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Bobbie’s European-style organic product proving to be huge hit in North America

With workers at home and stores stingy with shelf space, how is a new protein bar supposed to introduce itself? Even the food giants had to adjust.

Press release content from PR Newswire. The AP news staff was not involved in its creation. Latinx Clean Beauty Brand Ceremonia Surpasses $100k in Revenue in First 100 Days May 5, 2021 GMT None NEW YORK, May 5, 2021 /PRNewswire/ -- Ceremonia, the clean hair care brand rooted in Latinx heritage, launched in October 2020 with a clear mission: to cater to the diversity of the Latinx community and in turn, cultivate inclusivity for the often-overlooked demographics in the beauty space. Six months later, the company has outperformed revenue projections by more than 50% and set new standards for se...

Dive Brief: Private equity firm VMG Partners announced the close of an $850 million fund, VMG Growth Fund V, according to a press release sent to Food Dive. This brings the San Francisco-based firm’s total assets under management to roughly $2.6 billion. VMG will provide early-stage funding, as well as startup support to portfolio companies. It provides guidance on strategies, from scaling brand awareness to optimizing manufacturing and supply chain operations. In addition, VMG reports it has substantially exited all of the portfolio companies in its VMG Partners I and VMG Partners II fund...

PepsiCo, Inc. (NASDAQ: PEP)  and Beyond Meat, Inc. (NASDAQ: BYND) today announced they will form The PLANeT Partnership, LLC (TPP), a joint venture to develop, produce and market innovative snack and beverage products made from plant-based protein. The joint venture will leverage Beyond Meat's leading technology in plant-based protein development and PepsiCo's world-class marketing and commercial capabilities to create and scale new snack and beverage options. Financial terms of the partnership were not disclosed. Joint venture operations will be managed through the newly created entity The...