Nearly nine months since launching its new sparkling water portfolio across its six regional spring water brands, Nestlé Waters North America has roughly doubled its household penetration compared to the same time last year.
‘Coffee is a significant, on-trend, fast-growing and profitable category’
On Friday Coca-Cola announced its $5.1bn acquisition of Costa, one of the world’s largest coffee chains. CEO James Quincey reveals the rationale behind the acquisition – and Coca-Cola’s plans for the company in the future.
Coca-Cola: ‘The acquisition of Costa will give us a strong coffee platform’
Coca-Cola will acquire UK coffee brand Costa Coffee, giving the soft drinks giant a ‘strong coffee platform’ as it seeks to grow its presence in the market.
Mitte, a ‘first of its kind’ smart home water system, has secured $10.6m in financing, in a financing round led by Danone Manifesto Ventures, VisVires New Protein Capital and Kärcher New Venture.
France-based company Saverglass has started production at its first North American factory, in Jalisco, Mexico. The $120m facility has created 400 jobs producing high end and premium glass bottles.
Coca-Cola Amatil has started a strategic review into growth options for SPC, an Australian processor of packaged fruit and vegetables, with a change in ownership, alliances or mergers on the cards.
Australian beer brand Cascade is discontinuing the use of plastic six-pack rings on its cans; with other Carlton & United Breweries brands to follow over the next 12 months.
Coca-Cola Singapore has launched a new line of low- or no-sugar ready-to-drink (RTD) teas called Authentic Tea House, as the firm continues its focus on reformulating products with lower sugar content.
Coca-Cola FEMSA is to sell back its 51% stake in Coca-Cola Philippines, after a tough period marked by labour unrest and the introduction of a sugar tax.
Domestic beer consumption in the US has fallen over the last two decades while China’s interest in American beer has spiked. Budweiser sales finally flipped in China’s favor in the first half of 2018 and the trend is expected to continue.
The European Bank for Reconstruction and Development (EBRD) is providing Egyptian dairy and juice producer, the International Company for Agricultural Industries Projects, S.A.E (Beyti), with a $44m loan.
‘Even in the best companies, zombies exist side-by-side with rock stars’
Coca-Cola is on a mission to ‘kill the zombies’: products that - for whatever reason - simply haven’t taken off. So far this year it has identified 125 ‘underperforming SKUs for elimination’ in one region alone.
Mainstream culture has seen huge changes with the rise of social media, the internet, ecommerce and smartphones. Innovation and disruption has turned many industries upside down when it comes to retail and marketing, but to date the drinks industry has...
New product launches, good weather and the FIFA World Cup has helped Coca-Cola Hellenic Bottling Company grow revenue 6.4% in the first half of the year.
Heineken will take a $3.1bn stake in the parent of China Resources Beer, China’s largest brewer. The deal gives Heineken greater access to the Chinese market; while China Resources will be able to grow in the premium market and potentially expand its...
A nutrient-rich, non-alcoholic beer can address the nutrients lost and changes to taste that patients face when undergoing therapy or treatments for cancer, its makers say.
Beer giant AB InBev today launches its ‘100+ Accelerator’: an accelerator program for start-ups working on the most pressing global sustainability issues. It will select 10 partners in its first round this year; investing $100,000 in each.
Molson Coors Canada and Canadian cannabis producer The Hydropothecary Corporation are to form a joint venture focusing on non-alcoholic, cannabis-infused beverages for the Canadian market following legalization.
Barley is not only the starting point for quality beer: it’s also the initial touchpoint for improved sustainability efforts, says AB InBev. As the brewer celebrates 50 years of partnership with barley growers in Idaho Falls in the US, it’s now looking...
Nestlé Dominicana, S.A. has inaugurated its new dairy production line for the Carnation and other dairy drinks brands (including Nesquik, Impulso, and others).
As it seeks to respond to today’s sugar-wary consumers, Coca-Cola has been boosting the sugar-free varieties in its trademark Coke portfolio. And while critics might point to the potential confusion between brands (how many people know the difference...
Heineken champions the performance of brand Heineken, with volume up 7.5% and the promising roll-out of non-alcoholic Heineken 0.0. But the company reported lower operating profit margin across the business in HY2018 and has cut its guidance for full-year...
Crown Holdings has scooped five awards at the 2018 International Metal Decorators Association (IMDA) Excellence in Quality Competition, including the event’s top prize, the Grand Award.
Budweiser’s position as global sponsor of the 2018 FIFA World Cup Russia has helped AB InBev drive the brand into new markets opened up by the combination with SABMiller.
As Molson Coors looks back on its first year of progress towards its 2025 sustainability and responsibility targets, it highlights two key takeaways. Firstly, the biggest challenge has been in creating a culture of change across the organization; and...
Gatorade Zero – PepsiCo’s sugar free version of Gatorade – is 'off to a great start', according to PepsiCo CEO Indra Nooyi; highlighting trademark Gatorade as a stronghold in PepsiCo’s North American Beverages Unit.
Corona Premier and Corona Familiar – the first major Corona innovations in over 25 years – are already exceeding expectations, says Constellation Brands; while it is also experimenting with premium spiked refresher Corona Refresca in test markets....
Coca-Cola Femsa - , the largest Coke franchise bottler in the world by sales volume – has acquired Uruguay’s Montevideo Refrescos from The Coca-Cola Company for US$250 million.
Heineken’s Lagunitas is launching Hi-Fi Hops, an ‘IPA-inspired’ sparkling water infused with cannabis: saying it is the first time a major brewery has successfully been represented in the THC-infused beverage space.
Production of Coca-Cola in the UK has been affected by a shortage of carbon dioxide with ‘temporary pauses on some production lines’. However, the company says has been no disruption to supply to date.
Coca-Cola and bottling partner Swire Group have opened a new production plant in Yunnan, China, adding another piece to the puzzle in the beverage giant’s China growth strategy.
Heineken is investing £40m ($55m) in Beavertown Brewery: allowing the London craft brewer to increase its brewing capacity 10-fold with a new 450,000hl brewing facility and visitor experience.
Kantar Worldpanel highlights Sprite as a ‘top performer’ in its global rankings of the most chosen consumer brands, on the basis of its worldwide penetration and number of interactions with consumers. So what has Sprite done right in a shaky market for...
Beer is all about natural ingredients: and that’s something the industry needs to emphasize in order to appeal to today’s consumers, says AB InBev CEO Carlos Brito. And beer also needs to learn from wine and highlight its connections to agriculture and...
Beer has a strong cultural heritage – and brewers have developed successful business models to allow them to grow and thrive - but this won’t be enough to assure the future of the category. Brewers will need to focus increasingly on the key trends valued...
In 2017, 19% of new coffee launches around the world were iced, ready-to-drink products: illustrating demand for refreshing, indulgent products, according to Mintel.
