While water brands often do a lot to describe the methods they use to make their water superior to others, it’s hard to really gauge the superiority of the liquid just by drinking the product. It's the packaging that sets brands apart. On that front, Core Natural has succeeded in creating something that stands out and has a fresh look to it.
Bai CEO Ben Weiss today revealed that Dr Pepper Snapple Group’s (DPS) $15 million acquisition of a minority stake in his company was based on a half-billion dollar valuation. The deal gives DPS a 3 percent ownership position in Bai, which also recently secured a $25 million line of credit from global investment banking firm J.P. Morgan Chase.
LAB is seeking investments ranging from $3 million to $10 million in early stage beverage businesses, and will not be exclusive to the alcoholic segment.
3 Water is a product that blends spring water with electrolytes and caffeine (50mg) and enhanced to achieve a pH balance of 7+ (slightly alkaline). The result is a beverage that the manufacturer hopes will be viewed as the “perfect water.”
Eighteen months after signing a national distribution deal with Dr Pepper Snapple Group (DPS), Bai Brands, which has grown at a torrid pace in the timeframe, has sold an equity stake to the beverage titan.
The food and beverage industry was recently reminded that specific criteria needs to be met when using the word “healthy” on product labels. That reminder came in the form of an FDA warning letter sent to Kind LLC, the maker of Kind snack bars.
The flavor of Beet Performer, which is marketed as a "performance beverage," is exactly what you’d expect: beets, beets and more beets. It’s something that will be polarizing, starting from the second you see the dark red liquid.
Edward Balassanian, the founder and CEO of Vital Juice, told BevNET that the decision to shut down was the result of several factors, one of the most significant being the remarkable pace at which the cold-pressed juice category is evolving.
Kathrine Larsen, winner of the United Kingdom’s 2014 Sommelier of the Year award, is taking her tasting talents to soda.
We are delighted to announce that Dana Dimitri, the director of marketing for Argo Tea, will join FBU Chicago on Thursday, April 30 to talk about the way that company has grown from a small chain of local tea cafes into a ready-to-drink bottled tea brand with distribution in more than 20,000 accounts.
Having secured a major round of financing, launched three new product lines and expanded distribution to 1,000 stores, Daily Greens is continuing its fast pace in 2015, recently bolstering its leadership team with the appointment of Steven Gollob.
Invo has extended its line of high pressure processed coconut water products with a new Sencha Green Tea variety. It’s an interesting product in that the flavor notes go back and forth between the tea and the coconut water to the point where you can really taste each flavor in its almost unadulterated form.
In a press release addressed to company shareholders, BeBevCo stated that it has already submitted a response to the FDA and been granted the necessary time to perform the adjustments to ensure KOMA Unwind is in compliance.
The 2015 Share a Coke campaign will feature four times the number of names as the 2014 edition and also encompass different package sizes, with 1.25 L and 2 L bottles, and 12 oz. cans now in the mix.
