In this roundup of recent investment and M&A news, New York-based Grady's Cold Brew kicks off a crowdfunding investment campaign online, IFF and DuPont come together, and the merger of Peet's Coffee and Jacobs Douwe Egberts sets the stage for potentially the world's biggest publicly traded coffee company.
In this video recorded at BevNET Live Winter 2019 in Santa Monica, California, Wandering Bear co-founder and CEO Matt Bachmann dives into how his early stage coffee brand has interwoven its multi-channel strategy with its marketing strategy and minimized dependence on traditional retail outlets in order to meet consumers at the office, on the shelf and directly in their kitchens through ecommerce.
This week, members of the BevNET and NOSH editorial teams joined us for a discussion of some of the major news stories, trends and innovation from 2019. Among the topics of conversation were developments in the burgeoning cannabis CPG segment, explosive growth in the oat milk and sparkling water categories and the evolution of frozen food and plant-based meats.
Llanllyr SOURCE, the premium Spring Water and Natural Mixer brand, has been chosen by The West Hollywood EDITION hotel, which launched in November, for all of its bars and guest rooms. The move comes as the global hotel group moves towards a plastic-free and more sustainable-focussed future, having launched its Stay Plastic Free initiative in 2018.
In a complaint filed in Superior Court of California, Los Angeles County on September 11, three distributors — North Carolina-based Carolina Beverage Corp. and Dixie Riverside and Alligator Beverage, both headquartered in Georgia — claim Fiji Water broke their respective contracts by forcing retailers in their sales territories to stop accepting product deliveries and making no attempt to negotiate terms to service those accounts
Following a year plagued by out-of-stock issues and high shipping costs, plant-based food and beverage brand New Barn is scaling back retail distribution for its product portfolio to service only the West Coast as it focuses on integrating an omnichannel strategy in 2020.
Elmhurst 1925, maker of simple, nutritious and incredibly delicious plant-based milks, has announced the launch of three new 11-oz. Single Serve Milked Oats™ flavors: Single Serve Milked Oats™ Chocolate, Single Serve Milked Oats™ Vanilla and Single Serve Milked Oats™ Blueberry.
Staying true to tradition, but adding a compelling layer of innovation, Dallas-based Oak & Eden Whiskey has just announced the expansion of their product line by adding Wheat & Spire, a unique twist on wheated Bourbon.
While dairy will remain on top for the foreseeable future, the cold case is changing today. Dairy industry leaders, however, may be more prepared for that change than anticipated.
CEO Danny Stepper said L.A. Libations has hired five new team members in an effort to create departmental synergies and help the company “deliver on [its] commitments” to serve as the non-alcoholic brand building arm for Molson Coors.
Amazon Guru Betsy McGinn has joined Cascadia Managing Brands’ Advisory Board. Betsy is the co-author of The Amazon Roadmap: How Innovative Brands are Reinventing the Path to Market, the quintessential start-to-finish guide for brands who want to launch, recalibrate, or optimize their business on Amazon and ensure continued growth on this powerful platform.
Mimosas are no longer just for brunch, and they're now available to be shipped to your doorstep. Ohza Mimosas, the ready-to-drink, reinvented mimosa in a can, has officially launched online ordering and shipping to 29 US states.
HyVIDA Brands Inc., producer of the world's first hydrogen-infused sparkling waters, is pleased to announce that Mark Strome has been appointed to its board of directors. Strome's strategic business knowledge and entrepreneurial experience will help to strengthen HyVIDA's impact nationally and beyond.
In 2019, the beverage market saw a veritable flood of CBD-based beverage innovations. Although competition in the space may be tight, CBD beverage leaders are now looking to work together to take the category out of legal limbo and into the mainstream.
