Borden Dairy Co. Files for Bankruptcy
On Sunday, Dallas-based Borden Dairy Co., at one point the world’s largest dairy producer, filed for Chapter 11 bankruptcy protection in U.S. Bankruptcy Court for the District of Delaware.
OWYN Closes $7.5 M Round Led by Powerplant Ventures
Plant-based beverage maker OWYN has raised $7.5 million in a financing round led by Powerplant Ventures, the company announced today. Powerplant co-founder and partner Mark Rampolla will join the brand’s board of directors.
In the Courtroom: Circuit Court Backs Dr Pepper in ‘Diet’ Dispute
In this roundup of recent legal news, the U.S. Court of Appeals for the Ninth District affirmed a lower court ruling dismissing a class action suit against Dr Pepper/Seven Up, Inc. alleging Diet Dr Pepper’s use of the term “diet” implies it can help with weight loss or management. Meanwhile, a lawsuit between The Coca-Cola Company and the heirs of lemonade maker Hubert Hansen will move to a jury trial.
Taste Radio Insider Ep. 66: Next Level Advice On Investment, Goals, Profitability & More
This special edition of Taste Radio Insider highlights actionable insights and advice from interviews with six founders, creators and investors who joined us on the show during the second half of 2019. Our guests include Zico founder and Powerplant Ventures co-founder Mark Rampolla; Zoe Feldman, the director of the Chobani Incubator; Rick’s Picks founder and CEO Rick Field; Mike Cessario, the founder and CEO of Liquid Death; Harbinger Ventures founder Megan Bent and Chris Kirby, the founder of Ithaca Craft Hummus.
Review: Xoca Cacao Fruit Soda
Xoca is a line of cacao fruit juice sodas made with a base of 50% Ecuadorian cacao fruit juice. The product line is available in three flavors, including Original, Mint, and Ginger.
Smart Energy Takes C4 “Above the Neck”
Thanks to the addition of nootropic ingredients, the new product gives C4 a foothold outside of athletic performance or fitness-based use occasions, something that the brand’s consumers were already helping to drive.
BevNET Live Winter 2019: How Distributors Respond as Categories Evolve
In this video recorded at BevNET Live Winter 2019, KeHE’s Katie Paul and Alex Marx discuss how the distributor is embracing blurring category definitions and utilizing new technology to stay ahead of the industry, as well as how brands can act quickly and adapt to a constantly changing marketplace.
Mother Beverage Rebrands as Poppi
By the airing of its appearance on reality TV show Shark Tank in December 2018, Mother Beverage was already considering a possible rebrand. Now, with co-founders Allison and Stephen Ellsworth having just wrapped filming on a check-in for the show, the apple cider vinegar drink brand has plenty of updates to share, including a new name, different packaging and distribution momentum.
Elevator Talk: Angry Seltzer Delivers Character and Carbonation
Howard Weiss is the co-founder of Angry Seltzer, a highly carbonated craft seltzer brand that’s personifying its flavors and bringing a bit of character and fun to its line of beverages. The startup launched in Miami several months ago and aims to serve families and kids that are seeking a quality seltzer product with personality.
The Top 10 Most Read BevNET Stories of 2019
It's been another busy news year in the beverage world, and, as is tradition, we close out the year by looking back on our top 10 most-read stories of 2019.
Taste Radio Ep. 194: Great Relationships Create Great Businesses. These Six Leaders Explain Why.
In this highlight episode culled from interviews with six of the leaders, innovators and entrepreneurs who joined us on the podcast during the second half of 2019, we examine the role that relationships play in the development of great businesses.
BevNET Live Winter 2019: Investment Insights for the 2020s
In this video recorded at BevNET Live Winter 2019 TF Ventures founder Tom First, Piper Jaffray managing director Janica Lane and The Giannuzzi Group's Nick Giannuzzi sit down to discuss the lessons of the past 10 years and what the new decade might look like. The trio touch on the market for corporate exits and the shifting emphasis from strategics towards profitability and proven success.
Gallery: December’s New Products
The final product launches of the year (and decade) saw many brands offer a jolt of energy to consumers, with new caffeinated innovations announced for Pepsi, Gatorade, Soylent and Sol-ti. Check out the gallery for December’s notable product launches, including limited edition cans from Perrier and Recess and the latest from LaCroix.
Review: Somerset Caffeinated Sparkling Water
Somerset is a line of caffeinated sparkling waters that come in three flavors: Grapefruit Elderflower, Cucumber Moroccan Mint and Peach Lemon Verbena. The products contain no calories or sweeteners and are enhanced with 42 mg of natural caffeine per 12 oz can.