An Australian study found a link between energy drinks and cardiac risk in people with Long QT Syndrome, a consumer survey shows people find some bottled water labelling "confusing," a New York City coffee shop sues Starbucks over Unicorn Frappuccino trademark violation.
BevNET is pleased to announce that Matt Jimenez, the Senior Category Leader for Whole Foods Market’s global grocery team, will present at BevNET Live in New York on June 13 and 14. Jimenez is uniquely positioned to address the changes in the company’s buying processes and how entrepreneurs can win access to and thrive within this key account.
Following last month’s acquisition of coconut water maker Coco Libre, the question is not whether New Age can run, but whether it can keep up the relentless pace in 2017 and beyond.
Hello Water is a line of naturally sweetened flavored waters that contain added fiber. On the surface, this sounds pretty straightforward. However, each flavor is named with a verb: “Smile” for Mixed Berry, “Laugh” for Lemon Lime, and “Love” for Cucumber Lime, which we feel is a bit of a distraction.
In this edition, we sat down with Gigi Lee Chang, the managing director of cause-oriented food business accelerator FoodFutureCo. Chang, who also founded baby food brand Plum Organics, explained FoodFutureCo’s work in advising and supporting early- and mid-stage food and beverage companies that are providing unique products and solutions for the food system.
Voters in Sante Fe gave the soda industry its first victory over pro-tax campaigners, while efforts to push through measures in Connecticut and Massachusetts stall.
Originally a private label manufacturer of dairy-alternative milks, Good Karma developed its own branded CPG line in 2014 and expanded beyond beverages to yogurt in late 2016.
According to a U.S. Securities and Exchange Commission filing, the financing is part of a total $3,750,000 equity offering. The round was led by IDEA Fund Partners, Duke Angel Network, and DUMAC, and included contributions from local investors around the company’s North Carolina homebase.
Net sales for the company’s Monster Energy Drinks segment increased 8.8 percent in Q1 to $845.5 million as compared to $777.5 in 2016, while net sales for Monster’s Strategic Brands segment were also up to $68 million as compared to $58.5 million for the same period in 2016.
Los Angeles-based foodtech company Soylent has pulled in some Silicon Valley-grade investors, closing out a Series B financing round today with $50 million in funding, led by GV (formerly Google Ventures), bringing the company’s total funding to $74.5 million.
In an interview with BevNET, Spindrift CEO Bill Creelman explained that the company’s rapid growth made securing more working capital a primary objective for this funding round.
James J. Greco takes over as CEO at True Drinks, Gerry David takes first post-Celsius post at the Rocky Mountain High Brands board of directors, Art Carey joins Treo, Karen Wiernik takes on new role within CytoSport.
Seeing “nitro” and “coffee” in on the front of the bottle, we were expecting something that was pretty typical of that particular category. But that’s far from the case.
Beverage brand incubator L.A. Libations has partnered with Trimino, the Connecticut-based makers of a line of protein-infused flavored waters which has rapidly expanded out of its Northeast origins and into grocery and box store chains across the country.
