Los Angeles-based private equity firm Butterfly last week announced its acquisition of a majority stake in “clean” protein brand Orgain. The deal is Butterfly’s fifth investment and second in beverage, following the purchase of fresh juice focused Bolthouse Farms earlier this year.
Despite declines in its North American business, Monster Energy Corp. saw net sales grow by double digits during the third quarter, the company announced in an earnings report yesterday. Speaking with investors during an earnings call, Monster vice chairman and president Hilton Schlosberg reported that net sales grew 11.6% to $1.13 billion, up from $1.02 billion in the third quarter of last year.
James McMaster, the CEO of Huel, a fast-growing brand of nutritionally complete meal replacement powders and RTD beverages, spoke about how the company manages sales and distribution in 80 countries, the challenges that come with rapid expansion and why formal referral programs are central to its consumer acquisition strategy.
In this gallery, we highlight a handful of notable new spirits releases in the categories, including two Extra Añejo tequilas (including PATRON's limited edition, oldest-ever release), Bently Heritage's take on new world gin and the debut of zero-alcohol Monday Gin.
Plain Spoke Cocktail Co., the Midwest-based canned cocktail company, has announced the launch of its newest cocktail, Brandy Old Fashioned. This is the fourth canned cocktail in its portfolio, along with Moscow Mule, Bourbon Smash and Mojito.
Heaven Hill Brands, the nation’s largest independent, family-owned and operated distilled spirits supplier completed the acquisition of Black Velvet Canadian Whisky, the second-largest selling Canadian whisky in the world, and the historic Black Velvet Distilling facility in Lethbridge, Canada, from Constellation Brands Inc.
Bearcat Infused Bourbon, the 80-proof infused bourbon created in honor of female distillers, bootleggers and industry innovators, is thrilled to announce added distribution at Meijer stores throughout Michigan this fall.
Premium CBD-infused beverage brand Good Day announced today the launch of its new SKUs, Chamomile herbal tea and Citrus sparkling water.
The Coca-Cola Company today announced the launch of sparkling water brand AHA, signaling its intention to seriously compete in the rapidly growing zero-calorie sparkling water category.
Although underlying net sales beat analysts’ projections, Keurig Dr Pepper (KDP) is still facing post-merger headwinds from its allied brands portfolio, the company announced in its third quarter earnings report today.
Red Bull announces the relaunch of the Winter Edition Plum Twist, offering the wings of Red Bull with the smooth taste of plum and cinnamon.
Heaven's Door Spirits, which produces an ever-evolving collection of American whiskeys in collaboration with Bob Dylan, announces the first expression of its limited edition Bootleg Series, a rare 26-year old whisky finished in Japanese Mizunara Oak barrels.
As a brand that stands for bold passions and actions, STōK Cold Brew Coffee is proud to show its support this Veterans Day with limited-edition camo packaging on its 48 oz. Protein Espresso product.
As plastic water bottle sales decrease amidst concerns over carbon and plastic waste, beverage giants are turning to other ways to profit from water, Bloomberg reported.
