A former employee of Millenium Products Inc., which owns category-leader GT's Kombucha, has filed a putative class action lawsuit against the company, alleging various forms of unjust treatment to employees, according to Law360.
With literally dozens of brands in a still nascent category, getting a clear snapshot of the overall coconut water segment is a rather difficult task. Instead, we decided to look at three brands in various stages of development – Vita Coco, Zola and Minoku – and how they approach sustained demand for coconut water in terms of sales and distribution strategy, innovation and marketing.
Just a few last highlights about the BevNET Live program as we enter the weekend.
Even with rising sales figures, Monster Beverage Corporation remains focused on repairing its image over touting its permanence at the top of the energy drink market.
Rau is a cold-pressed and raw cacao beverage that is sweetened with monk fruit. From a flavor perspective, this product tastes very much like raw cacao (like what you’d find in a cacao nib). There’s a nice “chocolate” flavor to it, but, like cacao nibs, it does have a bitterness that will take some getting used to.
Supported by surging demand its Silk brand of almond milk products, WhiteWave Foods today reported that net sales of its North America plant-based foods and beverages platform rose by 13 percent in the first quarter of 2014. Sales of Silk Almondmilk drinks soared by 52 percent in the first four months of the year, as compared to the previous period in 2013, the company said in a statement.
Rawpothecary, which produces a line of whole food juice, nut milk and cold-brew coffee blends, markets its products with the tagline “nothing added, nothing wasted" and "the pulp and skins are in." From our perspective, the company's range of uniquely-crafted blends and well-designed labels are nicely differentiated from competing products and offer a long runway for success.
BevNET Live attendees will gain valuable insight on the key dimensions of their businesses that potential investors will be digging into as they make their investment decision through a special talk with Brad Barnhorn, a highly-regarded food and beverage company board member, entrepreneur, and investor.
PepsiCo CEO Indra Nooyi said that her company has 22 billion-dollar brands. She’s working on strengthening brands 15-22.
Introduced at Expo West 2014, Chameleon Cold-Brew's new line of ready-to-drink coffee drinks is an impressive entry to the category. Packaged in 10 oz. glass bottles, the line comes in three varieties — mocha, vanilla, original black -- each made with water, organic & Fair Trade coffee, and in the case of the mocha and vanilla, sugar and flavor. Pairing a simple formulation design with a clean and well-designed label, and overall, we’re big fans of these products.
Attendees of the Beverages 101 session on May 13 at the Metropolitan Pavilion will hear from three investors who are focused on entrepreneurs and their plans for growth.
Praising his “unwavering commitment to high quality products and innovation,” ITO EN North America has promoted Jim Hoagland to Chief Operating Officer, according to a statement. Hoagland has been with ITO EN North America in August, 2003 and most recently held the role of Executive V.P. of Sales & Marketing for the company.
Vertical Water is one of several products that is part of a new and unique class of beverages: maple water. This particular product is made with maple water (sourced from U.S. maple trees) as its sole ingredient, and, thanks to aseptic packaging, doesn't incorporate any preservatives. The result is something that should, at least in theory, be pretty close to what you’d get right out of a tree.
Brominated vegetable oil (BVO) and one of its chief critics are back in the news, with The Coca-Cola Co. announcing that it will remove the beverage emulsifier from its line of Powerade sports drinks, according to the Associated Press (AP).
