Nielsen: Beverage Sales Rise Across All Channels

Overall snack and non-alcoholic beverages sales were up 5 percent during a four-week period ending on August 11, according to a report on Nielsen all-channel data by Wells Fargo Securities.

Review: Cuvee Nitro Horchata Coffee

Austin, Tex. based Cuvee Coffee, one of the first companies to create Nitro cold brew in ready-to-drink form, has continued to push forward when it comes to launching creative and innovative offerings. This product, which is an horchata flavored coffee, continues that trend.

PepsiCo Acquires SodaStream For $3.2 Billion

PepsiCo this morning announced it has entered into a $3.2 billion agreement for the purchase of Israel-based SodaStream International Ltd., makers of tabletop machines that allow users to make carbonated water in reusable bottles.

People Moves: Celsius Names Full Time CFO

Celsius has named Edwin Negron-Carballo as the company's new CFO, who told BevNET his experience in supply chain logistics and distribution can help correct inventory shortfalls that impacted the company's Q2 earnings. Also, NWNA and Kohana Coffee get new hires, while Hoist appoints an advisory team.

Ethan’s Launches MCT Shot Line

The company announced the new four-SKU MCT Shot line last month, including Coffee, Matcha, Orange Cacao, and Turmeric Ginger varieties. Each product uses a base of 8g of MCT oil with added organic ingredients.

Review: Evolution Fresh Kombucha

As previously reported, Starbucks-owned Evolution Fresh is getting into the kombucha category. The six initial flavors of organic kombucha include Ginger Lemon Honeycrisp, Mango Pineapple, Spicy Greens, Ginger Greens, Turmeric Pineapple Coconut, and Pink Grapefruit.

CBD Bev Leaders Mount Response to California Regulations

Beverage brands are at the front of a campaign to protect sales of cannabidiol (CBD) in California, after the state’s Department of Public Health (CDPH) released a revised FAQ stating the hemp-derived ingredient is not approved as a food or dietary supplement.

New Age Reports $15.2M In Q2 Revenue

New Age Beverages reported revenues of $15.2 million for the second quarter of 2018, a 2 percent decrease from the same period last year, in an earnings call yesterday.

Review: Wonder Drink Prebiotic Kombucha

Adding prebiotic content to kombucha is Wonder Drink’s latest attempt to differentiate in a category that has seen competition stiffen amid a seemingly never-ending supply of new product entries.

Taste Radio Ep. 124: Milk Street/America’s Test Kitchen Founder: ‘Nothing is Authentic’… Food Is a ‘River That Keeps Moving’

Christopher Kimball, the founder of Milk Street and America’s Test Kitchen, explained his perspective that, at its core, there is nothing “authentic” about food, which he views as a “river that keeps moving,” shared his stance on buzzy trends and why flavor is what’s missing in the discussion about organics.

Coke Takes Minority Stake, Distribution Rights For BodyArmor

The Coca-Cola Company today announced it has agreed to purchase a minority stake in BodyArmor, a move that will see the sports drink brand exit its distribution partnership with Keurig Dr Pepper (KDP) and enter Coke’s nationwide bottling system.

Investment Insight: Uncertainty At KDP, Confidence in Kombucha

Whipstitch Capital's Mike Burgmaier, Blueberry Ventures' Arif Fazal, and Green Circle Capital Partners' Stu Strumwasser weigh in on hot topics in the beverage industry including the future of the DPS allied brands portfolio, new competition for natural energy drinks, and why alcohol companies are interested in kombucha.