Constellation Brands announced yesterday that its Mexican beer brand Modelo Especial is poised to overtake Heineken as the No.2 selling imported beer in the US.
Coke plans to cut at least 1,600 jobs globally including 500 roles at its Atlanta HQ – as the company ploughs on with a $3bn cost-cutting drive announced after an October profit warning.
Cowen and Company analyst Vivien Azer says her company likes Constellation Brands’ ‘outsized’ exposure to imported beer and expects that category to win more share from non-craft domestic brands in 2015.
Keurig Green Mountain and Dr Pepper Snapple Group (DPS) have struck a deal to develop products for the hotly-anticipated Keurig Cold at-home beverage system, following Keurig’s 2014 deal to work with Coca-Cola on the Cold platform.
A lawyer representing US consumers accusing Anheuser-Busch of deception over the Japanese credentials, or otherwise, of Kirin Ichiban beer says he is pleased to have settled the case.
Wells Fargo Securities analysts say plant-based beverages are a ‘unique growth opportunity’ and believe a partnership with WhiteWave Foods would bring Coke several important strategic benefits.
Executives at the top carbonated soft drink firms are more positive on the future of the category in the US, but the decline of diet drinks shows no sign of abating, according to an analyst from Cowen and Company.
Coca-Cola Enterprises has brought an end to its British polyethylene terephthalate (PET) bottle recycling joint venture with recently acquired ECO Plastics.
Division encompasses Quaker, Tropicana and Gatorade
PepsiCo has cut about 100 employees from its Chicago, Illinois office, home to the company’s North America Nutrition division, which handles the Gatorade, Quaker, and Tropicana brand lines.
Coca-Cola Amatil said today it plans to cut 260 jobs as part of AUD $100m cost-cutting campaign aimed at boosting profitability in its struggling Australian soft drinks business.
Brown-Forman will launch cinnamon-flavored bourbon Jack Daniels Tennessee Fire across the US in 2015 and says it is working hard to ensure such flavor line extensions aren’t simply a ‘flash in the pan’.
Coca-Cola milk brand Fairlife has come under fire for its 'sexist' Milky Pin-Ups advertising campaign. Are the posters offensive? Or necessary to distance Fairlife from ordinary milk?
WINE VISION 2014: TAYLOR'S PORT CEO ALSO WARNS OF RACE TO BOTTOM
Troy Christensen, CEO of Enotria Wine Cellars, warns the wine industry that spirits and beer have stolen its play book and says the industry needs to build ‘brand wine’ more effectively to attract consumers who can afford premium wines.
The global beverage sector is thriving - driven by dynamic and creative individuals around the world. But do you or a colleague have what it takes to be recognized by your industry peers?
CEO ALAN CLARK INSISTS SOFT DRINKS CENTRAL TO SAB GROWTH STRATEGY
The Coca-Cola Company and SAB Miller have inked a deal to combine their non-alcoholic bottling operations in Southern and East Africa into a $2.9bn turnover business that will accelerate sales in 12 high-growth countries.
Bai Brands CEO Ben Weiss says the Dr Pepper allied brand will hit $50m in sales this year and puts this down to a focus on ‘distribution at the expense of brand equity’ during the early ‘basement’ years.
Sidel announced it has signed a partnership with Sayeed International, an industrial packaging company in Pakistan, at Gulfood Mannufacturing 2014, in Dubai.
Coca-Cola Hellenic’s CEO says the firm is keen to take Monster Energy into new markets, as its lackluster performance in developed markets led by Italy hit summer soda sales.
In late 2013 US beer brand Yuengling started shipping bottles in Tite-Pak, a solid fiber carton designed to reduce glass breakage, and Graphic Packaging says soft drinks brands could also benefit.
In this exclusive video shot at Pack Expo in Chicago we canter through PMMI’s 2014 Beverage Packaging Market Assessment – exploring slow growth for pouches, concerns about glass supply quality and the importance of strong relations with retailers.
Liqui-Box has closed down its factory in Shenzhen, north of Hong Kong (under its former DuPont ownership) and relocated to a plant in Taizhou, on the eastern coast of China's Zhejiang province, facing the East China Sea.
