Cott Sees 2016 Revenue Growth Spurred by Acquisitions
In a statement, Cott CEO Jerry Fowden explained that the company was making progress towards its goal of becoming a “more diversified, higher margin, cash generative business.”
B-Tea Expands Into California with Shelf-Stable Kombucha
After signing with Big Geyser to distribute its line of shelf-stable kombuchas in New York, B-Tea Kombucha is working to form partnerships with as many as a dozen distributors to continue expanding the brand’s presence throughout the country, including a launch in California this month.
Non-Dairy ‘Alternative’ Kefirs Make Their Move
Strong growth in the dairy-alternative market -- which is expected to reach over $35 billion by 2024, according to a September, 2016 report from Grand View Research -- is presenting some companies with added motivation to enter the kefir space.
PepsiCo Agrees to Change Naked Label in Settlement
As a result of a settlement with the Center for Science in the Public Interest (CSPI), a consumer watchdog group, PepsiCo agreed last week to make several changes in the labeling and marketing of its Naked juices and smoothies. In October CSPI alleged that the labelling of Naked products misled consumers about their nutritional value and ingredients.
Stumptown Launches Sparkling Cold Brew Coffee
The product marks the first time a ready-to-drink innovation was developed from on-premise experimentation at the company’s cafes.
In the Courtroom: Class Action Against Odwalla Can Move Ahead
In the courtroom this month: A class action against Odwalla can move ahead after a judge declined a request to toss the case, Pennsylvania's state Supreme Court declines to hear the "soda tax" case, and POM Wonderful accuses Wonder Fuel of "forum shopping" in trademark infringement allegations.
BevNET Podcast Ep. 45: How Reda Reigns As One of NYC’s Beverage Kingmakers
Big Geyser COO Jerry Reda oversees a distribution network that includes over 25,000 retail accounts in the tri-state area. It’s a 24/7 job, but Reda, who we recently interviewed for this edition of the BevNET Podcast, says that he wakes up every day and loves what he does.
MALK Working Towards New Fundraising Round
After completing a round of funding led by food and beverage venture capital fund Boulder Food Group in March 2016, August Vega, founder and CEO of cold-pressed nut milk brand MALK Organics, confirmed in an interview with BevNET that the company was currently in the process of finalizing another round of investment.
Campbell Seeks to Reinvigorate Bolthouse After Sluggish Quarter
The Campbell Soup Co. is struggling to rebound after it reported Friday that quarterly sales had declined across its beverage portfolio. The company is particularly focused on reinvigorating sales of its Bolthouse Farms Protein PLUS line following a tumultuous recall last June.
KombuchaKon 2017 Video: Sai Chaluvadi of Kombucha Wonder Drink Speaks On Role of Science
Speaking with BevNET at KombuchaKon 2017 in Long Beach, Calif., Chaluvadi, said that the category has matured to a point in which it needs to further integrate science to alleviate lingering concerns over kombucha’s sugar and alcohol content, as well as probiotics.
Expo West 2017 Preview: Vita Coco To Debut “Coconutmilk”
Coconut water leader Vita Coco is getting into the growing pool of dairy-alternative drinks with the launch of “Coconutmilk,” a new plant-based beverage made with coconut water, coconut cream and filtered water and contains no added sugar or carrageenan.
Ripple Takes Aim at Legislation, Nut Milks in New Campaign
Not willing to sit idly as U.S. legislators seek to create and enforce tight, dairy-based definitions for the word “milk,” Ripple Foods launched a new digital media campaign this week that offers its take on the drink’s standard of identity.
Press Clips: Nestea Rebrand Profiled, Kombucha Bill Goes to Capital Hill
An article in Fortune details Nestlé’s complete overhaul of its Nestea iced tea brand, while CNBC reports that a bipartisan group of U.S. Congressmen have introduced legislation aimed at eliminating federal alcohol taxes and updating regulations for kombucha.
New Beverage Showdown 13 – Catapult Your Brand into the Spotlight
The New Beverage Showdown, BevNET’s signature beverage brand pitch competition, will return for its 13th installment at BevNET Live Summer 2017 in New York City. With a $10,000 grand prize, plus massive exposure to the trade and media at stake, 15 emerging beverage brands will be chosen to take the BevNET Live stage in Manhattan on June 13 and 14.