Amazon increases minimum wage for all its workers to $15 per hour; Bloomberg article questions whether kombucha can make it big or not; Canadian cannabis provider CannTrust exploring beverage opportunities; Dirty Lemon opens storefront.
Jason Karp, CEO and founder of hedge fund Tourbillon Global Master Fund, Ltd (TGMF), announced earlier this week that he will be shutting down the multibillion dollar fund and returning roughly $1 billion dollars of capital to investors.
Element Shrub founder & CEO, Charlie Berkinshaw, has developed a non-alcoholic cocktail alternative that not only tastes good, but is also healthy and functional. The product is ACV-based, which has challenged the brand to change consumers’ perceptions of how the ingredient could taste in a beverage.
This week we’re joined by Paddy Spence, the visionary founder of market research firm SPINS and CEO of stevia-sweetened beverage platform Zevia. Hear about the origins of his remarkable career, how marrying personal insights and passion with quantitative data has been central to the success of Zevia, why brands should focus on continuous improvement, his perspective on work-life balance, and whether a multi-billion dollar exit is imminent for Zevia.
VIVIC is a line of ready-to-drink sparkling coffee drinks that were created with quality in mind. The products are packaged in 9.5 oz cans and come in three flavors: Original, Sarsaparilla, and Lavender.
Outlaw Energy announced today that former 7-Eleven executive vice president and chief merchandising officer Jesus Delgado-Jenkins has joined the brand as CEO and chairman.
ImmunityAID is the latest product from LifeAID Beverage Company, a brand of functional beverages that serve specific consumer need states. The new orange-flavored SKU launched today at the NACS Show 2018 in Las Vegas.
In this episode, we feature an interview with Matt McLean, the founder of organic beverage company Uncle Matt’s, who discussed the brand’s evolution from its launch nearly 20 years ago through to its sale to dairy conglomerate Dean Foods in 2017. We also sit down with BevNET editor-in-chief Jeff Klineman, who offered insight and perspective into Keurig Dr Pepper’s $525 million acquisition of Core Nutrition.
While cold-pressed juice may be slowing down, it is by no means dead, and in many ways it’s experiencing the natural growing pains of any emerging category.
Upon launching, meal replacement drink Soylent married its Silicon Valley origins with the CPG space, using science and technology to fulfill a company mission of making “complete nutrition” accessible and affordable. Now, the company wants to help others in the food tech space do the same with the Soylent Innovation Lab, a new co-working space designed for similarly disruptive food and beverage brands in Los Angeles.
With the introduction of two new flavors, Blackberry-Hibiscus and Grapefruit-Elderflower, Flow Alkaline Spring Water is continuing to capture “the sophisticated flavor tone of what our target market is looking for in hydration but also in an infused flavor around detoxing," according to founder and CEO Nicholas Reichenbach.
Here’s a preview of what’s to come: category trailblazers and channel pioneers. The first round of speakers has been released for BevNET Live Winter 2018 in Santa Monica, CA this December.
Bhakti Chai Hires New VP of Sales, Cuts Two Execs; Welch’s Names Bynum as CEO; Humm Kombucha Hires New VP of Marketing; Mark Walen Joins Topa as CEO of Beverage Distribution Group; Distill Ventures Taps New Non-Alc Leader
Joel Jelderks, founder of Caskai, has set forth on a mission to introduce premium cascara-based beverages to the global market, noting that coffee consumers are their first target market, as they will likely be more aware of cascara.