BevNET Live Winter 2023 Cocktail Showdown: Meet the Finalists
It’s time to reveal the finalists for BevNET’s Cocktail Showdown, our business pitch competition for RTD cocktail brands taking place during BevNET Live Winter 2023 in Marina del Rey, CA.
Monster: Growth Remains Strong, But Bang Expenses Impact Earnings
Monster Energy’s acquisition of Bang, including the purchase of existing inventory, led to a small drag on gross profit during Q3 2023, according to the company’s latest earnings report today.
The Science of Spilt, New Alchemy’s $5 Gourmet Milk Punch Cocktail
Milk punch cocktails have made a resurgence at upscale cocktail bars lately, but recreating the milk-wash technique at scale for a ready-to-drink product is no easy task.
Dirty Shirley Eyes The Call Brand Opportunity With New Territory, Flavors
Ready-to-drink cocktail Dirty Shirley is moving into several new states and has launched two new flavors, the company announced today, setting the stage for the brand to move a budding cocktail call into the canned world.
Brain-Boosting Brand Evermind Raises $1.3M, Launches Online Sales
After closing a $1.3 million funding round, functional beverage startup Evermind is thinking big as it launches online direct-to-consumer sales. Based in Pennsylvania, Evermind produces a line of plant-based “cognitive elixirs” intended to support brain function and mental energy.
Review: Spade Premium Sparkling Soda
Spade is a recently launched line of premium sparkling sodas that contain zero calories and zero sugar. Sweetened with stevia, spade is also infused with electrolytes with the goal being that the drinks keep you “hydrated and refreshed.”
Data: Non-Alc Beverage Sales Decelerate Due to Softer Pricing
Non-alcoholic beverage sales remain healthy but decelerated sequentially in the two-week period ending October 21 primarily reflecting softer pricing, according to the most recent analysis of NielsenIQ data by Godman Sachs Equity Research.
BevNET & NOSH Community Calls This November: Data Backed Ideas, Nailing the Right Price, Secrets of a Successful Private Label Business
Get ready for our November Community Calls! This month, hear how to market regenerative agriculture to consumers, protect gross margin in the long term, troubleshoot and brainstorm velocity, and find out what kind of innovation gets a buyer's attention.
American Whiskey Faces Potential 50% Tariff Spike Amid EU Trade Dispute
American whiskey producers are swept up in a trade dispute that could result in the return of pricey Trump-era tariffs on their exports to Europe.
Vita Coco: Pricing, Volume Gains Drive +23% Net Sales Gain
We may be heading into the winter season, but it's sunny skies above Vita Coco as the coconut water maker continued to grow in Q3, fueled by a fortuitous combination of pricing and volume increases alongside reduced transportation and supply chain costs.
Taste Radio: Expand Your ‘Luck Surface Area.’ It Helped Austin Cocktails Land Big-Time Partners.
Austin Cocktails co-founders Kelly Gasink and Jill Burns explained how being okay with being uncomfortable and striving to expand their "luck surface area” helped them secure partnerships with Madison Square Garden and Constellation Brands, the latter of which led to an acquisition of their company, and how an unorthodox sampling strategy unlocked new retail and distribution opportunities.
Spirits Distribution: Costa Goes West, Brody’s Gets A Refresh
In this latest roundup of distribution news, we check in with fast-expanding Costa Tequila, plus Brody’s Craft Cocktails, limoncello brand Fabrizia and single malt specialist Brother Justus.
Ocean Spray Unveils First Zero Sugar Product, Zeroing in on Millennials
For the first time in its 93 years of existence, Ocean Spray has launched a line of Zero Sugar juice drinks as it seeks to modernize the brand’s identity and entice millennial consumers.
BevNET Best Of 2023 Awards: Nomination Deadline Extended to November 3
If you haven’t had a chance to submit your nominations for BevNET’s Best Of 2023 Awards, we have good news. We’ve extended the deadline to Friday, November 3.