Celsius continues to put distance between itself and the chasing pack, as the number-three ranked energy drink brand reported a 104% revenue increase to $385 million in its Q3 earnings report this morning, up from just $188 million in the same period last year.
BlueTriton Brands has named Joey Bergstein as its next CEO, effective November 28. Bergstein assumes the role from interim CEO Dean Metropoulos.
Montreal-based manufacturing and tech company Relocalize has the capacity to operate over 100 fully autonomous micro-manufacturing facilities within the next three years, said co-founder and CEO D. Wayne McIntyre.
Rising prices and a slight dip in guest traffic have contributed to falling spirits sales in the on-premise channel over the last year, according to a new report from market research firm NIQ’s on-premise data arm CGA.
Dirty Hands is expanding its range of client services in brokerage, merchandising and sales support with the acquisition of CPG sales consultancy firm Burgess Strategic Advisors.
Volume growth within the U.S. alcoholic RTD market has moderated since last year, but the category rose rapidly by value and is expected to continue to grow from $18.2 billion to $21.1 billion by 2027, according to a new report from IWSR Drinks Market Analysis.
Joni Verjus is a brand of sparkling grape juice drinks that are made with upcycled fruit and contain no added sugar. Self-described as “a new way to drink,” Joni aims to bring the consumer with an often overlooked ingredient: verjus.
In just 30 days, leaders in the beverage industry will meet in Marina del Rey, CA for BevNET Live Winter 2023. The three-day event provides a platform for beverage entrepreneurs and industry experts to network, learn, and drive innovation within the beverage sector.
Why is a century-old apple orchard and cider company betting big on the future of cannabis? Eddie Brennan, the fifth-generation owner of New York-based Beak & Skiff, discussed its foray into the cultivation of cannabis and production of THC drinks. Also in this episode: the hosts’ take on a new line of zero-sugar juice and what Travis Kelce, Michael Bublé and Matthew McConaughey now have in common.
Those looking for more clarity on Monster Energy’s plans for Bang during the company’s Q3 earnings call yesterday got only a small taste of how the business is approaching its new acquisition.
In this week’s new products roundup, Tribucha Kombucha rocks out with Greta Van Fleet, G.O.A.T. Fuel launches two new exclusive flavors with The Vitamin Shoppe and ZOA, Poppi, Red Bull and Milk Bar unveil festive seasonal offerings.
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 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.
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.
