Early Registration Pricing Ends TODAY, April 26 for BevNET Live Summer 2024
Today, April 26, early registration pricing expires for BevNET Live Summer 2024, taking place on June 12 + 13 in New York City. Register before the weekend and save $100.
New Products: Parch’s Collab With Daybreaker, Plus ZOA, General Admission, Mio & More
In this week’s new products roundup, Boston Beer Company grows its portfolio of non-alcoholic offerings, Parch launches its first ever co-branded product in partnership with Daybreaker and KEY enters the energy drink market with its ketone-infused beverage.
Pernod Ricard Sales Drop -2% As U.S. Double-Digit Declines Persist
Pernod Ricard is still facing headwinds in the U.S. and China after reporting a -2% organic decline in sales in the first nine months of FY 2024, with sales expected to stay “broadly stable” for the rest of the year.
Review: Bear Maple Sparkling Ginseng Elixirs
Bear Maple recently entered the beverage landscape with its first offering, a line of "sparkling ginger elixir" beverages. Positioned as a healthier alternative to classic carbonated soft drinks (CSDs), these elixirs combine ginseng's purported health benefits with the simplicity of clean, natural ingredients for an easy-to-enjoy drink.
KDP: Q1 Earnings Welcome New CEO, Focus On Coffee
Keurig Dr Pepper brought its incoming CEO to its Q1 earnings call which included positive sales growth, a slight dip in net income driven by the company's still-recovering coffee segment and a gross margin gain.
People Moves: Congo Brands Brings in Former Red Bull Exec Rappaport
Congo Brands, the Kentucky-based company behind beverage brands Alani Nu, PRIME and 3D Energy, announced today it has hired former Red Bull executive Mark Rappaport to serve as its first Chief Commercial Officer.
Nguyen Coffee Supply Achieves Its ‘American Dream’ with Target Launch
Specialty Vietnamese coffee brand Nguyen Coffee Supply is heading to the mass market with a launch into 500 Target stores across the country, a move that will grow the brand’s footprint for its RTD robusta bean coffees to over 300% since the start of the year.
Retail: Good Food Holdings Envisions Grocery’s Tech-Powered Future
Good Food Holdings has kicked off a bold new era for the company with its adoption of new in-store technology at all five of its banners, adding amenities like digital item tags, smart shopping carts, and apps with A.I. capabilities.
Surfside Rides Hard Tea Wave With National Distribution, New Flavors
Surfside, a fast-growing line of canned iced tea and vodka cocktails, is getting the summer par-tea started with five new SKUs and a distribution expansion putting the brand in over 40 states, the company announced today.
Foxtrot Fallout: Brands, Distributors React As Retailer Shuts Down
Outfox Hospitality’s former partners are waking up to a new world this morning after the company pulled the equivalent of a corporate Irish Exit yesterday by immediately shutting all 33 Foxtrot and two Dom’s stores nationwide.
PepsiCo: Quaker Foods Drags Q1 Amid Strong International Sales Growth
In its Q1 FY2024, PepsiCo reported moderate revenue growth driven primarily through its international business despite Quaker Foods pulling back on earnings.
Foxpocalypse? Foxtrot, Dom’s Kitchen & Market Shutter Stores Amidst Bankruptcy Rumors
Outfox Hospitality’s future is unclear today after growing reports indicate that the company has shuttered all its Dom’s and Foxtrot stores today with potential bankruptcy looming.
Taste Radio: Raising Capital? BFG’s $125M Fund Should Be In Your Sights.
Tom Spier and Dayton Miller, managing partners of BFG Partners, a venture capital firm with investments in several high-profile and fast-growing brands, including Olipop and Graza, dive deep into investment strategy, their evaluation of fast-growing categories, how they assess gross margin in the near- and long-term lifecycle of a brand and what a polished pitch says about a founder.
Early Registration Pricing Ends This Friday, April 26 for BevNET Live Summer 2024
This Friday, April 26, early registration pricing expires for BevNET Live Summer 2024, taking place on June 12 + 13 in New York City. Register before the weekend and save $100.