Brown-Forman Corp., a renowned Kentucky-based alcohol manufacturer known for brands like Jack Daniel’s, recently announced its decision to discontinue several diversity, equity, and inclusion programs due to evolving legal and external circumstances. This move, confirmed by a company spokesperson in…
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Food News
You can’t ‘replicate a Celsius’: How the energy drink maker evolved from an unknown to category giant
When John Fieldly became the CFO of Celsius Holdings in 2012, the company was a newcomer in the competitive energy drink market. With minimal market share and a market capitalization of only $5 million, Celsius faced an uphill battle against…
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Summary: Athletic Brewing recently closed a $50 million equity financing round led by General Atlantic and other investors, bringing its valuation to around $800 million, as reported by The Wall Street Journal. The nonalcoholic beer company plans to utilize the…
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