Trade groups across beer and spirits continue to fight over whether spirits-based, ready-to-drink canned cocktails (RTDs) should be taxed at the same as malt-based alternatives. The argument came to a head this month when Public Sector Consultants (PSC) released a study claiming decreased excise tax rates for spirits-based RTDs have cost consumers more on shelf.
Nova Scotia-based Cove Kombucha unveiled a new look for its line of canned kombuchas this week, ahead of an upcoming U.S. launch. Cove, founded in 2016 by brothers John and Ryan MacLellan, is currently sold in around 1,000 stores across Canada.
In this week’s roundup of new products, Owen’s Craft Mixers teams up with Folds of Honor in honor of Veterans Day, Cove Drinks unveils revamped packaging for its line of kombuchas and Essentia celebrates the holidays early with its Water + Wine Box.
In this episode, the hosts explained why founders regularly attend industry events are often better positioned to support their brands than those who don’t, riffed on the impact of sleek and clever packaging and marveled at a sparkling water brand’s latest LTO. This episode also features a conversation with Michael Lewis, the founder of oomph, a new brand of low-sugar, functional candy.
We’ve posted the complete agenda for BevNET Live, taking place on Dec. 5 and 6 at the Loews Santa Monica Beach Hotel, along with the full schedule of preliminaries on Dec. 4.
After announcing a $5.7 million net loss in Q3, Laird Superfoods’ executive team laid out the company’s plans to rebound from a challenging year during its quarterly earnings call on Thursday.
The distribution partnership between Celsius Holdings Inc. and PepsiCo is already paying dividends as the performance energy drink maker beat analysts’ net revenue expectations for Q3 2022, reporting 98% year-over-year growth to $188.2 million in its latest earnings report this week.
New York-based zero sugar iced tea and lemonade maker Swoon has landed its full beverage lineup in Publix stores across the Southeast, the brand announced last week.
Flow Beverage Corp. CEO Nicholas Reichenbach said this week’s sale of the company’s Verona, Virginia production facility to sports drink maker BioSteel is primed to create a “path to profitability” for the Canadian alkaline water company.
Keurig Dr Pepper (KDP) CEO Ozan Dokmecioglu has resigned as the company’s chief executive and as a member of the board of directors due to “violations of the Company’s Code of Conduct,” the company announced on Thursday morning.
Each year, BevNET’s “Best Of” Awards are presented to honor the most influential and impactful companies, brands, people, products, ideas and trends from across the beverage industry landscape.
Non-alcoholic beverages and spirits are evolving into a fast-moving segment, but are low-alcohol spirits and wines following the same trajectory? New producers of naturally low-ABV aperitifs and amaros are hoping the category’s progression will create a niche for them.
Non-alcoholic beer maker Athletic Brewing Company has received a $50 million investment from Keurig Dr Pepper (KDP) that will make the publicly-traded CPG giant a minority equity stakeholder in the business.
Alkaline water company Flow Beverage Corp. has announced a definitive agreement to sell its Verona, Virginia production facility to sports drink maker BioSteel in a deal valued at $19.5 million.
