Super Coffee Founder Jordan DeCicco Named Interim CEO
Super Coffee’s new CEO is a familiar face: founder and chief operating officer Jordan DeCicco has been named interim chief executive as Tyler Ricks departs.
Jimbo’s Pulls Best-Selling GT’s Kombucha After Organic Ingredient Pivot
Organic ingredients may not be a dealbreaker to most retail stores or customers, but for a dyed-in-the-wool natural grocer like Jimbo’s in Southern California, it’s exactly that.
BevNET Live Summer 2024: Explore Brand Architecture – and Brand Finance – with heywell, Aura Bora
There’s beverage brand development, and then there’s beverage company development, and BevNET Live attendees will get solid tactical advice in both areas during the upcoming BevNET Live Summer 2024 on June 12 and 13.
Golf Brand Bob Does Sports Swings into RTDs with Help From BevAlc Influencer Accelerator
The vast majority of shoppers (82%) can’t match influencers to the brands they own, according to a new report from Numerator— but that’s not discouraging influencer or celebrity brands from trying. One BevAlc company, co-helmed by the founder of hydration drink brand Roar Organics, is even building its business model around quickly bringing influencer brands to market.
New Products: TruMoo Star Wars Blue Milk, Plus Pop & Bottle, Sanzo, GURU & More
In this week’s new products roundup, TruMoo takes consumers to a galaxy far, far away with its Star Wars-inspired Blue Milk and coffee giants Starbucks and Dunkin’ release new flavored cold brew concentrates.
Monster: Net Sales Up Double-Digits in Q1
Monster Beverage Corporation reported double-digit net sales growth in Q1 2024, rising +11.8% to over $1.9 billion, according to the energy drink manufacturer’s latest earnings report this week.
Taste Radio: Walmart Is Getting ‘Better.’ But Will Brands Benefit?
When the world’s largest retailer launches a private label brand of better-for-you and affordable food and beverage staples, it stands to reason that their customers will benefit. But how will Walmart's new bettergoods brand impact its existing CPG suppliers? The Taste Radio crew weighs in.
Monster Co-CEO Rodney Sacks Announces Succession Plan in Q1 Earnings Call
Monster Beverage Corporation chief executive Rodney Sacks laid out a likely succession plan Thursday that will eventually see co-CEO Hilton Schlosberg taking over the role entirely, as Sacks is “considering” reducing his day-to-day duties sometime next year.
Tequila Regulators Take Aim at Additive-Free
In the past few years, “additive-free,” a term used to designate tequila that’s been produced without sweeteners and other artificial ingredients, has evolved into a buzzword. And it’s not just wellness crowds, celebrities, and big tequila brands that have clocked the trend— it’s Mexican federal authorities, too.
Distribution: Juvee Hits The Target, Supergut Gets GLP-1 Wild
In the latest distribution roundup, Juvee capitalizes on the reach of its new owners, Illicit Elixirs aligns with fitness and Lemon Perfect goes national in one of the biggest natural channel retail chains.
Nutrabolt Bolsters Leadership Team With Former Red Bull, Hostess Execs
Nutrabolt, the parent company of C4 Energy and Cellulacor, has revamped its leadership team with three new executive-level appointments.
Walmart Doubles Down On Private Label With Premium, Accessible bettergoods Debut
The country’s largest grocery retailer is setting up to capitalize on consumers’ growing affinity for private label offerings amid continued, heightened food prices. Walmart debuted its new store brand, bettergoods, today with over 300 unique products.
Beam Suntory Rebrands to Suntory Global Spirits
Beam Suntory is rebranding to Suntory Global Spirits, a move that both reflects back on the decade since the Japanese spirit giant acquired the maker of Jim Beam, as well as the company’s continued evolution into a global premium spirits and ready-to-drink competitor.
Coca-Cola Raises FY 2024 Sales Guidance on Global Demand, Price Hikes
The Coca-Cola Company raised its full-year organic sales guidance on Tuesday after posting first quarter 2024 earnings and revenue that surpassed analysts’ expectations, propelled by strong global demand amidst a “dynamic backdrop.”