Chaser Raising $2M To Dive Further into Functional ‘Deep Sea Hydration’
Enhanced water brand, Chaser, is raising a $2 million seed round as it scales its operations to push deeper into retail.
RYSE Fights Back Against ‘Baseless’ Lawsuit Challenging Its Protein Claims
Functional beverage brand RYSE is defending itself against allegations made in a proposed class action lawsuit, calling claims that its Clear Protein line contains less than the advertised protein content “baseless.” RYSE was sued by California resident Daniel Ruchman in May. In a statement to BevNET, RYSE founder and CEO Nic Stella called the claims false and said the business intends to fight the lawsuit.
OLIPOP Announces New CEO; Founder Goodwin Set for Innovation Role
Christian Patiño Webb joins OLIPOP after a four-year run as CEO of sports drink brand Electrolit.
Distribution: Wandering Bear’s Cold Brew Finds Its Way Back to Target
Cold brew specialist Wandering Bear is bringing its 8 oz. single-serve cans and 32 oz. multi-serve cartons into Target.
After Breakthru Walks, KEG 1 Moves on RNDC’s Kentucky Business
KEG 1 River City (K1RC) has signed a letter of intent (LOI) to acquire Republic National Distributing Company's (RNDC) Kentucky assets, the companies announced today. The deal follows news late last week that Breakthru Beverage Group was pulling out of its deals for RNDC’s Kentucky and Indiana operations.
UK Non-Alc Botivo Sells Pleasure, Not Moderation, as Non-Alc Drinks Mature
Founded four years ago, non-alcoholic apéritif UK-based Botivo is up 408% year-over-year in all retail outlets, according to Circana’s tracking of no-and-low spirits value sales over the last 52 weeks ending June 13. The secret? A product and brand strategy built entirely around pleasure rather than moderation.
Taste Radio: A Whisper Away From A Billion: Ken Sadowsky On What’s Next
What makes a brand worth betting on? Ken Sadowsky, affectionately known as “The Beverage Whisperer,” returns to Taste Radio with a sharp look at where the biggest opportunities — and potential pitfalls — are emerging across the beverage category.
AG1 Gummy Debut Shows Powder’s Convenience Challenge
AG1 has released its second new product this year, a gummy supplement called AG1 Essentials Gummies.
Celsius Overhauls Senior Leadership; Pres. Eric Hanson Departs
One week after its stock tumbled in response to a disappointing Q2 earnings report, Celsius Holdings has shaken up its c-suite.
Tangled Up In Brew: How Yerba Mate Became The Next Great Tea Style
Iced tea companies are finding avenues for growth by leveraging consumers’ evolving tastes and a rising adoption of functionality.
Review: We’re Feeling This MateVibe
MateVibe offers an approachable take on the category that leans heavily into a classic iced tea base accented by flavor-specific additions.
Another New Bill to Regulate Legal Hemp Beverages Goes to Capitol Hill
Congress is getting more serious about finding a regulatory solution for the hemp beverage market, with two U.S. representatives filing a new bill today aimed at establishing a proper framework to allow brands to stay legal.
7UP Says It’s Time For Lime With Brand Refresh, Reformulation
For the first time in 15 years, 7UP has revamped formulation to put the spotlight on its new lime-forward identity.
MALK Chasing ‘Another Spot in the Fridge’ with Nutrient-Dense ‘Whole’ Plant Milk
Having built its reputation around short ingredient decks and organic plant milks, MALK is adding more nutrition to the equation with the launch of Whole MALK.