Posts Tagged ‘NewAge’
NewAge Revenue Down 5.5% in Q2
NewAge, Inc. announced financial results for the quarter ended June 30, 2020, with net revenue reaching $62.6 million. The revenue does not include revenues from NewAge’s recently announced combination with ARIIX and four other direct selling companies, which is expected to more than double the size of the company and improve the combined entity’s profitability. The…
Read MoreNewAge Beverages Changes Name to NewAge, Inc.
NewAge, Inc. today announced it has changed its name to NewAge, Inc. from New Age Beverages Corporation to reflect the strategic priorities of the business. Although NewAge remains committed to the beverage category in all channels, and beverages still represent almost 50 percent of the company’s portfolio, it sees significant opportunities in the broader consumer…
Read MoreNewAge Announces Name Change for Direct Selling Division, Appoints Vanderveen as COO
NewAge, formerly known as Morinda, has announced a new name for its direct selling division. They will now be known as Noni by NewAge. NewAge CEO Brent Willis also announced that David Vanderveen has joined the Noni executive team as chief operations officer. “We are incredibly excited to have Dave join NewAge,” said Willis. “His…
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