It’s not just what you sell that makes or breaks a brand, but where you sell it. That’s the thesis behind venture firm Coefficient Capital, which last week announced it had raised $170 million for its first fund.
On Monday, we’re presenting a special panel for entrepreneurial food and beverage companies on the stresses and solutions affecting the relationship between brands and their co-packers during the ongoing COVID-19 Crisis.
The fifth round of food and beverage brands includes Poppilu, Vital Farms, Genius Juice and Cocoa Metro. We also have a special co-host this week, Dr. Sebastian Dreher, the Managing Director of Döhler Ventures, who will weighing in on the brands from an investor's perspective and provide feedback.
Founded in 2017, Wildwonder currently has a distribution footprint of about 100 independent retail doors and about 300 office and on-premise accounts. According to founder and CEO Rosa Li, the name change reflects a new brand identity that moves beyond tea and transforms the company into a broader health and wellness beverage platform.
Typically, food and beverage represents only around 3.2% of total U.S. online sales. But through a combination of factors, the outbreak of the novel coronavirus, COVID-19, has accelerated the shift to web-based shopping.
Some growing food and beverage companies are concerned that they will be left out of a new set of loans designed to lessen the impact of the coronavirus crisis because they are backed by investment funds.
While some of the category’s larger players have sought to build a consumer base by leaning into mainstream flavors, M Kombucha, formerly known as Kombucha Culture, is staking its brand on the drink’s purported functional benefits.
EBOOST Surpasses 3,000 Doors Ahead of Nationwide Expansion; Sweet Reason Adds Big Geyser, L.A. Distributing; ALO Drink’s Jèn Collagen + Aloe Line Enters Sprouts Farmers Market Stores; Natalie’s Orchid Island Juice Company Expands in Whole Foods
Winter finally came to a close this month and beverage brands are looking forward to warmer weather, with new watermelon flavors from SUNNYD, LaCroix and Jones Soda, and a new light lemonade line from Calypso. Check out the gallery for notable March releases, including the latest functional shot from More Labs and caffeinated releases from Brew Dr and Daytrip.
David Lester and Ben Goodwin, co-founders of Olipop, explained why they believe creating a better-for-you soda brand was the “most impactful thing” they could do, how package design fuels trial, why educating consumers about the products’ health benefits is not a priority and lessons from their first experience as beverage entrepreneurs.
BLNCD is a line of terpene-enhanced CBD flavored sparkling water beverages. The products, which are packaged in 12 oz. cans, come in three varieties -- Balance, Chill and Bliss -- and contain 0 calories and 25mg of CBD.
In a conversation with BevNET managing editor Martin Caballero, veteran natural CPG consultant Bob Burke, principal at Natural Products Consulting LLC, offered his insights and perspectives on how brands can manage their teams, relationships and finances to both survive this trying period and to thrive at its conclusion.
As COVID-19 rapidly transforms consumer behavior, data firms are closely monitoring patterns to help predict an uncertain journey ahead. In a report last week, research firm IRI explored current consumer behavior and trends from past economic downturns, along with spending across markets.
In a webinar hosted by Rabobank yesterday, analysts at the multinational banking and financial services company offered an overview of the macro impacts of COVID-19 on the food and beverage industry.
