Celebrity spirits are growing sales on-premise— and at a premium. Consumers are paying 73% more per drink for a celeb-backed spirit at bars and restaurants, according to Union’s OnPrem Insights which gathers data from over 1,000 high volume accounts using the POS platform.
After a decade building the proof of concept for its sugar removal technology, NewTree Fruit Co. is finally ready to get going.
This Saturday, October 21st, marks the deadline for early registration pricing for not one, but three major events in the food, beverage, and beer industries, which are all taking place in Marina del Rey, CA this winter.
What defines compelling innovation? Novel ingredients? Esoteric flavors? Unusual packaging? The hosts discussed how strategic and entrepreneurial companies are attempting to innovate in food and beverage and what’s moving the needle for consumers. They also riffed on two new celebrity coffee brands, one launched by a “Yellowstone'' star and the other known for her status as a “teen mom.”
Convenience stores represent the next big opportunity for ready-to-drink cocktails, according to a new report from NIQ.
In this week’s new products roundup, Aprch unveils the first installment of its Photo Series collection, Instant IV teams up with Susan G. Komen to celebrate Breast Cancer Awareness Month and Califia Farms releases what it claims to be the first multi-serve, ready-to-drink matcha latte.
As predicted during its last earnings call in August, Pernod Ricard reported a -2% decline in organic sales in the first quarter of FY 2024, with dips in the U.S. and China bringing down overall performance.
BevNET Live Winter 2023, taking place December 3-5, will feature a panel with three new beverage brands that began D2C but are in the process of shifting to brick-and-mortar retail operations to carry the bulk of their sales.
Intent Brands has relaunched its functional drink line under the new name, Sly, as it positions toward providing a healthier, calming beverage option for gamers, streamers and the eSport community.
Flow Beverage will be filling a few extra TetraPak’s ahead of the planned divestment of its Aurora, Ontario production facility. The company announced today it signed a new co-packing agreement with beverage brand Joyburst that will see 15 million Joyburst Hydration branded beverages produced from the facility each year.
In this month’s new spirits roundup, The Macallan celebrates the anniversary of its Harmony Collection with sisters Stella and Mary McCartney, Yellowstone debuts its Special Finishes Collection and Solento unveils its latest LTO.
This Saturday October 21st, early registration pricing expires for BevNET Live Winter 2023, taking place December 3-5 in Marina del Rey, CA. Register now and save $100 per registration (Insiders save $200!).
Eat the Change (ETC) has brought in another $14 million in growth capital to fuel its quest of changing consumers’ eating habits by widening distribution of Just Ice Tea and further testing its Cosmic Chews snacks.
BevNET editor-in-chief Jeff Klineman at down with Joshua Schall, a BevNET contributing editor, to explore the evolution in energy drinks and the continued crossover of fitness and supplement trends in CPG, as seen at this year's NACS trade show.
