News

Four World Champion Boxers Partner on Tequila Brand

The team of boxers joining the brand include Teofimo Lopez, Hall of Fame Heavyweight Champion Larry Holmes, Lightweight Hall of Famer Ray “Boom Boom” Mancini and “The Real Million Dollar Baby,” Maureen Shea Carranza.

Nielsen: Monster Outpaces Energy Category

Sales of Monster Energy outpaced the overall energy drink category in the two-week period ending February 27, according to an analysis of Nielsen data by Goldman Sachs Equity Research. Monster saw U.S. dollar sales rise 8.6% year over year in the two-week period to $5.74 billion, declining slightly from 9.8% in the four-weeks and 11% in the 12-weeks.

Cloud Water Closes $2.7M Seed Round

Having stepped beyond its core identity as a CBD drink last summer, New York-based Cloud Water today announced the close of a $2.7 million seed fundraising round set to fuel further expansion into the overall functional beverage space.

VMG Closes Fund V, Invests in Milton’s

An investor in Ilegal Mezcal and Stone Brewing, VMG will maintain a “strategic focus” on alcoholic beverages following Sunday's announcement that it has raised $850 million for its fifth fund, now known as the Growth Fund.

Spirits Gallery: New Names Enter RTD Cocktails

In this gallery, we highlight some of the notable new releases thus far, which features several well-known spirits brands -- including Bombay Sapphire and Ogden's Own -- making their RTD debuts.