BUSINESS DEVELOPMENT DIRECTOR - North Carolina
LOUD LEMON BEVERAGE
Vegan cheese company Miyoko’s filed a lawsuit against its founder and former CEO Miyoko Schinner alleging she stole trade secrets and confidential information from the company after being dismissed last year.
In this week’s notable new products roundup, Jeni’s Ice Cream takes inspiration from Ted Lasso for its newest flavor, Morningstar Farms teams up with Pringles to create Chik’n Fries and Kettle Chips launches what might be the first air fried packaged snack on the market.
Miyoko’s Creamery founder Miyoko Schinner said she was forced to step down as CEO of her vegan dairy brand last June, and would not take on a non-executive role as a face of the brand.
In this week’s roundup: Little Spoon expands with new Biteables lines; American Spice Trade Association believes spices and herbs earned healthy status; Kraft Heinz puts price increases on hold and Project Potluck doubles in size.
The U.S. Food & Drug Administration (FDA) is pressing aseptic food and beverage maker Lyons Magnus for more answers around the company’s response to health code violations that sparked a recall of around 35 million products last summer.
Nestlé announced on Thursday plans to further increase prices across several product lines after inflationary headwinds, including heightened ingredient costs, contributed to a decline in sales volumes for the fourth quarter.
This week the team talks cauliflower, its place on Chick-fil-a’s menu and the veggie’s larger role in branded and private label CPG. Later, we hear from Ted Wright, CEO of word of mouth marketing agency Fizz.
Vegan dairy brand Miyoko’s Creamery has seen its namesake, founder and CEO Miyoko Schinner, formally depart the company, according to an announcement from the brand today.
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Coming on the heels of a rebrand last month, Union City, California-based vegan cheese dip maker House Party announced it has landed its products in 51 Whole Foods Market locations across Northern California.
While hummus is an inherent part of the brand’s identity, Ithaca Hummus founder and CEO Chris Kirby doesn’t believe its first line extension – Fire Roasted Salsa – will be the source of too much consumer confusion.
Cell-cultivated protein companies appear to be locked in a race to build commercial-scale production plants, even as the industry awaits full regulatory approval from both the FDA and the USDA, reflecting the long and complex road towards widespread commercialization and price-parity with conventional meat and seafood.
Last week Turtle Island Foods, which makes Tofurky and Moocho, was acquired by a subsidiary of multibillion dollar company Morinaga Milk Industry Co. With a purchase price of over $50M, the deal came as CEO Jaime Athos said the company was “facing a lot of challenges.”
Jason Burke, founder and CEO of clean-ingredient meat snack and condiment brand The New Primal, discussed the demands of building a modern food brand, why he advises founders to embrace reliable business practices and a cautious retail strategy and how “the goalposts” have shifted when it comes to large CPG exits. He also stressed the importance of due diligence on potential investors and shared a moving story about his motivation to provide consumers with better food options.
Sports nutrition company Skratch Labs opened a new cafe in its hometown of Boulder, Colorado last month with the aim of extending its brand identity beyond the CPG industry.