Beverages: Page 15
-
Scott Olson via Getty Images
‘New dynamics at play’: Jack Daniel’s maker ends DEI initiatives
Brown-Forman cited a shifting legal and external landscape for its decision, as one prominent anti-DEI activist claimed credit for putting pressure on the company.
By Ryan Golden • Aug. 28, 2024 -
Scott Olson via Getty Images
Kraft Heinz hires Hershey’s exec as chief sales officer
Marlene Creighton will oversee the U.S. sales force at the Oscar Mayer maker and will be responsible for driving customer and channel growth.
By Christopher Doering • Aug. 23, 2024 -
Trendline
Mergers and acquisitions
Declining sales and slowing consumption have more companies divesting brands, opening the door for smaller players and private equity firms to expand their portfolios.
By Food Dive staff -
Justin Sullivan via Getty Images
Nestlé names company veteran Laurent Freixe as CEO
He will replace Mark Schneider, who is resigning after eight years in the role. The change comes as the Lean Cuisine maker struggles with cash-strapped customers cutting back on spending.
By Christopher Doering • Aug. 22, 2024 -
Courtesy of Moët Hennessy
ColumnThe Weekly Sip: Beyoncé brings Southern roots to Moët Hennessy whisky | Dunkin’ spikes pumpkin spice
In other beverage news, upstart brand Disco Disco aims to supply travelers with high-quality coffee through its unique pour-over packets.
By Food Dive staff • Aug. 22, 2024 -
Joe Raedle via Getty Images
AB InBev to shutter Anheuser-Busch distribution facility
The brewer’s closure of the Massachusetts plant will impact 193 jobs. It comes amid a national decline in beer volumes.
By Chris Casey • Aug. 21, 2024 -
Courtesy of Lake Hour
Marvel actor and film producer partner on nostalgic canned cocktails
Lake Hour, co-founded by Wyatt Russell, aims to offer a more appealing, less sugary alternative to mainstream hard seltzer brands.
By Chris Casey • Aug. 20, 2024 -
Courtesy of High Noon Spirits Company
Deep DiveHard seltzer started a new category, but will canned cocktails sustain momentum long term?
The push for premium RTD beverages is relying on real spirits and unique flavors to keep the ball rolling.
By Chris Casey • Aug. 19, 2024 -
Courtesy of Lifeway Foods, Inc.
Lifeway Foods family feud heats up as shareholders push CEO to resign
The brother and mother of CEO Julie Smolyansky are accusing the executive of steering the company off course.
By Chris Casey • Aug. 16, 2024 -
Courtesy of Illy
ColumnThe Weekly Sip: Illy debuts frozen coffee in US | Torani pours trendy Southern flavor
In other beverage news, Cheeky Cocktails shakes up homemade drinks with Almond and Hot Honey flavored mixers.
By Chris Casey • Aug. 15, 2024 -
Courtesy of Sonoco
Packaging innovations: Twinings gets canned, Black Cow’s udderly different vodka packaging
In other news, Sensei Farms ditches its plastic clamshells.
By Katie Pyzyk • Aug. 14, 2024 -
Courtesy of Molson Coors
Tilray to acquire 4 craft beer brands from Molson Coors
The purchase allows the cannabis producer to continue growing its presence in the alcohol category and comes as the Coors Banquet brewer seeks to pare down its portfolio.
By Chris Casey • Aug. 14, 2024 -
Christopher Doering/Food Dive
Deep DiveYou can’t ‘replicate a Celsius’: How the energy drink maker evolved from an unknown to category giant
Revenue has doubled each of the last two years as its beverage’s functional attributes, better-for-you halo and novel flavors resonate with mainstream consumers.
By Christopher Doering • Aug. 13, 2024 -
Courtesy of Mondelez International, Coca-Cola
Oreo, Coca-Cola partner to create drink and cookie combining the iconic brands
The limited-time offerings will be available in grocery and convenience stores in the U.S. and other select markets around the world starting in September.
By Christopher Doering • Aug. 13, 2024 -
Courtesy of Bluebird Hardwater
Behind Bluebird Hardwater’s bubble-free canned cocktail conquest
The upstart combines hydration and drinking with its tequila and vodka water offerings.
By Chris Casey • Aug. 12, 2024 -
Courtesy of Bacardi North America
ColumnLeftovers: Bacardi teams up with Tipsy Scoop | Utz unveils cheesy and cinnamon snack flavors
The alcohol-infused ice cream maker is launching an Ocho Guava Daiquiri variety, and Bob’s Red Mill expands its lineup of pancake and waffle blends.
By Chris Casey • Aug. 9, 2024 -
Justin Sullivan via Getty Images
ColumnThe Weekly Sip: Molson Coors faces declining beer demand | Nestlé brings Kit Kat into Coffee mate
The brewer said offerings such as Coors Banquet are helping drive sales despite a decline in total volume, and a U.K. canned cocktail brand hopes to make a statement in a crowded category.
By Chris Casey • Aug. 8, 2024 -
Courtesy of Nestlé
Nestlé’s Nespresso moves beyond coffee for the first time with honey
The sweetener will help the CPG giant incorporate more regenerative agriculture practices into its business and capitalize on the growing use of honey in a cup of joe.
By Christopher Doering • Aug. 7, 2024 -
Getty Images
Tilray bets big on beverages to drive growth
The company, which could reach $1 billion in revenue this year, is expanding its craft beer, cannabis and nonalcoholic drinks lineup.
By Chris Casey • Aug. 5, 2024 -
Retrieved from Liquid Death on August 01, 2024
Q&AHow Liquid Death cuts through marketing noise without big media buys
Vice President of Creative Andy Pearson explained how the billion-dollar beverage brand helps consumers “murder” their thirst in an expanding market.
By Chris Kelly • Aug. 5, 2024 -
Brian Ach via Getty Images
ColumnThe Weekly Sip: Diageo’s spirits sales fall flat | International Delight turns to ‘Home Alone’ nostalgia for coffee
The Guinness brewer’s CEO said a long-term trend toward spirits over wine and beer work in the company’s favor; and a couple is harnessing the spirit of Louisville for their gin.
By Food Dive staff • Aug. 1, 2024 -
Courtesy of Sarah Sherr @ Hyperion LA
‘Brewless’ instant coffee startup tackles crowded category
Diamond Brew is leaning into TikTok marketing and financial backing from investors like GNC’s CEO to win over Gen Z consumers.
By Chris Casey • Aug. 1, 2024 -
Courtesy of Cadence
Plant-based pioneer pivots to hydration beverages for athletes
Daring founder Ross Mackay launched electrolyte-infused drink startup Cadence by partnering with fitness clubs to attract health-conscious consumers.
By Chris Casey • July 31, 2024 -
Permission granted by Southern Glazer's Wine and Spirits
Southern Glazer’s Wine & Spirits buys New England alcohol distributor
The largest wholesaler in the industry is set to purchase Horizon Beverage Group, a company with nearly a century of experience in Massachusetts and Rhode Island.
By Chris Casey • July 30, 2024 -
Getty Images
Pennsylvania grocers can soon toast to canned cocktail sales
The new law, which takes effect mid September, comes at a time when the ready-to-drink cocktail category is booming.
By Catherine Douglas Moran • July 29, 2024 -
Courtesy of Mela Water
Why Mela saw untapped potential with Gen Z in watermelon drinks
The upstart brand’s CEO said it hopes to ride the wave of unique beverages adjacent to the alcohol category with its zero-proof Watermelon Water.
By Chris Casey • July 29, 2024
Previous
