Former REBBL Beverages CFO Jim Arsenault joins Sipp, KonaRed gains a new board member and an executive management shakeup at Long Island Iced Tea.
KonaRed Corporation, manufacturers of premium Hawaiian Cold Brew Coffee and Whole Bean Coffee products and the pioneer of the USA coffee fruit category, today announced record growth in the 4th quarter of 2016 which projects to an upward trend of revenue growth for 2017.
During the three month period ended September 30, 2016, KonaRed's comparative revenue grew by 132% from $174,000 in Q3 2015 to $404,000 in Q3 2016.
Based on consumer demand, KonaRed has also announced it will add to its Cold Brew Coffees line-up by launching two new flavors - Kauai Caramel and Maui Mocha.
KonaRed offers Original, Hawaiian Vanilla and Espresso Cold Brew flavors in 12oz glass bottles with eye-catching labels.
There are several new features on the bottle inclusing a clear “window” on the side panel so consumers can get actually see the product they are getting ready to consume.
KonaRed's line of cold brew coffees includes flavors in Original, Hawaiian Vanilla, and Espresso.
KonaRed Corporation announced that it has been selected to continue its shelf presence at over 400 select Target stores across the nation through 2016.
KonaRed's new beverages, available in 12oz glass bottles, are ready-to-drink coffees which blend premium coffee beans and Hawaiian coffee fruit.
The switch to HFA, which occurred in August, has already garnered strong traction and delivered immediate sales and shelf presence in large leading grocery retailer
The new coffee products will be added to KonaRed's suite of products that include 100% Kona Coffee, Hawaiian Superfruit Antioxidant Original Juice, Hawaiian Superfruit Antioxidant Juice with Coconut Water, and Hawaiian Superfruit Antioxidant Juice with Green Tea.
Under the terms of the new agreement, which has a five year term and renews automatically, KonaRed will serve as VDF FC's exclusive supply source for premium US-grown Kona coffee fruit.
The three whole roasted coffee bean products planned for the new KonaRed line include: 'Premium 100% Kona Coffee'; Kona Coffee Blend'; and Kona Coffee with Coffeeberry® coffee fruit.
For the past four years Mr. Redfield was General Manager of POM Wonderful, LLC, a beverage and fruit extracts company.