This week’s CPG roundup captures the latest shifts in the industry, highlighting strategic moves and bold collaborations that are making waves. From brand partnerships to market re-entries, these updates showcase how companies are adapting and thriving in a rapidly evolving landscape. Explore the key stories that are shaping the future of CPG and what they mean for the industry at large.
Lemme Partners with Fellini Coffee to Help NYC Wake Up
Lemme, known for its innovative supplements and wellness products, has partnered with Fellini Coffee to bring a fresh caffeine boost to New York City. This collaboration aims to deliver unique coffee blends that align with Lemme’s wellness mission, providing an energized start to the day for busy New Yorkers. Read more here.
Hain Celestial Completes Sale of ParmCrisps Snack Brand to Our Home
Hain Celestial has officially sold its ParmCrisps snack brand to Our Home, marking a strategic move to refocus on its core wellness brands. This sale aligns with Hain’s ongoing portfolio optimization strategy, which aims to streamline operations and concentrate on high-growth areas within the health and wellness sector. Find out more here.
Foxtrot Cafe & Market Reopens Its First Location
Foxtrot Cafe & Market has reopened its first-ever location, reinvigorating the space with new design elements and an enhanced shopping experience. This reopening is part of Foxtrot’s broader strategy to expand its market-meets-cafe concept, blending convenience with a curated selection of food, drinks, and essentials. Discover more here.
MALK’s Explosive Growth at Sprouts
Alt dairy brand MALK has experienced extraordinary growth at Sprouts Farmers Market, with sales skyrocketing from $247K in 2022 to $9.9M just two years later. MALK has now secured the top spot as the leading plant-based milk at Sprouts, reflecting a broader consumer trend towards cleaner, dairy-free options. Read more details here.
Constellation Brands Records $2.5 Billion Charges Linked to Wine Business
Constellation Brands is facing a significant $2.5 billion charge tied to its wine business, reflecting the challenges within the segment. The company is navigating a tough market environment, prompting strategic shifts to mitigate financial impacts and streamline its portfolio to focus on more profitable ventures. Read the full report.
Conclusion
This week’s roundup highlights exciting partnerships, impressive sales growth, strategic divestitures, and market re-entries that are redefining the CPG landscape.
Collaborations like Lemme and Fellini Coffee are infusing new energy into the wellness and beverage space, while MALK’s explosive sales at Sprouts demonstrate the surging demand for clean-label, plant-based products. Hain Celestial’s sale of ParmCrisps reflects a continued focus on core wellness brands, and Foxtrot’s reopening of its first location signals a fresh approach to blending retail with a community-centric experience. Meanwhile, Constellation Brands faces challenges in its wine segment, showcasing the complexities of portfolio management in today’s market.
Stay tuned to our blog to keep up with the latest industry shifts and emerging trends shaping the future of CPG.
