With the RTD category at peak saturation, retailers and distributors want to know brands can bring incremental consumers – otherwise they’re not taking any chances, shared Cassie Finley, VP of customer development at Southern Glazer’s Wine and Spirits during the 2024 Winter BevNET Live conference in Marina Del Rey.
Saint James Iced Tea has signed a multi-year partnership at the Barclays Center offering advertising, activation and brand-building opportunities.
This year marked another 365 days of high excitement and anxiety, specifically in relation to the explosion of legal hemp-derived THC, as the push-and-pull of economic opportunities and legal hurdles combined into a dizzying cocktail that left us all feeling, well, a little high.
For a brand with a diminutive name, Small Town Cultures has big ambitions. Founder and CEO Cori Deans, talks about how she built a mission-driven fermented food company that is differentiated from legacy and upstart players and how it is attempting to expand the appeal and accessibility of probiotic-rich products via distribution in conventional grocery chains.
From the continued rise of the all-day drink to sophisticated zero proof concoctions, 2024 was a year of both nostalgic and progressive ideas in cocktails. So what’s in store for 2025?
Articles about the decline in alcohol consumption and the rise of non-alcoholic options have gotten a lot of buzz lately. Looking at the sales data, it seems to ring true.
Over the L52 weeks, Spirits demonstrated the most value to Total BevAl, having held the largest share of $ sold.
In this week’s new products roundup, Ocean Spray jumps on the powdered beverage train, good2grow grows its BIGGER juice line, and LEVIA takes inspiration from an iconic Massachusetts restaurant’s Scorpion Bowl cocktail.
Roughly a year after being acquired by SOURCE Global, aluminum packaged spring water brand Proud Source is hoping a new distribution pact with New York powerhouse Dora’s Naturals will get its increasingly national business flowing at the start of 2025.
Did anyone see this coming? Last week, BevNET learned that the Coca-Cola Co. and PepsiCo plan to launch prebiotic, low-calorie sodas in 2025. How will their respective forays impact the fast-growing category and what does it say about potential acquisitions of leading brands Olipop and Poppi? The hosts weigh in.
Seoul Juice, a brand of bottled Korean pear juices, has been acquired by Arizona-based CPG portfolio company FoodStory Brands, three years after its founding in a St. Louis University dorm room.
The U.S. hemp-derived THC product market is expected to have 2024 annual sales worth $3.5 billion annually, growing to $4.4 billion by 2029. Brightfield Group estimates that sales of hemp-derived THC beverages nearly quadrupled from 2023 to 2024, growing from $102 to $382 million in annual sales, and are expected to hit $750 million by 2029 with a leading 14% CAGR.
Diageo is reportedly exploring a sale of Cîroc Vodka, the brand once transformed by the support of disgraced music mogul Sean “Diddy” Combs, who is now in prison facing federal charges of sex trafficking among other crimes.
The first of two major reports that will inform the 2025 Dietary Guidelines for Americans’ alcohol consumption recommendations has found that moderate drinking is better than not drinking for certain health issues.
