Betting that consumer demand for cold brew will percolate beyond coffee and into the RTD tea segment, Ito En North America has developed a new range of “ice-steeped” cold brew teas. The company will debut the products, which stretch across three of its brands -- matcha LOVE, TEAS’ TEA Organic and Oi Ocha -- at the upcoming Natural Products Expo West 2017.
Following a successful raise in 2016, Black Medicine is going for a second round of funding via equity-based crowdsourcing site CircleUp, a platform that netted the cold brew coffee maker $1 million last year.
The Leominster, Mass.-based brand unveiled the new line, which will be launching this June in 24 oz. plastic PET bottles and available in Mango, Vanilla and Strawberry varieties, in January at the 2017 Fancy Food Show in San Francisco.
Since we first took a look at B’More Organic back in 2011, the brand, as well as the drinkable yogurt category it lives in, have evolved quite a bit.
Category growth, testing methodology and distribution strategies were just a few of the topics bubbling inside the Long Beach Convention Center over the weekend at the fourth annual KombuchaKon.
San Francisco-based Ritual Coffee Roasters team with Somatik for a THC-infused cold brew coffee, a California lawmaker wants plastic caps tethered to bottles to reduce environmental damage, Whole Foods announces it will close nine stores, and Hint Water CEO Kara Goldin quits NACIE.
Starbucks today announced that a new line of bottled teas under its Teavana brand will soon hit the market in four states. The news comes approximately eight months after Starbucks and Anheuser-Busch InBev (ABI) announced a partnership in which the beer giant would manufacture and distribute the teas.
Living Essentials, maker of 5-hour Energy, and its venture capital arm Innovation Ventures were ordered to pay nearly $4.3 million in penalties and legal costs following a trial in Washington in which a judge found the company in violation of the state’s Consumer Protection Act.
Mike Repole, the co-founder of BodyArmor, is unsatisfied. Why? Because BodyArmor, despite its impressive growth in recent years, is not the world’s top-selling sports drink brand. Repole, who also co-founded vitaminwater and is a horse-racing magnate and billionaire, clearly does not lack ambition.
Tractor Soda founder Travis Potter praised the investment as a partnership that will align the company with AccelFoods’ broad network of industry contacts and provide guidance on corporate staffing.
With ready-to-drink coffee a $2 billion category and just about every coffee chain in America having taken a crack at it, we’re honestly somewhat surprised that it has taken this long for there to be a Dunkin’ Donuts’ branded offering.
Late last month Whole Foods Market took aim at a class of products who position themselves as “healthier” options due to their use of added functional ingredients.
In an interview with BevNET, Normandin, who founded baby and toddler organic food brand Little Duck Organics, said the company was in the middle of closing the fundraising round and declined to go into specifics. He said that the new resources would be directed towards the company’s current focus on marketing initiatives and developing new products.
Incoming CEO James Quincey told investors during its Q4 and year end results conference call Thursday that zero-calorie sparkling beverages and smaller package products will be a focus area for the company over the next two years.
