Pernod Ricard announced a 2.1% decline in sales for the first nine months of fiscal year 2020 and a 14.5% drop for the quarter in its Q3 earnings report yesterday, as the impact of the COVID-19 pandemic has begun to hit the spirits conglomerate’s bottom line.
Donna Hockey is the founder of Surreal Brewing Company, an early stage non-alcoholic craft beer brand that offers innovative brews with 0g of sugar, 17-50 calories per can, and reduced gluten, in a variety of styles. The brewery is serving the non-alc movement, reaching consumers that don’t want to compromise their health goals, while still enjoying happy hour.
Colorado-based New Age Beverages was one of a number of publicly traded companies to have claimed loans under the Paycheck Protection Program (PPP), according to research by the investment bank Morgan Stanley.
The eighth round of interviews with food and beverage brands includes WithCo Cocktails, O2 Recovery, Brainiac Kids, Cuvee Coffee and more. This week's special co-host is Darren Rovell of Tastemaker Capital, who will offer an investor's perspective and provide feedback for each brand.
With production set to fall this month by as much as 50%, concern has been growing about the security of CO2 supply chains for beverage companies. However, several brands reached by BevNET indicated they had not yet encountered issues.
No matter what side of the negotiating table you’re sitting on, the coronavirus has brought a host of critical new challenges and choices for both entrepreneurs and investors. In this interview with BevNET managing editor Martin Caballero, Jeremy Halpern, partner at Boston-based firm Nutter, offers his insights into the changing capital and lending environment.
It’s with great regret that we are announcing the postponement of our Summer BevNET Live, NOSH Live, and Cannabis Forum events that were scheduled to be held June 8-12 in New York City.
Annie Chun and Steve Broad, founders of Annie Chun’s and gimMe Snacks, spoke about their entrepreneurial journey from selling at farmer’s markets to building category leading brands, why operational efficiency is critical to achieve sustainable margins and the importance of “discovering new experiences for the consumer.”
The Coca-Cola Company reported a 1% drop in net revenue for the first quarter of 2020, with further disruption due to the global coronavirus pandemic expected to continue depressing sales in the months ahead.
In this video with NOSH editor Carol Ortenberg, Miller details how the company is planning for growth, but still operating with a conservative mindset in order to prepare for any potential slowdowns.
Dewdrop is a line of sparkling functional beverages that are enhanced with adaptogens and superfoods. The products are available in 12 oz. slim cans in three low-calorie (35-45 calories) and low-sugar (7-9 grams) SKUs that are packaged.
Committing to a U.S. manufacturing base marked a significant new chapter for the 78-year old family owned Group GL SA, which is based in Lisbon and operates as Good Crop Inc. in the U.S. and under the Sonatural brand in Europe and Asia.
Whole Foods Market has issued a variety of policy changes for vendors who come in contact with store employees as it works to cut back possible routes of transmission of the COVID-19 virus.
As the effects of the COVID-19 pandemic continue to be felt across the country, the food and beverage industry is stepping up to give back to those directly impacted by the crisis. In this roundup, we look at the efforts brands are taking to support children reliant on school-provided meals, healthcare workers on the front lines and their own distribution partners.
