Rising costs and inflation pressures have softened PepsiCo’s full-year guidance for 2022 below analysts’ predictions, even as the company beat revenue expectations in its Q4 2021 earnings report, released this morning.
A rebound in the away-from-home business helped The Coca-Cola Company to beat analysts’ revenue projections for Q4 2021, even as lingering supply chain questions means an asynchronous recovery.
The U.K.-based sparkling water company had shuttered its business in Great Britain last year in order to focus on growing in the U.S., but the brand’s website is no longer accepting orders at this time.
Non-alcoholic beverage sales remained elevated and saw modest acceleration on a one-year basis, with sales up 10.3% in the two-week period ending January 29, according to an analysis of NielsenIQ data by Goldman Sachs Equity Research.
Nestlé’s San Pellegrino is making a new marketing push by signing actor Stanley Tucci to a multi-year contract as its new ambassador and the star of an ad campaign kicking off this fall.
Mélanie Masarin, founder and CEO of pioneering non-alcoholic cocktail brand Ghia, discussed the influence of her work experience at Glossier on the brand’s development, her vision to build Ghia as an “IRL” platform and how it was impacted by the pandemic, the remarkable story about how she won over Ghia’s brand designer and why “growing up in the right way” often means pumping the brakes.
It’s been a longstanding trope of science fiction media that future technology will allow people to produce any food or drink they want on demand. Although it might be a while before we dine Star Trek style, California-based startup Cana Technology believes an era when we can “print” any beverage we want, anytime, at home, is just about here.
Plant-based protein drink maker Koia announced today it has partnered with keto diet influencer Thomas DeLauer, appointing the author and YouTube personality to the role of Chief Keto Officer, as well as launching a limited time collaboration flavor: Keto Raspberry Lava Cake.
In this spirits-focused People Moves roundup, Jeff Arnold joins LALO as COO while Richard Zeller is promoted to President at 3 Badge Beverage.
ZOA CFO Dwight McCardwell said Gerber Finance offers "flexible financing, which is invaluable for our new and rapidly growing brand."
Whether you're looking for Happiness, Tiger Blood or something in between, we've got products for all tastes this week. Featuring new releases from C4, Brew Dr. Kombucha, HOP WTR, Me & the Bees Lemonade, Aqua Nobel, Biolyte, Jones Soda, Clover Sonoma, Levia, Pressed, Sanzo and Rockstar.
First announced in January, De Soi is a new brand of non-alcoholic sparkling aperitifs produced by singer Katy Perry and Morgan McLachlan, the master distiller of AMASS Spirits. The product line currently features three flavors, in 750ml bottles or 8 oz cans, and features a unique blend of herbal and adaptogenic ingredients.
Premium offerings and ready-to-drink packaged cocktails propelled the spirits category to $35.8 billion in sales in 2021, a +12% increase from 2020, the Distilled Spirits Council of the U.S. (DISCUS) announced this week.
“Share of Buzz” may be one of the biggest challenges facing brands looking to enter the cannabis beverage space, according to a panel discussion hosted by Duane Morris LLP and the American Trade Association for Cannabis and Hemp’s (ATACH) Cannabis Beverage Council on Wednesday.
