The sale of the luxury company is part of a larger consolidation in the high-end wine category as brands adapt to harsh market conditions and the changing tastes of drinkers.
The luxury beverage maker’s partnership comes after it reported declining revenue in the sparkling wine category in the first half of 2024.
The cultivated meat startup is eyeing its next phase of growth with an invite-only January open-house including investors, government officials and strategic consultants.
Robert Crane, who oversees sales, said the Uncrustables maker is collaborating more with stores following COVID-19, supply disruptions and inflation to make sure their strategies are aligned.
No, labels aren't enough, there are legal risks for noncompliance (and undercompliance) with FSMA 204, and there's no time to waste.
While the premium brand has branched out into pasta, frozen entrees, pizza and soup, executives said about 75% of sales will come from its fast-growing jarred sauce.
The new structure includes the creation of a unified Human Foods Program, the adoption of a new model for the FDA's field operations and will mean more inspections for CPGs, according to experts.
The Campbell Soup baked goods brand unveiled rolls with stuffing seasoning, and Fresh Del Monte enters the dessert category with fruit-filled pudding cups.
The failed startup, which positioned itself as a "next-generation food company," left farmers to pick up the pieces after the company shuttered last November, a lawsuit alleges.
The acquisition expands on the New York company’s efforts to improve the healthiness of its snacking portfolio as consumers watch more closely what they eat.
The restructuring comes as the supplier of frozen potato products faces sluggish demand for its offerings at restaurants and retailers.
Boston Beer’s Sam Adams is debuting an At-Home Séance Kit, designed for “beer lovers or ghosts with a dash of mischief,” which the brand said can help thrill-seekers conjure up the spirit of Samuel ...