CPG Week: Water That’s Not Beer And PE Firm Buys Cracker Company
On this episode of CPG Week, the team discuss developments in a spicy trademark dispute, water thats Not Beer and the first acquisition for a new PE firm.
Behind The CPG Slowdown: Price Hikes, Discretionary Spending and Private Label’s Newfound Popularity
Purchasing habits, higher grocery prices and an ever-changing physical and digital retail landscape have had a significant and lasting impact on both CPG companies' profits and the margins of grocery stores since the start of the pandemic.
Expanding Its Portfolio, Next Century Spirits Acquires Southwest Spirits & Wine
Next Century Spirits, the spirits supplier behind American single malt whiskey Bear Fight, has acquired a majority of Southwest Spirits & Wine brand assets, the company announced today.
‘Drive Joy and Value’: Ocean Spray’s Revl Fruits Aims to Reinvigorate Premium Juice Category
Sugar reduction has long been a concern across the juice category, and after a quiet launch late last year, Ocean Spray’s Revl Fruits believes it has come up with a recipe for success.
Review: Everhop Sparkling Hop Water
Everhop Sparkling Hop Water is a new entrant into the growing category of hop-infused sparkling waters. Each flavor pairs a specific hop variety with a splash of fruit juice, with. no added sugar and just calories per 12 ounce can.
Goldman Sachs: C-Store Beverage Sales ‘Healthy’ but Decelerated in Q1
C-store beverage sales remain in good health, but decelerated on a sequential basis in Q1 2024, according to the latest Beverage Bytes survey of convenience channel retailers by Goldman Sachs Equity Research this week.
NielsenIQ: BevAlc Sales Growth Decelerates, Volumes Decline
Total BevAlc sales growth decelerated in the two-week period ending April 6, reflecting stronger volume declines and slightly rising average pricing growth, according to Goldman Sachs Equity Research’s latest analysis of NielsenIQ data.
Casa Azul Wins Trademark Case Against Clase Azul
A judge has ruled in favor of Casa Azul, the tequila company founded by beverage innovator Lance Collins, in a trademark trial against long standing tequila brand Clase Azul.
Taste Radio: She Built An Iconic Brand By Thinking ‘Purely’ Every Step Of The Way
Elizabeth Stein, the founder/CEO of better-for-you granola and breakfast brand Purely Elizabeth, explains how to create something that retail buyers perceive as unique and incremental to a category, her two most important considerations when raising capital, and the impact of hiring the "right" people.
Spirit of Gallo Backs Mexico’s Condesa Gin to Boost Super Premium Portfolio
Spirit of Gallo is adding a new Mexican spirit to its portfolio by making a strategic investment in Mexico City’s Condesa Gin, which it will also import, the company announced today.
Spirits Distribution: Betty Booze, Sunshine Punch Go National; Play Hard Scores in IL
Our latest distribution roundup finds Sunshine Punch and Betty Booze signing on for national distribution with one of the big guys, Play Hard vodka seltzer expanding into a new state and stadium, Gay Water going west and Teremana Tequila going global.
Once Upon A Coconut Makes Growth Leap, Adds Investors
Once Upon A Coconut has expanded its footprint by devoting resources to ramping up retail distribution and strategizing new ways to reach a broader audience on the back of support from new big name investors.
BevNET Live Summer 2024: Full Frame Partners’ Untold Strategies for Raises and Exits
Experienced consumer investor Bader Alam will join BevNET Live Summer 2024 in New York to provide ways entrepreneurs can look at the fundraising process with extra attention to the role that each new round can play in a brand’s ultimate outcome.
Better Booch Looks to ‘Future’ of Fermentation With New Ingredient, Brand Vision
With the winds of change at its back, and a novel new ingredient in tow, Better Booch is powering forward under a new North Star of holistic wellness via the microbiome.