SQBG Sequential Brands Group Inc

GAIAM Organic Green Teas Launch Nationwide in 2019

GAIAM Organic Green Teas Launch Nationwide in 2019

GAIAM Organic Green Teas to launch at Whole Foods Market and Central Market

NEW YORK, Feb. 12, 2019 (GLOBE NEWSWIRE) -- Today, Sequential Brands Group, Inc. (“Sequential” or the “Company”) (Nasdaq:SQBG) announced the launch of new GAIAM Organic Green Teas in partnership with MindFull Inc., a food and beverage portfolio company whose team has over 75 years combined experience in the organic and natural products industry.  The GAIAM Organic Green Teas will be available in Whole Foods Market stores nationwide in March 2019 and are currently on the RTD Tea shelves at Whole Foods Market 365 locations and Central Market.

GAIAM’s 25‐year mission has been to make yoga, fitness and wellness accessible to all. With the brand’s new organic electrolyte green teas, they’re taking that mission beyond the mat by offering delicious, healthy and hydrating beverages that are affordable and accessible to all consumers. The USDA‐certified organic green teas contain just 2 grams of sugar and 20 calories per 16.9 ounce Tetra Pak carton and are available in four flavors to please a range of palates. Currently their line‐up includes Lemon, Mint, Hibiscus and Pomegranate, which appeal to all customers of any beverage preference, from classic to curious.

"We're thrilled to expand the GAIAM brand into the beverage space for the first time with the launch of branded organic green teas. This expansion speaks to the strength of the GAIAM brand in the health and wellness space, and is also a great example of one of the many untapped opportunities of new categories where we can take the brand going forward," said Eddie Esses, President of Sequential's Active Division.

“We’re looking forward to showcasing one of our new, organic tea brands, GAIAM Organic Green Teas at Expo West,” said Matthew Jimenez, Founder and CEO of MindFull Inc. “The partnership between GAIAM and MindFull reflect our mutual missions around wellness. We’re thrilled to offer a line of organic beverages that offer functional nutrition in eco-friendly, sustainable packaging. Our goal is to provide a low sugar, electrolyte tea that delivers the perfect refreshment any time of day.” 

GAIAM also uses artesian spring water containing naturally‐occurring electrolytes and minerals for hydration. GAIAM Organic Green Teas are packaged in 100 percent recyclable Tetra Pak cartons composed of up to 70 percent renewable materials (predominantly paperboard with a plant‐based cap). Beyond the ecological benefits, GAIAM Organic Green Teas are also light and resealable, a convenient choice for people with on‐the‐go lifestyles and are easier to carry compared to glass and aluminum counterparts.

“We’re excited to be launching the GAIAM Organic Green Teas nationwide in March,” said George Daines, global beverage category manager at Whole Foods Market. “Whole Foods Market prides itself in providing our guests with some of the highest quality organic options in the grocery industry. We enjoy supporting brands that share our values in offering more wholesome choices, sustainable packaging and innovative beverages without sacrificing delicious taste.”

About MindFull Inc. & GAIAM

MindFull Inc. was founded in 2018 with the mission of bringing innovative food and beverage products to market that feature the highest quality ingredients, sustainable packaging and ethical sourcing to improve the overall health and well‐being.  MindFull partnered with GAIAM, a 25‐year old yoga, fitness and wellness brand to create GAIAM Organic Green Teas furthering their mission to make wellness accessible to all.

About Sequential Brands Group, Inc.

Sequential Brands Group, Inc. (Nasdaq:SQBG) owns, promotes, markets, and licenses a portfolio of consumer brands in the fashion, home and active categories, which includes GAIAM. Sequential seeks to ensure that its brands continue to thrive and grow by employing strong brand management, design and marketing teams. Sequential has licensed and intends to license its brands in a variety of consumer categories to retailers, wholesalers and distributors in the United States and around the world. For more information, please visit Sequential's website at: .

A photo accompanying this announcement is available at

For media inquiries, contact: 
Sequential Brands Group 
Katherine Nash 
  
512.757.2566 
EN
12/02/2019

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Sequential Brands Group Inc

 PRESS RELEASE

Sequential Brands Group Receives Notice of Delisting or Failure to Sat...

Sequential Brands Group Receives Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standards; Transfer of Listing NEW YORK, Aug. 31, 2021 (GLOBE NEWSWIRE) -- As previously disclosed, on May 25, 2021, Sequential Brands Group, Inc. (“Sequential” or the “Company”) and certain of its subsidiaries received a letter from the Nasdaq Stock Market (“Nasdaq”) notifying the Company that as a result of not having timely filed its Quarterly Report on Form 10-Q for the period ended March 31, 2021 (the “Form 10-Q”) that the Company was not in compliance with the requirements of Nasda...

 PRESS RELEASE

Sequential Brands Group Commences Voluntary Chapter 11 Proceedings

Sequential Brands Group Commences Voluntary Chapter 11 Proceedings Company to Facilitate Transaction Process and Sale of Its Assets Through Court-Supervised Process Receives a Commitment for $150 Million in Debtor-in-Possession Financing NEW YORK, Aug. 31, 2021 (GLOBE NEWSWIRE) -- Sequential Brands Group, Inc. (“Sequential” or the “Company”) (NASDAQ:SQBG) today announced that it, together with its wholly-owned subsidiaries, has commenced voluntary Chapter 11 proceedings in the U.S. Bankruptcy Court for the District of Delaware (the “Court”). The Company determined that, as ...

 PRESS RELEASE

Sequential Brands Group Announces Sale of Heelys Brand

Sequential Brands Group Announces Sale of Heelys Brand NEW YORK, April 26, 2021 (GLOBE NEWSWIRE) -- Sequential Brands Group, Inc. (Nasdaq:SQBG) announced today that it has closed on the sale of its Heelys brand to BBC International for $11 million in cash proceeds. “The divestiture of the Heelys brand was an outcome of the Board’s exploration of strategic alternatives, a process that is still underway,” said William Sweedler, Executive Chairman of Sequential. “The Heelys brand was originally acquired in 2013 for a net purchase price of approximately $5.5 million (after accounting for cas...

 PRESS RELEASE

Sequential Brands Group Announces Fourth Quarter and Full Year 2020 Re...

Sequential Brands Group Announces Fourth Quarter and Full Year 2020 Results NEW YORK, April 15, 2021 (GLOBE NEWSWIRE) -- Sequential Brands Group, Inc. (“Sequential” or the “Company”) (Nasdaq:SQBG) today announced financial results for the fourth quarter and full year ended December 31, 2020. Reverse Stock Split: On July 27, 2020, the Company’s previously announced 1 share-for-40 shares (1:40) reverse stock split (the “Reverse Stock Split”) of the Company’s outstanding common stock, par value $0.01 per share became effective. All share and per share amounts in this press release reflect ...

 PRESS RELEASE

Norman Powell Inks Sneaker Deal with Legendary Basketball Brand AND1

Norman Powell Inks Sneaker Deal with Legendary Basketball Brand AND1 NEW YORK, March 15, 2021 (GLOBE NEWSWIRE) -- AND1, basketball’s original street ball brand, which is owned by Sequential Brands Group, Inc. (Nasdaq: SQBG), formally announces the signing of Toronto Raptors Norman Powell. As a San Diego native, the six-year Raptors “2” guard is slated to have a breakout season sporting AND1 footwear and apparel. The final dots of the partnership were connected by AND1 Head of Sports Marketing, Dexter Gordon. “We are excited about partnering with Norman. His drive, hardnosed athletic p...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch