Starbucks Coffee has named Laxman Narasimhan as its next CEO, replacing interim chief executive Howard Schultz effective April 1, 2023. Currently based in London, Narasimhan will relocate to Seattle for the role and will join the company full time as its “incoming CEO” on October 1 to work alongside Schultz.
With Taste Radio’s industry meetup in Austin just two weeks away, we’re excited to announce two featured interviews taking place at the event. Presented by Super Coffee and hosted at the company’s headquarters, the gathering will highlight conversations between Taste Radio host Ray Latif and Super Coffee co-founders Jimmy, Jake, and Jordan DeCicco, and Anna-Lena Kamenetzky, the founder and CEO of Touch Capital.
Seven months after the brand was acquired by King’s Hawaiian parent company Irresistible Foods Group, Shaka Tea’s founders Harrison Rice and Bella Hughes are moving on to new ventures, beginning with the launch of investment fund Roya Capital.
Gatorade is partnering with the National Football League (NFL) to launch its first energy drink, dubbed Fast Twitch, in 2023.
Organic and grass-fed dairy company Maple Hill Creamery has named current chief financial officer Jim Hau as its new President.
![NewAge Declares Bankruptcy, Claiming Almost $150M in Debts [Updated]](https://dg6qn11ynnp6a.cloudfront.net/wp-content/uploads/2022/08/31143438/NewAge-Thumb-150x150.jpg)
NewAge, Inc., the Utah-based beverage portfolio company-turned-MLM wellness business, and three of its subsidiaries have filed for Chapter 11 bankruptcy relief in Delaware. The announcement on Tuesday comes nearly three months after NewAge declared in June that it would commence a review of strategic alternatives to maximize shareholder value.
Monster Energy's jury trial against Bang Energy maker Vital Pharmaceuticals is underway, with claims around "super creatine" facing scrutiny.
Upcycled CPG companies are innovating supply chains and scaling production in order to bring costs down so the niche sustainability trend can become more widely adopted and reach a larger market.
Thanks to its eponymous CBD-infused soda, the Vancouver-based functional wellness beverage brand has emerged from the pioneering days of CBD drinks as one the category’s leading players.
David Greenfeld, the founder and CEO of better-for-you frozen novelty and candy brand Dream Pops, spoke about the duality of marketing indulgent food made with healthier ingredients, leveraging the brand’s flagship popsicles as a springboard into shelf-stable products, why every CPG company needs to also be a “content company,” and why consistency is the most important aspect of Dream Pops’ social media strategy.
Nestlé has introduced a new online platform, the Youth Entrepreneurship Program (YEP), designed to give young entrepreneurs access to education and career development opportunities, with the broader goal of generating ideas to benefit the global food system.
Flash-frozen coffee producer Cometeer is making its brick-and-mortar retail debut this month in all seven Erewhon locations in Southern California. As part of the rollout, the company is also debuting three new 4-pack varieties, available exclusively in Erewhon stores, which will retail for $9.99 each.
The founders of Sunboy, a spiked sparkling coconut water, initially got together slanging fresh coconuts at events and parties in New York. The two hosted parties on the Brooklyn Bridge selling coconuts from a bicycle, eventually growing the enterprise to offer the experience at food and corporate events.
Bang CEO Jack Owoc talks rumors of a sale to Keurig Dr Pepper, takes aim at Pepsi, and shares why he's not ready to stop fighting Monster.
