News
Food and beverage industry news.
Wicked Kitchen Raises $20M to Ramp Up Global Awareness, Expand Retail Distribution
Plant-based food company Wicked Kitchen has raised $20 million to help it “further ramp up global brand awareness initiatives” and expand retail distribution into other channels, such as foodservice, the company announced in a press release today.
FDA Defines Healthy On-Pack
After six years of discussion and controversy, The U.S. Food and Drug Administration (FDA) is one step closer to finalizing a definition for the word “healthy” for use on food and beverage packaging.
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Struck Shutters Noops, Heads to Siddhi Capital
Refrigerated dessert brand Noops has ceased operations after roughly two and a half years in business, the company’s founder and CEO Gregory Struck has accepted a new role with Siddhi Capital, Noops’ largest investor.
Pat Brown Switches Roles Again To Lead Impossible Labs
Impossible Foods founder and chief visionary officer Pat Brown is leaving the c-suite to lead the company’s new research arm, tentatively dubbed Impossible Labs. This will be Brown’s second title change this year.
Taste Radio: How Do You Build A Profitable Business That Generates Millions In Annual Revenue? Think ‘Petit.’
Max Pouvreau, the founder of premium pudding brand Petit Pot, explained why he has always emphasized frugality and cautious spending, how the hire of an experienced operations executive and planning strategy helped the company scale production and achieve profitability and how being ahead of the curve on permissible indulgence has benefited the brand’s development.
Rubirosa Takes Its Sauce To Shelves With CPG Line
New York-based Italian restaurant Rubirosa is exploring new revenue streams, announcing the company will make its first foray into CPG with the launch of a line of pantry staples.
Unilever CEO Alan Jope To Retire
Unilever CEO Alan Jope will retire at the end of 2023. Jope has worked for the global CPG giant for 35 years, beginning as a trainee, and worked his way up to hold a range of senior leadership positions before being named CEO in 2019.
Delayed Ops: Beyond Meat Sees Chief Supply Chain Officer Depart
Just two days after Beyond Meat suspended its COO Doug Ramsey, the alt-meat company is losing another operations executive. The company said that chief supply chain officer Bernie Adcock announced on September 20 that he would be stepping down, effective September 30.
Notable New Products: Vertically Farmed Salad Kits & Veggie-Coated Chicken Nuggets
This week’s roundup of notable new products brings vertically-farmed salad kits, veggie-coated chicken nuggets and a new look for one of Ben & Jerry’s popular flavors.
Distribution: Nunbelievable Cookies Makes Midwest Retail Push; Magic Spoon Hits Sprouts Shelves
Nunbelievable cookies are making a four-state push into Schnucks grocery stores, FILLO’S launches its award-winning Walking Tamales products into retail, OZO plant-based bacon is being offered in breakfast sandwiches in Gregory’s Coffee and Veggie Grill locations.