The Center for Science in the Public Interest (CSPI) today filed an objection to a proposed settlement of the ‘copycat’ Vitaminwater lawsuits, claiming it only enriches lawyers and does nothing to stop what it alleges is the brand’s deceptive marketing.
Diageo has agreed to sell its Irish whiskey brand Bushmills to Casa Cuervo in exchange for full ownership of the Mexican distiller's Don Julio tequila brand.
Food, beverage and confectionery giant Mondelēz has opened an Asia-Pacific research and development centre that claims to be the biggest of its kind in Australia.
Jumps from B to A rating in Carbon Disclosure Project
HFC-free coolers, investing €3m in energy saving programmes, such as installing LED lighting across plants in nine countries and expanding the Russian sugar beet industry, to avoid sugar imports, are some of the initiatives Coca-Cola Hellenic (HBC) put...
Anheuser-Busch InBev CEO Carlos Brito says growth for Bud Light is the brewer’s top US priority as the brand lost less share in Q3 2014, and insists the company won’t spend more on marketing its growth value portfolio.
Unicer’s innovation head explains how adding pull-off caps to 200ml ‘Mini’ beer bottles allowed the Super Bock brand to win back market share from Portuguese rival Sagres in the late 2000s.
Weakening global demand for Scotch whisky could put the brakes on Diageo’s plans to upgrade its northern distilleries as part of the business’s £1bn expansion plan announced in 2007.
Coffee manufacturers could boost sales by developing the broader variety of products that consumers buy elsewhere in Europe, according to Carlos Diaz, food director at Food Innovation Solutions (FIS).
Danone Waters has warned that EU plans to introduce rules obliging bottled water brands to assess their product environmental footprint risks discriminating against hard-pressed SMEs.
Avantium’s partners include The Coca-Cola Company, Danone and ALPLA
Avantium’s food contact application for the monomer used to create polyethylene furanoate (PEF) has been backed by the European Food Safety Authority (EFSA).
Nestlé Japan will soon begin using a humanoid robot to sell Nescafé machines as the company devises new ways to appeal to customers in the brand’s biggest market.
Brazilian dairy Vigor picks up Silver for its Actilife probiotics
Coca-Cola’s Del Valle Reserva juice and Vigor’s Actilife probiotics have been recognised for their Tetra Pak products at the 2014 ABRE Awards (Brazilian Packaging Association).
Coca-Cola Enterprises (CCE) says it is too early to ‘declare victory’ with stevia-sweetened cola Coca-Cola Life after September launches in Britain and Sweden.
As PepsiCo inks a deal with SodaStream to test launch its brands on the platform, Euromonitor analyst Jonas Feliciano says demand for such Pepsi-branded products is ‘debatable’.
The Coca-Cola Company’s chief marketing and commercial officer, Joe Tripodi, will retire from the company at the end of February 2015. He will be succeeded by Marcos De Quinto, a company veteran who is currently president of the Iberia Business Unit and...
As one analyst suggests that Dr Pepper Snapple Group has hit a ‘home run’ with Mexican mineral water brand Penafiel, the company says it hopes to increase distribution in the US.
Coke appears to be capitulating to the ‘new normal’ operating environment by lowering its revenue and volume growth targets, according to one financial analyst, while disaffected investor David Winters claims there is 'failure and disarray'...
Danone has sealed a deal with Philippine food and beverage firm Universal Robina Corporation (URC) to establish a joint venture to manufacture beverages in the country.
Heineken CFO Rene Hooft Graafland says the deadly Ebola virus has only hit the brewer’s business in Sierra Leone thus far, as lower European beer sales hit its bottom line in Q3 2014.
Once upon a time there was China tea. If you were Chinese and liked hot drinks, the local tradition in tea led the way. If you preferred coffee, especially the brewed kind, you were plain out of luck, as until recently, Nescafé was one of the very few...
Coke's Net Income FELL 14% to $2.12bn in Q3 2014 ending September 26
The Coca-Cola Company CEO Muhtar Kent will today identify value-added dairy as a top target category for still beverage retail value growth through to 2020.
We hope you enjoy today's special edition newsletter, which groups together four articles on beverage filling technology advances and trends, where investing in the right machinery is vital to win that competitive edge by supplying customers with...
Despite Heineken’s stated desire for independence after it knocked back an approach for SAB Miller, one financial analyst believes a deal could still be done.
