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Flavored water brand Hint closes $25m Series D financing round

News in brief

Flavored water brand Hint closes $25m Series D financing round

By Elaine Watson

Flavored water brand Hint has closed a $25m Series D financing round led by Springboard Growth Capital and supported by Philippe Laffont, Linnea Roberts’ Gingerbread Capital and Emiliano Román’s Medina Heights Capital Partners.

Dark days for Scotch whisky as US tariff remains in place

Whisky, beer and gin industries, Walkers Shortbread and Government respond on US tariffs

US tariffs wipe £300m off Scotch whisky exports

By Rod Addy

US tariffs have wiped £300m off Scotch whisky sales, with losses set to grow as it emerged they would be kept in place for what is one of Scotland's staple exports.

AG Barr has been impacted by Coronavirus

Irn-Bru owner’s sales hit by coronavirus

By Michelle Perrett

A G Barr, the soft drinks company that produces Irn-Bru, Rubicon and Funkin, has reported “significant trading volatility” in its interim results following the outbreak of the coronavirus pandemic.

Video calls represent a new - and growing - occasion for wine. Pic:getty/paulbradbury

8 ways COVID-19 is changing US wine drinking habits

By Rachel Arthur

Are consumers spending more or less on wine? Will ecommerce increase in popularity - or do wine drinkers still prefer traditional channels? Wine Intelligence looks at eight ways the coronavirus pandemic has changed – or is changing – the habits of regular...

Plant-based beverages are on the rise - but will have to find the sweet spot between premiumization and affordability. Pic:getty/anastasianurulina

Plant-based beverages grow in appeal due to COVID-19

By Will Cowling, FMCG Gurus

Increased concern around health, immunity and sustainability is driving increased demand for plant-based products. When it comes to beverages, reassurance around affordability will be key for the category's growth, writes FMCG Gurus in this guest...

Australia's Barossa Valley. Pic:getty/ikonya

Vision 2050: Australia’s long-term strategy for wine success

By Rachel Arthur

Australia’s wine industry is setting its sights on growing in value, with a strong focus on sustainability. “The Australian grape and wine sector will change substantially in the coming decades and will look markedly different by 2050,” says the Vision...

Cold brew coffee is moving from niche to mainstream. Pic:getty/colfcphoto

What’s trending in RTD coffee innovation?

By Rachel Arthur

Cold brew is making its move into the mainstream; hard coffee hopes to have the same success as hard seltzer; and carbonated coffee wants to fizz up the category. We take a look at innovations that are shaking up RTD coffee.

Bars are reopening across Europe after coronavirus shutdowns. Pic:getty/dziggyfoto

Time to #reconnect: European brewers show support for hospitality sector

By Rachel Arthur

Bars and restaurants – and particularly those that are smaller businesses – will need ‘targeted, ongoing and continued support’ as they reopen, says the Brewers of Europe. With one in three beers in Europe sold in hospitality, its success is closely linked...

Image: Getty/eskymaks

Foods to improve mental wellbeing ‘may prove recession proof’

By Oliver Morrison

Functional food and beverages that are seen to improve mental health could be set to be a ‘recession proof’ sector, claims market researcher MMR. It says its new data highlights innovation opportunities as consumers seek new strategies to manage their...

Getty | dragana 991

How COVID-19 is shaping global consumer trends

By Nikki Hancocks

COVID-19 has accelerated a number of 'mega' consumer trends and halted others, according to the strategic market insight provider Euromonitor International, providing insight into how consumers' shopping habits are being shaped in the short...

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