Pernod Ricard Sales Drop -2% As U.S. Double-Digit Declines Persist
BevNET.com
by Ferron Salniker
30m ago
Pernod Ricard is still facing headwinds in the U.S. and China after reporting a -2% organic decline in sales in the first nine months of FY 2024, with sales expected to stay “broadly stable” for the rest of the year ..read more
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Review: Bear Maple Sparkling Ginseng Elixirs
BevNET.com
by BevNET.com Staff
4h ago
Bear Maple recently entered the beverage landscape with its first offering, a line of "sparkling ginger elixir" beverages. Positioned as a healthier alternative to classic carbonated soft drinks (CSDs), these elixirs combine ginseng's purported health benefits with the simplicity of clean, natural ingredients for an easy-to-enjoy drink ..read more
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KDP: Q1 Earnings Welcome New CEO, Focus On Coffee
BevNET.com
by Lukas Southard
4h ago
Keurig Dr Pepper brought its incoming CEO to its Q1 earnings call which included positive sales growth, a slight dip in net income driven by the company's still-recovering coffee segment and a gross margin gain ..read more
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People Moves: Congo Brands Brings in Former Red Bull Exec Rappaport
BevNET.com
by Brad Avery
7h ago
Congo Brands, the Kentucky-based company behind beverage brands Alani Nu, PRIME and 3D Energy, announced today it has hired former Red Bull executive Mark Rappaport to serve as its first Chief Commercial Officer ..read more
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Nguyen Coffee Supply Achieves Its ‘American Dream’ with Target Launch
BevNET.com
by Brad Avery
10h ago
Specialty Vietnamese coffee brand Nguyen Coffee Supply is heading to the mass market with a launch into 500 Target stores across the country, a move that will grow the brand’s footprint for its RTD robusta bean coffees to over 300% since the start of the year ..read more
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Retail: Good Food Holdings Envisions Grocery’s Tech-Powered Future
BevNET.com
by Brad Avery
1d ago
Good Food Holdings has kicked off a bold new era for the company with its adoption of new in-store technology at all five of its banners, adding amenities like digital item tags, smart shopping carts, and apps with A.I. capabilities ..read more
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Foxtrot Fallout: Brands, Distributors React As Retailer Shuts Down
BevNET.com
by BevNET.com Staff
1d ago
Outfox Hospitality’s former partners are waking up to a new world this morning after the company pulled the equivalent of a corporate Irish Exit yesterday by immediately shutting all 33 Foxtrot and two Dom’s stores nationwide ..read more
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PepsiCo: Quaker Foods Drags Q1 Amid Strong International Sales Growth
BevNET.com
by Lukas Southard
2d ago
In its Q1 FY2024, PepsiCo reported moderate revenue growth driven primarily through its international business despite Quaker Foods pulling back on earnings ..read more
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Foxpocalypse? Foxtrot, Dom’s Kitchen & Market Shutter Stores Amidst Bankruptcy Rumors
BevNET.com
by Lukas Southard
2d ago
Outfox Hospitality’s future is unclear today after growing reports indicate that the company has shuttered all its Dom’s and Foxtrot stores today with potential bankruptcy looming ..read more
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Taste Radio: Raising Capital? BFG’s $125M Fund Should Be In Your Sights.
BevNET.com
by BevNET.com Staff
2d ago
Tom Spier and Dayton Miller, managing partners of BFG Partners, a venture capital firm with investments in several high-profile and fast-growing brands, including Olipop and Graza, dive deep into investment strategy, their evaluation of fast-growing categories, how they assess gross margin in the near- and long-term lifecycle of a brand and what a polished pitch says about a founder ..read more
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