Carol Ortenberg
Posts by Carol Ortenberg
Seeking to ‘Move On,’ Schinner and Miyoko’s Settle
After a tumultuous spring that saw the acrimonious breakup of vegan cheesemaker Miyoko’s Creamery and its jilted founder Miyoko Schinner unfold in an ugly public dispute, the two have settled their respective lawsuits.
Not So Stranger Things: Millie Bobby Brown Launches Coffee Line
Moving from cosmetics and pet care to coffee may seem like a stranger thing to do, but Millie Bobby Brown is making the jump. The actress and model’s new Florence by Mills coffee line stretches across 11 SKU including beans, concentrates and syrups.
Can Gold Medal Ventures Find General Mills’ Next Generation of Winning Brands?
General Mills’ success may have been built through stalwart brands like Yoplait, Annie’s and Cheerios, but its next phase of growth is going to rely heavily on its Gold Medal Ventures division.
Erewhon Nixes NYC Popup Plans
Despite previous indications on social media by an Erewhon executive, a spokesperson for the natural products retailer said it will not, in fact, be opening a previously teased New York City popup.
Erewhon To Take a Bite Out of the Big Apple?
Get ready for a sea moss and adaptogen-enhanced summer, East Coasters: natural foods retailer Erewhon looks set to debut in New York City this June with a smoothie bar popup.
Out of Time, VMG Calls Off SPAC
Investment firm VMG is calling off its Special Purpose Acquisition Company (SPAC), VMG Consumer Acquisition Corp, citing market conditions. The announcement follows the liquidation of several other CPG-focused SPACs.
ForceBrands Seeks to Connect Celebs & CEOs With CreatorForce Division
CPG recruitment firm ForceBrands is aiming to accelerate growth for celebrity-backed brands with the launch of CreatorForce, a division designed to help place executives in these companies, match creators with existing brands and assist with capital raises.
Are SPACs Back? Above Foods To Go Public
Vertically-integrated ingredient supplier, agriculture company and CPG producer Above Foods will go public via a reverse merger with blank check company Bite Acquisition Corp. The deal values Above at roughly $319 million
Mondelēz: Consumers Remain Loyal to Brands, Clif Reports Strong Financial Improvement
Mondelēz reported strong top line growth on its Q1 earnings call yesterday. In the first quarter, executives noted, 2022 acquisition Clif Bar showed double-digit revenue growth.
Kraft Heinz Enters U.S. Spice Biz In Search of Incremental Sales
Seeking to add $2 billion in incremental sales from North American innovation efforts, Kraft Heinz Company announced plans to enter a new category in the U.S with the stateside launch of Just Spices.