growth initiatives over the past two years.
Sports nutrition brand BioSteel announced today it has signed University of Connecticut women’s basketball freshman Azzi Fudd as its newest brand ambassador and partner, marking the brand’s first college-level NIL (Name, Image and Likeness) deal and bringing together one of the fast-growing brands in sports drinks and a rising star college athlete.
The National Association of Convenience Stores (NACS) is suing the U.S. Occupational Safety and Health Administration (OSHA) over its updated COVID-19 vaccination and testing standards, the trade group announced on Tuesday.
PepsiCo announced yesterday it will drop “Rise” from the name of its MTN Dew Rise Energy line, signaling a temporary win for cold brew coffee maker Rise Brewing Co. in the company’s legal challenge over claims of trademark infringement. The product will be renamed “MTN Dew Energy.”
