News - Articles - Page 190 | Beverage Industry

Pernod Ricard acquires remaining stake in Avion Spirits LLC

Tequila Avion founder, president to remain involved with brand

January 18, 2018

New York-based Pernod Ricard USA is announced that it has completed the acquisition of the remaining stake in Avión Spirits LLC, owner of the ultra-premium tequila brand Avión, from its joint-venture partner Tequila Avión, New York. Founder Ken Austin and President Jenna Fagnan, along with Grammy Award winner Jeezy, will remain highly involved and financially incentivized at least until 2020 to help fuel its next wave of growth, the company says.

Founding Fathers Products donates $25K to Folds of Honor

Nonprofit offers scholarships to children of fallen, disabled soldiers

January 16, 2018

Minneapolis-based Founding Fathers Products' mission is to create superior quality American-made products that support American military families with 50 percent of its profits. Founding Fathers introduced its line of domestic premium lager beers in 2011 and recently introduced a full line of 100 percent Arabica gourmet coffee.

Celsius adds new flavors to CELSIUS HEAT line

Lineup generates more than $2M retail sales in 9 months

January 16, 2018

Celsius Holdings Inc., Boca Raton, Fla., makers of the global fitness drink CELSIUS, announced that it is adding two new flavors, Apple Jack'd and Orangesicle, to its trainer-grade CELSIUS HEAT line. This brings the CELSIUS HEAT product line to seven flavors. The thermogenic pre-workout drink packaged in 16-ounce cans is carbonated and packed with 2,000mg of L-citrulline and 300mg of caffeine.

Vintage Wine Estates acquires Tamarack Cellars

Washington winery produces locally sourced wines

January 15, 2018

Vintage Wine Estates, Santa Rosa, Calif., announced the acquisition of Tamarack Cellars, Walla Walla, Wash.

Pepsi unveils Pepsi Generations global campaign

New TV ad to debut during Super Bowl LII

January 12, 2018

Pepsi, a brand of Purchase, N.Y.-based PepsiCo Inc., unveiled this year's global creative campaign, Pepsi Generations, which is a celebration of the brand's rich history in pop culture for 120 years.

Brown-Forman reports first-half fiscal 2018 results

Company reports net sales growth of 10 percent from prior year period

January 12, 2018

For the first six months of the fiscal year, the company’s reported net sales increased 10 percent to $1.6 billion, compared with the prior-year period.

Rémy Cointreau releases half-year results for fiscal 2017/2018

Company reports net sales growth of 6 percent

January 12, 2018

The company posted consolidated net sales of 544.4 million euros, with reported growth of 6 percent and an increase of 7 percent on an organic basis.

Easley Winery announces completed $2M expansion

Winery invests in property, new equipment

January 12, 2018

Indianapolis-based Easley Winery announced that it has completed a multi-million-dollar investment in property and equipment at its facility in downtown Indianapolis.

National Beverage Corp. announces results for first half of fiscal 2018

Company reports 20 percent revenue growth for first half

January 12, 2018

Compared with the prior year, revenues grew 20 percent, the company says.

Technomic, BMC release on-premise report

Report reviews drink sales in restaurant, bar business

January 12, 2018

Drink sales remain a dynamic and important part of the restaurant and bar business, but finding growth continues to be a challenge for operators and brand marketers alike.