News

Two Roads Breaks Into Spirits-Based RTD Segment with Daybreaker Vodka Cocktails

The Stratford, Connecticut-based craft brewery has launched Daybreaker, a family of ready-to-drink, vodka-based cocktails, available in three flavors: Blood Orange, Cran-Lime and Meyer Lemonade. All three are mixed with real fruit juice and vodka distilled at Two Roads’ Area Two research and development space.

Oatly Reveals Revenue Gains, Mounting Losses in IPO Filing

In 2020, revenue increased 106.5% year-over-year, outpacing the 72.9% growth from the year prior, with U.S. revenue representing $100 million, according to SEC documents. Citing Nielsen data, the company reported that retail sales in the U.S. grew 182% year-over-year.

Taste Radio: Barnana’s Secret Weapon? It’s Often Wasted.

Caue Suplicy, the founder and chairman of Barnana, which markets premium snacks made from upcycled bananas, spoke about how the company analyzed consumer demand to better understand how to market and promote the brand, its strategy for sourcing and utilizing sales data, why hiring from within has benefited the brand and how he has navigated the industry as an immigrant founder.

Coke: Q1 Results Reflect ‘Asynchronous’ Pandemic Recovery

Having struggled throughout 2020 with strong headwinds from the pandemic, The Coca-Cola Company saw net revenues increase 5% in the first quarter of 2021, with top line growth beating analysts’ expectations as volume sales are beginning to recover from last year’s lockdowns.

Dapper Barons Launches Liqueurs With Only 1.3g Sugar Per Serving

Cocktails are now on the menu for sugar-conscious drinkers, as Dapper Barons, a start-up beverage company, launches a new line of premium liqueurs with only 1.3g sugar per serving. The portfolio spans popular cordial flavors, including coffee, amaretto, triple sec, crème de menthe, and crème de cacao.

Our/New York Partners With Rethink Food to Release Vodka Infused with New York City Grown Basil

Our/New York – Manhattan's first distillery since Prohibition and producer of small batch, high-quality vodka – is unveiling its innovative basil-infused vodka, created with real basil sourced locally in New York City. The small batch infusion uses surplus basil from Brooklyn-based urban farm Square Roots, in partnership with transformational non-profit Rethink Food, to add a gentle basil flavor to the spirit.

CANTEEN Spirits Announces $31 Million in New Funding and Celebrity Investors

Austin-based ready-to-drink cocktail company, and purveyors of premium spirit-based canned cocktails, CANTEEN Spirits and CANTINA, announced today that it has raised $31 million (USD) in financing of both debt and equity led by ATX Global Coninvest, a subsidiary of ATX Venture Partners.

SweeGen’s Bestevia Reb M Heads to Final Approval in European Union

Navigating sugar reduction solutions in Europe just got better for food and beverage brands. Today, SweeGen announced its next generation Bestevia Rebaudioside M (Reb M) stevia sweetener is in its final phase before the European Union publishes the approval in a few months.

The “Refresh” in Refreshment: Diabolo Unveils New Packaging

With the term “soda” becoming a liability for beverage companies amid changing consumer habits, California-based Diabolo has unveiled updated branding, repositioning itself as a ‘Sparkling French Lemonade’ focused on taste and refreshment.

BIOLYTE Expands into QuikTrip Stores Across the Country

BIOLYTE – Touted as the world’s first “IV in a bottle” – announced its retail expansion into QuikTrip stores across Arizona, Georgia, North Carolina, Oklahoma, South Carolina & Texas. Created…

BOMANI Cold Buzz Launches in Northern California

SAN FRANCISCO, Calif. – BOMANI Cold Buzz, the award-winnning alcohol-infused cold brew coffee company, is expanding its footprint in Northern California with their latest launch in 200+ Safeway stores as…