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Food and beverage industry news.
Halo Top, Mars Inc. Fight Trademark Suits
Food fights are breaking out in court. HaloTop, Mars Inc, KerryGold and Chobani all found themselves in legal battles spanning trademark infringements to reports of assault over the past month. Here’s what we know so far about the cases, why they were filed, and what they could mean for the companies involved.
Venice Brands Makes First Investment in Osso Good
This week Venice Brands, a new consumer-focused VC fund, announced an investment in The Osso Good Company, a producer of frozen bone broths. In addition to putting dry powder behind the bone broth company, the deal marks the first investment for Venice, which was launched in January of this year and is an offshoot of Monogram Capital.
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Sweet Loren’s Looks To Conventional To Make Some Dough
Five years after its launch, multi-million-dollar cookie dough brand Sweet Loren’s is taking on confectionary giants like Nestle and General Mills with a natural take on the take-and-bake cookie and expanding its line with, what the brand says, is the first gluten-free, vegan and nut-free take and bake cookie dough.
Whole Foods, Harris Teeter Expand Offerings As Fresh Market Downsizes
It’s crunch time for retailers. To attract new customers, retain current customers and plan for long-term, consistent sales growth, several retailers revealed new stores, marketing strategies and location plays over the last week.
Industry Leaders Highlight Brand and Mission, Protect Geese
The food industry has been making headlines for more than its profits this month as brands and retailers work to focus their missions and better exemplify their values. This week’s Press Clips highlights companies who are doing just that by standing up for their brand, their consumers and, yes, even a goose.
Unilever Modernizes Portfolio, Pepsi Leverages Quaker
This week, Unilever, PepsiCo Inc., The Hershey Company and Pinnacle Foods released their quarterly earning reports. But beyond sales numbers, the companies shared insights into their wins, losses and goals for the rest of 2017 that will help set trends across categories in the months to come. Here are the main strategic takeaways from these CPG giants’ quarterly earning reports.
Nutriati Closes $8 Million Round to Offer New Plant-Protein Solutions
Plant-based products are one of the hottest trends in food and beverage, and investors have taken note. Last week, several funds and venture capital firms came together to back Nutriati, a food technology company whose first products are a chickpea flour and chickpea protein concentrate.
Distribution Roundup: Arctic Zero Joins Target
From ice cream and chips to drinkable veggies and matcha, these NOSH brands are furthering their consumer reach with some newly expanded retail relationships.
Hershey Co. Sweet on ‘Smart Snacking’ and Transparency
Emphasizing environmental and nutritional transparency for the labels and ingredients in both its chocolate and snacking lineups, the confectionary giant announced a sweeping set of changes from sourcing to packaging that the company hopes will give consumers more choices.
Hidden Veggie Frozen Brand Kidfresh Gets $10 Million
Getting kids to eat their vegetables can be a tricky proposition, even for venture capitalists. Recognizing this challenge, some investors are betting on brands, like Kidfresh, that help parents make mealtime a little easier. Kidfresh announced Monday it’s taken in a roughly $10 million Series B equity round for its line of frozen foods with hidden vegetables.









