All Drinks Suppliers articles – Page 2
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News
Minor Figures losses hit £10m in face of oat milk challenges in Asia
Losses have widened substantially at Minor Figures but the oat milk challenger said it was on the path to profitability after shifting focus away from Asia to growth markets in the UK and North America
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Herbal tea brand Herbalistas launched by Typhoo owner
The teas are infused with plant adaptogens, nootropics and amino acids
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El Rayo continues ‘super-premium’ tequila growth push with new seven-figure fundraising
El Rayo has raised an additional £1.3m in its latest funding round as it aims to become the second-biggest super-premium tequila in the UK in 2024
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CMBC downplays Kronenbourg name in 1664 revamp
It comes after CMBC acquired the rights to the Kronenbourg brand last year
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Moth extends RTD cocktail range with Cosmopolitan and Paloma serves
The NPD takes the size of Moth’s cocktail roster to ten
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Tesco rolls out functional bays for kombucha and CBD drinks
Brands stocked in the new bays include Remedy Kombucha, Nexba Kombucha and CBD brand Goodrays
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News
Majestic completes acquisition of Vagabond Wines
The deal would protect the jobs of 171 employees at Vagabond, Majestic said.
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Prime sales in freefall with bottles reduced in Tesco to just 31p
Sales are down more than 50% in the first quarter of 2024
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Nyetimber tables £46m offer for The Lakes Distillery
The Lakes’ directors recommended its shareholders approve the deal
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Momo Kombucha raises £1m to keep up with gut health demand
Momo Kombucha has secured a seven-figure investment to drive expansion plans as the gut health drinks start-up aims to hit revenues of £10m by 2026
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Levi Roots gets ‘tropical’ energy drink brand extension
The extension comes with tropical flavours in energy growing value 19% year on year, according to NIQ
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Adnams ‘considers options’ as it downplays talk of outright sale
The brewer said it would prefer an injection of third-party capital or to sell some of its freehold pubs
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Adnams appoints Jenny Hanlon as first-ever female CEO
Hanlon’s appointment comes with Adnams exploring new funding options
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Long reads
Meet the top 10 women shaking up supply chain
Supply chain is a male-dominated area, with women making up just 7% of workers – and even fewer in senior roles. Meet the resourceful women shaking up the sector
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News
Cornish Orchards goes posh with Avalen sparkling cider
The cider is fermented like a champagne and matured for over a year
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News
Innocent revamps Juicy Water range and cuts sugar content
The drinks contain 20% less sugar than their previous incarnations, and are HFSS compliant
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Fourpure applies for CVA to stave off liquidation threat
Fourpure’s owners insisted the ’short term move’ would shore up its immediate future
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News
Highland Spring enters flavoured water category with HFSS-compliant trio
The flavours will hit Tesco stores from April onwards
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Eebria deal offering ‘full repayment to all creditors’ collapsed in December
A subsequent pre-pack sale saw Beer52 pay just £30,000 to acquire the business
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News
‘Draconian’ Sheffield alcohol-free advert ban divides industry
The move prevents low/zero alcohol drinks from brands synonymous with alcohol from being promoted on authority-owned billboards