In this week’s new products roundup, GHOST teams up with the Teenage Mutant Ninja Turtles to create a new “Ooze” flavor, Fever Tree launches a new line of classic cocktail mixers and Joyburst splashes into the hydration scene.
Distill Ventures, a Diageo-funded accelerator that provides funding and support for startup drink entrepreneurs, has added five brands to its pre-accelerator Spring cohort, the company announced today.
From clothing to drinks? It could work for Sky High Farms. The New York-based non-profit has been around for decades and is built around the mission of delivering 100% of all produce and animal protein grown on its 40-acre farm to food pantries, food banks and other charitable organizations across the state.
Despite mixed results due to price realization, inflationary headwinds and volume/mix volatility, Keurig Dr Pepper (KDP) reaffirmed its current full-year guidance during its Q1 2023 earnings call today.
Pernod Ricard reported an 8% increase in organic sales for the first nine months of fiscal year 2023, reaching $10.5 billion, according to its Q3 earnings report today. However, in the last quarter organic sales were down 2% ($2.6 billion).
As spring progresses and the flowers begin to bloom, so too do new releases from spirits makers like DIAGEO, PATRÓN and Lux Row. In this gallery, ZAKUSKA makes its debut in the vodka category, Elvis Whiskey pays homage to the ‘King of Rock ‘n’ Roll’’s favorite snack and Nikka announces the return of traditional statements to its U.S. portfolio.
Through past roles at Vitamin Water and BodyArmor, Andy Steele has made a career of building brands in small format channels like convenience and drug. Now, he’s working to do the same at functional soda brand Olipop.
After putting business on pause during 2020 due to the pandemic, hemp-infused superfood beverage brand Adapt SuperWater is seeking to become a staple in professional sports team locker rooms while introducing new product innovations.
Grass-fed dairy pioneer Maple Hill said it will use this capital to support and educate its network of small family farmers on soil health improvement through its ‘Pay for Progress’ program.
Two craft spirit veterans have joined forces to acquire Goza Tequila, the company announced yesterday. The acquisition comes as high-end tequila continues to drive growth for the spirits category.
Kids food and beverage startup Plezi has brought on experienced CPG executive Leah Dunmore to lead the brand as it launches in Target this week.
A federal judge has dismissed a proposed class action lawsuit alleging that Topo Chico Margarita Hard Seltzer is deceptively labeled because it is fermented and lacks tequila.
Inspired by customers using kombucha as a cocktail mixer on social media during the pandemic, the team behind MightyBooch is launching Miixt, a first-to-market vodka kombucha RTD, this week.
PepsiCo chairman and CEO Ramon Laguarta said the majority of inflation-fueled price increases have already occurred and rising costs are expected to be covered for the remainder of the year as inflation decelerates.
