From evolving beverage giants to developing niche audiences, as well as the keys to winning customers online and in stores, the second day of BevNET Live Winter 2021, held Dec. 6 and 7 at the Loews Beach Hotel in Santa Monica, Calif. will explore the changing ways entrepreneurial beverage brands can grow and thrive.
Canadian investment issuer Eat Beyond Global Holdings Inc. announced today that it has signed a letter of intent to purchase Florida-based plant-milk brand Banana Wave, marking its first acquisition. According to the terms of the deal, Eat Beyond will acquire all outstanding share capital of Mylk Brands Inc., a British Columbia-based corporation which owns Banana Wave producer Fresh Start Beverage Company.
Collaborative community organization Naturally Los Angeles formally launched last week with the goal of increasing access to education, resources and capital for natural product companies based in Los Angeles in order to promote sustainable business practices and conscious growth.
The lines between alcoholic and non-alcoholic beverages continue to blur. Bloomberg broke the news Sunday evening that Constellation Brands and energy drink maker Monster Beverage Corp. are considering a deal.
Hint, Inc. CEO Kara Goldin and COO Theo Goldin have been removed from their c-suite roles at the flavored water brand, according to sources close to the company. Hint’s board of directors made the decision this week to reassign the Goldins, who founded the brand in 2005, to unspecified new roles at the company.
After spending nearly a combined 50 years working at beer giant Anheuser-Busch (AB) at its headquarters in St. Louis, Doug Mars and Corey Christanell are hoping to emerge as an early player in Missouri’s nascent cannabis beverage market with the launch of Society.
In this courtroom roundup: alcoholic beverage brand Happy Hour Drinks filed a suit against cannabis drink maker Happi Co. for trademark infringement, Nestlé and Danone settled trade dress lawsuit over coffee creamers and the founder of a tequila startup pled guilty to securities fraud scheme.
Best known in its home state, Lafayette, New York-based Beak & Skiff Apple Farms has been making and selling apple-based products for over 110 years. Now, as the U.S. hemp industry opens up and expands, the family-owned company is turning to the once prohibited cash crop as a major new avenue for growth.
St Hidie’s is a line of “spiked craft tonics” (5% ABV) that pair unique flavors with botanical tinctures featuring adaptogens and nootropics. There are presently three flavors, including Guava Ginger, Elderberry Hibiscus and Lemon Turmeric.
Health-Ade Kombucha co-founder and longtime COO Justin Trout has left the company. The California-based kombucha brand announced his departure this week as newly appointed COO David Yarmoff slides into the role; Also, Swedish plant-based milk maker Sproud named Sara Berger as its new Global CEO this week.
For just the second time ever, BevNET accepted nominations for the awards, resulting in 376 nominations spanning a wide field of brands, products, people and campaigns that reflect the diversity and rich tapestry of our industry.
BevNET Live is just around the corner and we’ve released our full agenda, featuring cutting edge brands, brilliant entrepreneurs, growth-focused investors, new retail formats, established experts and a series of breakouts that look at core industry challenges.
All channel non-alcoholic beverage sales slowed down but remained “very strong” during the period ending November 6, according to an analysis of NielsenIQ data by Goldman Sachs Equity Research. Dollar sales were up 10.8% in the two-week period, compared to 12.1% in the four-weeks. On a two-year stack basis total dollar sales grew 24%.
Dairy alternative ingredient supplier Perfect Day announced on Tuesday it has entered the sports nutrition category with the launch of two new lines of protein powders that feature the company’s animal-free whey as the star ingredient.
