Stumptown and Oatly Team For Cold Brew Line
Having helped to build the category at retail, Stumptown Coffee Roasters is deepening its commitment to cold brew with the launch of a new line, made with oat milk from Swedish brand Oatly, next month.
Taste Radio Ep. 185: Seventh Generation’s Hollender: Your Brand Might Be ‘Less Bad,’ Not Truly Good
Jeffrey Hollender, co-founder of pioneering natural products brand Seventh Generation, spoke about the company’s ambitious mission and how the company found its footing after years of stagnation. He also discussed the ways in which he supports socially responsible companies and why he urges entrepreneurs to address systemic environmental problems.
Review: Revive Shelf-Stable Sparkling Kombucha
Announced earlier this year, Revive’s Sparkling Kombucha is both the brand’s first canned, shelf-stable offering.
In the Courtroom: Court Rules ‘Fire Cider’ Generic Term in Shire City Lawsuit
A Massachusetts court has ruled “fire cider” is a generic term that cannot be trademarked, potentially ending a yearslong legal battle between herbal brand owners and tonic maker Shire City Herbals; New Class Action Targets Brew Dr.’s Probiotic Count; Court Rules in Favor of 5-Hour Energy in Costco Case
Review: Rebbl Sparkling Prebiotic Tonic
Rebbl’s Sparkling Prebiotic Tonics is a line of USDA certified organic beverages that contain 6 grams of prebiotic fiber per 15.2 oz. bottle.
Coke: Zero Sugar Helps Drive Q3 Sales Growth
The Coca-Cola Company beat analysts’ expectations in the third quarter of 2019, posting a 5% increase in organic sales growth and an 8% rise in net revenue to $9.5 billion, according to a quarterly earnings report released today. Among CSDs, the company’s core Coke line grew volumes 3% and retail value was up 6%. Coke Zero Sugar reported robust 14% volume growth globally.
Taste Radio Insider Ep. 56: What It Takes To Hit The Ground Running
In this episode, Jason Shiver, the CEO of fast-growing sparkling water brand Waterloo, discussed his strategy for winning in a crowded and highly competitive category. Shiver spoke about how he’s applied past lessons to his current role, the challenges of managing rapid growth and how he establishes and communicates metrics for success.
M13 Closes “Founder-Focused” Second Fund
After investing close to $100 million over the past few years, the Reum brothers aren’t going to have to look for partners on an investment-by-investment bases anymore. Their investment firm, M13, has raised $175 million for a second fund, this time with capital committed from a pool of limited partners.
Danone Deepens Plant-Based Dairy Holdings With Forager Project Investment
Plant-based food and beverage brand Forager Project announced this week that it has received a minority investment from Danone Manifesto Ventures. Terms of the deal were not disclosed. Speaking to BevNET today, Forager Project founder and CEO Stephen Williamson said the company had to-date been mainly self-funded with some outside investment by individuals.
Press Clips: Nestlé Announces Plans to Refresh Bottled Water Business
Nestlé has announced plans to refresh its bottled water division due to increasing competition and high costs, according to the Wall Street Journal. The reorganization would see Nestlé, which owns bottled water brands including Poland Spring, S. Pellegrino, Pure Life and Perrier, shift from a globally to a locally managed business.
Distribution Roundup: LA Distributing Company Announces Brand Incubator Program
LA Distributing Company Announces Brand Incubator Program; Omni Partners with Presence Marketing to Provide Ecommerce Services; CELSIUS Adds 1,100 Kroger Locations; Nutpods Adds Target and Walmart; Phocus Expands in Texas
Nielsen: Majors Post Modest All-Channel Gains in September
PepsiCo, The Coca-Cola Company, Keurig Dr Pepper (KDP) and Monster Energy Company all posted sales gains of at least 2%, even as overall non-alcoholic beverage and snack sales ebbed slightly, according to a Wells Fargo Securities analysis of Nielsen data.
Rowdy Mermaid Expands to New Facility
Colorado-based kombucha brand Rowdy Mermaid announced this week it has relocated to a larger Boulder headquarters to increase production, improve distribution efficiency and expand its team. According to the brand, the new 29,000 square foot facility will allow it to increase its current production output by 20 times.
Elevator Talk: Golden Tiger Aims to Revitalize Americans with Ayurvedic Turmeric Limeade
Ajay Dhawan is the co-founder of Golden Tiger, an early stage beverage brand that aims to recover and revitalize Americans with its Ayurvedic-inspired formulation. The line of wellness drinks features bioavailable turmeric and highlights curcumin, the active ingredient which helps fight inflammation in the body.