There were several factors that made ready-to-drink (RTD) canned cocktail Fishers Island Lemonade an attractive acquisition for E. & J. Gallo: premium positioning, high reorder rates, excellent taste and the founder’s pioneering vision for canned cocktails.
In just 30 days, innovative beverage brand leaders, investors, retailers, distributors, consultants and other industry experts will meet at the Metropolitan Pavilion in New York City for BevNET Live Summer 2023.
While consumers may not necessarily be flocking to artificial ingredients with open arms, the data shows that strong product launches from top beverage conglomerates and insurgent brands, such as sucralose-sweetened energy players PRIME and Celsius, are pushing lab-developed sweeteners ahead in certain parts of the store.
Mark Mahoney has launched numerous brands spanning a wide range of categories across a nearly 40-year career in the beverage business, but last Friday may have been his Super Bowl.
E. & J. Gallo’s High Noon Sun Sips is taking a dig at its competitors with a new activation aimed at getting consumers to swap their malt based beverages for a High Noon Tequila Seltzer.
The hosts discussed the news that Michelle Obama has joined kids’ food and beverage company PLEZi Nutrition as a co-founder and strategic partner and spoke about the potential impact of the former first lady’s influence and political connections on the brand’s development. They also highlighted the 10 brands named as part of Target’s third Takeoff Food and Beverage program.
In this week’s new products gallery, health and wellness brand BEAM teams up with SunnyD to create a limited edition Super Greens flavor, Spindrift kicks off summer early with its Peach Strawberry offering and Devil’s Foot and ISH roll out new non-alcoholic cocktail offerings.
Ready-to-drink (RTD) beverage alcohol consumption has grown 104% in the past two years, according to NIQ, but how are consumers making shopping decisions, and where are they enjoying the growing variety of flavored malt beverages, canned cocktails and seltzers?
Constellation Brands has acquired a minority stake in TÖST, an alcohol-free sparkling beverage brand, the company announced yesterday.
The beverage purchasing team from Sprouts Farmers Market will walk attendees through the discovery, intake and support process for new beverage brands as they seek to break into this increasingly important retail chain during BevNET Live Summer 2023 in New York on June 14 and 15.
Celsius reported a 95% year-over-year increase in net revenue to reach $260 million during the first quarter, largely driven by strong sales velocity, cost-efficiency improvements and distribution expansion.
Factory, LLC’s name got a little more literal as the food and beverage investor and brand incubator opened up a 75,000 square foot co-manufacturing facility this year.
Pernod Ricard has acquired a minority stake in ecoSpirits, a technology startup focusing on low carbon, low waste distribution systems for wine and spirits.
Baloo is a line of flavored sparkling waters that are enhanced with nootropics, adaptogens and vitamins. The lineup includes three flavors, all with zero sugar and zero calories and lightly sweetened with a blend of stevia and erythritol.
