Friendship Beverages Debuts At Target
Minneapolis-based startup Friendship Beverages is rolling out its first two brands — sparkling energy water Chirp and enhanced water Juni — at Target stores across the state this month.
Taste Radio Insider Ep. 82: A Whole Foods Insider Opens Up The Buyer Playbook
Lee Robinson, Director of Dairy & Beverage at Whole Foods Market, discussed best practices for engaging with retail buyers, why he urges entrepreneurs to be transparent about their business and innovation strategies, how he evaluates disruptive concepts, his perspective on the future of plant-based food and setting expectations for communication with buyers amid the current crisis.
Review: G&Juice CBD
G&Juice is a line of sparkling beverages that are enhanced with 20 mg of CBD. The products are sweetened with erythritol and stevia and are packaged in 12 oz. slim cans.
KidsLuv Lands in CVS and Walmart, Rolls Out New Product Title
Since participating as a semifinalist in New Beverage Showdown 16 two years ago, Ashi Jelinek, founder and CEO of kids beverage brand KidsLuv, has managed to stay busy. From expanded distribution to new product positioning and refreshed packaging to a new flavor rolling out next month, KidsLuv has been focused on growing across the board.
Laird Superfoods Lands $10M Investment from Danone Manifesto Ventures
Laird Superfood has secured a $10 million investment from Danone Manifesto Ventures, the company announced today. The Sisters, Ore.-based brand, founded in 2015, markets a variety of “superfood” products, including creamers, coconut water, nutrition powders, drink mixes and plant-based sugars.
Pernod Ricard: Virus Drives Declines, But Company Remains ‘Resilient’
Pernod Ricard announced a 2.1% decline in sales for the first nine months of fiscal year 2020 and a 14.5% drop for the quarter in its Q3 earnings report yesterday, as the impact of the COVID-19 pandemic has begun to hit the spirits conglomerate’s bottom line.
Elevator Talk: Surreal Brewing Crafts Low Calorie Non-Alc Beers
Donna Hockey is the founder of Surreal Brewing Company, an early stage non-alcoholic craft beer brand that offers innovative brews with 0g of sugar, 17-50 calories per can, and reduced gluten, in a variety of styles. The brewery is serving the non-alc movement, reaching consumers that don’t want to compromise their health goals, while still enjoying happy hour.
New Age, Publicly Traded, Claims Paycheck Protection Program Funding
Colorado-based New Age Beverages was one of a number of publicly traded companies to have claimed loans under the Paycheck Protection Program (PPP), according to research by the investment bank Morgan Stanley.
Elevator Talk Livestream Round 8: WithCo Cocktails, O2 Recovery, Brainiac Kids
The eighth round of interviews with food and beverage brands includes WithCo Cocktails, O2 Recovery, Brainiac Kids, Cuvee Coffee and more. This week's special co-host is Darren Rovell of Tastemaker Capital, who will offer an investor's perspective and provide feedback for each brand.
Amid Production Drop, Beverage CO2 Supply Chains Steady For Now
With production set to fall this month by as much as 50%, concern has been growing about the security of CO2 supply chains for beverage companies. However, several brands reached by BevNET indicated they had not yet encountered issues.
WATCH: Jeremy Halpern Discusses Climate for Capital and Lending
No matter what side of the negotiating table you’re sitting on, the coronavirus has brought a host of critical new challenges and choices for both entrepreneurs and investors. In this interview with BevNET managing editor Martin Caballero, Jeremy Halpern, partner at Boston-based firm Nutter, offers his insights into the changing capital and lending environment.
BevNET/NOSH’s June Conferences Postponed
It’s with great regret that we are announcing the postponement of our Summer BevNET Live, NOSH Live, and Cannabis Forum events that were scheduled to be held June 8-12 in New York City.
Taste Radio Ep. 210: They Borrowed $10,000 And Built Two Pioneering Brands. How The Founders of Annie Chun’s & gimMe Snacks Did It.
Annie Chun and Steve Broad, founders of Annie Chun’s and gimMe Snacks, spoke about their entrepreneurial journey from selling at farmer’s markets to building category leading brands, why operational efficiency is critical to achieve sustainable margins and the importance of “discovering new experiences for the consumer.”
Coke Earnings: Q1 Revenue Tops Projections, But Virus Hits Volume
The Coca-Cola Company reported a 1% drop in net revenue for the first quarter of 2020, with further disruption due to the global coronavirus pandemic expected to continue depressing sales in the months ahead.