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.
This week's Office Hours features industry veterans Alan Murray and Brad Barnhorn, who, drawing upon years of experience working with brands as board members and operators, offer advice on forecast planning, organizational strategy and leadership during the pandemic.
Carl Goyette, CEO of pioneering organic energy drink brand GURU, spoke about how a disciplined business strategy has paved the way for sustainable growth, why the company “says no to a lot” of opportunities, and why he believes that having both experience in a corporate environment and a thirst for entrepreneurship have been key to his ability to manage and build the brand.
New Age Beverage reported its best-ever Q1 revenue numbers over the last three months, despite headwinds from the global COVID-19 pandemic. In an earnings summary released today, the Denver, Colo.-based company reported net revenue increased 9.2% during the quarter, reaching $63.7 million versus $58.3 million in the prior year.
Times may be uncertain, but that doesn’t stop entrepreneurs from hustling. Kristin Bareuther, managing director of First Beverage Ventures, and Jeff Hopmayer, managing partner of Nashville-based wine and spirits investment consultancy Brindiamo Group, shared their tips to navigating the current market.
Jones Soda Co. last month laid off nine employees and furloughed four others, including almost the entirety of its sales team, the company reported in its Q1 2020 earnings call on Thursday. Speaking to investors, interim CEO Jamie Colbourne said the layoffs were a result of financial constraints caused by the COVID-19 pandemic, but offered no further details.
