An important source of working capital for early stage food and beverage entrepreneurs is in turmoil as fintech consumer brand lender Ampla and its investors have spent the last several weeks fighting off collapse.
Call it the millennial/Gen Z effect. A retro aesthetic is the defining characteristic of modern package design as new brands incorporate the vibe and culture of decades past into product labels. But has the trend made it more challenging for emerging brands to stand out?
Last month, the New York-based brand quietly introduced its first-ever single-serve product, Táche Pistachio Milk Latte, sold in 11 oz. cartons. A labor of love for founder/CEO Roxana Saidi, the drink is also a critical piece of the company’s growth strategy for growing awareness and acceptance of pistachio milks.
Brandon Cason, the founder of Canteen Spirits and Waterloo Sparkling Water, is moving into malternatives with the release of TEABIRD this week, a hard tea backed by country music star Jason Aldean.
FX Matt Brewing Company has made another strategic acquisition, this time in the spirits category. The Utica, New York-based brewery has acquired spirited-based RTD company ’Merican Mule, headquartered in Norwalk, Connecticut.
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.
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 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.
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.
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.
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.
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.
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, 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.
