BevNET’s flagship New Beverage Showdown pitch competition, presented by Coca-Cola’s Venturing & Emerging Brands, is returning this summer for a virtual experience. The evolving pandemic may have postponed BevNET Live, but it hasn’t hit pause on new innovation within the beverage industry.
Office Hours returns Tuesday, May 19 at 3 p.m. ET. Investors Wayne Wu (VMG) and Robert Brown (Encore Consumer Capital) will offer financing advice and discuss the impact of the coronavirus pandemic on investment in food and beverage companies, from sourcing and closing deals to changing terms.
The food and beverage industry continues to step up and lend support to those in need during the COVID-19 pandemic. In this roundup, we highlight brands’ efforts to give back, including Rowdy Mermaid’s donations to local Colorado nonprofits and Susosu Water’s efforts to support young and single mothers in the Washington, D.C. area.
Jessica Weiss Levison, founder/CEO of Peekaboo Organics, a maker of indulgent ice cream infused with hidden vegetables, spoke about the importance of identifying those who instantly “get” the concept, shared the unconventional way in which she met a Target buyer, her process for raising capital and a key way to avoid slotting fees.
Favor is a line of organic raw apple cider vinegar (ACV) shots that are packaged in 1.93 oz shelf stable bottles and are positioned as gut health products. The line is launching in two flavors: Ginger Lemon Cayenne and Cinnamon Honey.
In this video, NOSH editor Carol Ortenberg spoke with Alex Marx, director of category management for KeHe, about how he has seen the retail industry shift and how innovation has a key role to play in helping the market to recover from disruption.
Aiming to create a better-for-you version of a nostalgic childhood staple, Boston-based Slate Milk is tackling the RTD dairy space with a new line of chocolate milks positioned to serve either as a functional protein recovery drink or as a sweet indulgence, depending on the use occasion.
Tuan Lee is the co-founder & CEO of Vervet, a startup offering bartender-crafted canned cocktails featuring house-made bitters, fresh produce from California farms and spirits developed in partnership with Ventura Spirits distillery. Using recipes from co-founder and veteran bartender Hope Ewing, the brand delivers modern riffs on classic cocktails.
BevNET managing editor Martin Caballero spoke with two of Hella Cocktail Co.’s three co-founders — Jomaree Pinkard and Eddie Simeon — to discuss how the company is exploring its role in the current market environment and adapting to conditions on the ground.
The eleventh round of Elevator Talk Livestream includes leaders from Ocean Spray's Atoka, Sunshine Beverages, MapleMama, Taika and more. Watch founders and CEOs jump into the livestream and provide a brief recap of recent news and updates. This week's special co-host is Lauren Jupiter, managing partner at AF Ventures.
PepsiCo is pivoting to meet consumer demand online with the launch of two new ecommerce platforms — snacks.com and pantryshop.com. The two storefronts will allow the company to give consumers easy access to the familiar and “comforting” brands they are seeking out during the Covid-19 pandemic, said Gibu Thomas, SVP and head of ecommerce for PepsiCo.
OLIPOP adds Rainforest Distribution, expands Whole Foods and adds Sprouts with exclusive launch of new Cherry Vanilla flavor; So Good So You Adds Sprouts Chainwide with three SKUs of its juice shot line; Ugly Drinks Enters Kroger in Tennessee; NOCCO Adds GNC
Celsius reported over $28 million in revenue during the first quarter, a 95% increase over the same period last year and a new quarterly record for the brand.
After production issues hobbled growth last year, Reed’s Inc. reported in an earnings call yesterday that it has rebounded with 13% net sales growth to $9.5 million in Q1. Speaking with investors yesterday, Reed’s CEO Norman Snyder said the company’s volume growth was driven by distribution expansion and higher velocities.
