Diageo has declined to comment on the possible business effects of stiffer alcohol laws in Turkey, insisting only that it remains committed to its business in Turkey.
“The most common mistake by western fast moving consumer good (FMCG) companies who launch new food and beverage brands in emerging markets is that they jump straight in to a Pleasure position with their brands.”
Still drinks continue to attract new consumers in Indonesia and Coca-Cola Amatil was smart to expand its Minute Maid range with new flavour variants there last year, Canadean insists.
ALCOHOLIC DRINKS GIANT INSISTS IT CAN STILL HIT 2015 GOAL
Johnnie Walker distiller Diageo admits that it fell off-track in 2013 against a 2015 target to cut the polluting power of wastewater by 60% but insists it is still on target to meet the goal.
A US man has taken a bath in 300+ cans of Pepsi MAX, in what must count of one of the more unusual uses for the cola and an act that lends the brand free publicity on err…tap.
Nestlé CFO Wan Ling Martello admits that Nestlé Waters faces a tough US waters environment in 2013 due to aggressive private label competition that has eroded its market share.
Dr Pepper Snapple Group (DPS) says a fire at a Texas bottling plant for carbonates such as Dr Pepper and 7UP is under investigation and insists production will restart shortly.
Nestlé says it will fight a UK High Court ruling in favor of smaller rival Dualit that one lawyer says is an 'open door' for copycat manufacturers of Nespresso compatible coffee pods.
Molson Coors CEO Peter Swinburn admits that premium light beer Coors Light struggled in Canada during Q2 2013 and says it has 'some work to do' to boost the brand's volume sales.
Anheuser-Busch InBev CEO Carlos Brito insists to analysts that US line extension Budweiser Black Crown ‘is delivering on its promises’, and says he is encouraged by flat core Budweiser brand sales.
Nestlé will introduce its premium-portioned capsule tea maker, Special.T, to consumers outside Europe for the first time when the brand goes on sale in Japan later this year.
Diageo CEO Ivan Menezes warns that the firm’s beer innovations in North America over the last year have failed and that it needs to ‘crack the code’ for brands such as Guinness that face increasing competition from super premium and craft beers.
In a country where demand for beans far outstrips supply, a new Nescafé’s coffee centre of excellence in the Philippines has been designed as a starting point to improve the quality and quantity of the local crop.
2011 LAUNCH FAILED TO TAP $770M 'SUSTAINED ENERGY' MARKET IN GREAT BRITAIN?
Coca-Cola Enterprises (CCE) has quietly withdrawn Powerade Energy, which took it took two years to develop, from sale in Britain and one industry source tells us he thinks the launch was ‘foolish beyond belief’
Dr Pepper Snapple (DPS) CEO Larry Young says the firm is very concerned by US sales declines in diet sodas and the company’s below average performance in that category.
PepsiCo CFO Hugh Johnston says the firm is not interested in buying Mondelez for a premium price of $80bn due to integration risks and dubious value for his firm’s shareholders.
Sports nutrition marketers have traditionally focused on young men, sports teams and hardcore athletes. In future, however, they will need to spend more time targeting women, weekend warriors and consumers pursuing individual sports and fitness activities...
MillerCoors will today attack the London Metal Exchange (LME) claiming that unfair aluminum market practices and lack of transatlantic oversight cost US industry an extra $3bn in 2012.
Dr Pepper Snapple Group (DPS) is settling a US court case over the use and marketing of antioxidants in 7UP and has cut them from drinks, while paying plaintiff lawyers $237500 in fees.
The chair of can giant Crown Holdings was tight-lipped when asked about the impact on the packaging industry if PepsiCo chose to spun-off its beverage business as 'activist-investor' Nelson Peltz demands.
Coca-Cola says it is confident it will prevail in a deceptive marketing lawsuit filed more than four years ago alleging it misled consumers by promoting Vitaminwater as a healthy ‘nutrient-enhanced water beverage’.
ACTION WILL REIGNITE ROW OVER WHETHER FDA SHOULD BETTER DEFINE 'NATURAL'
PepsiCo brand Naked Juice will stop using ‘all natural’ to describe its products due to lack of detailed regulatory guidance around the word ‘natural’, after agreeing to settle a class action for $9m.
Today's podcast rounds up two UK drinks adverts involving a Diet Coke hunk, a lawnmower and a Chinook helicopter from Coke and Heineken, which led to Advertising Standards Authority (ASA) adjudications.
The Coca-Cola Company CEO Muhtar Kent says the company is not happy with its Q2 performance and blamed lower volume sales on global economic weaknesses and unusually poor weather.
A top financial analyst is skeptical about the long-term viability of PepsiCo’s new ‘hybrid everyday value’ US pricing structure given Coke’s apparent bid to ‘aggressively out-promote’ the strategy.
As Royal-Unibrew inked a deal with Heineken last Thursday to buy Finnish drinks firm Hartwall for $470m (€612m), the Danish firm’s CFO Lars Jensen discusses the rationale for a ‘transformational’ deal.
PepsiCo brand Tropicana has failed in its bid to dismiss a US class action that claims it falsely labeled its orange juice as ‘100% pure and natural’ despite pasteurization, processing, coloring and flavoring.
Heineken has agreed to sell its Finnish 'multi-beverage' business Hartwall to Danish Royal Unibrew for €470m and the two brewers will extend a licensing agreement allowing the latter to brew the Dutch firm's eponymous flag brand under license.
The Coca-Cola Company and the World Wildlife Fund (WWF) have announced new environmental goals that include assessing the impact of the firm’s PET PlantBottle.
Nestlé says its newly opened $238m soluble coffee factory in Vietnam will meet growing demand in the region, and will allow it to better adapt products to local preferences.
The US FDA has issued a ‘No Objection’ GRAS letter allowing beverage manufacturers to use Pure Circle’s high-purity Reb D stevia to sweeten US products, a move that could reignite the Pepsi/Coke cola wars.
Nestlé Malaysia has broken ground on a new plant on the outskirts of Kuala Lumpur that it expects will double its local ready-to-drink production capacity by the time it opens in May next year.
Packaging guru Andrew Streeter tells BeverageDaily.com that Coca-Cola Life’s use of the PlantBottle in tandem with stevia reflects a determined move to give the brand an ‘additional cutting edge’.
More New Zealand consumers drank Tui beer over an average four-week period than any other brand bar Heineken, despite the former’s relatively poor taste performance, says Roy Morgan Research.
Constellation Brands says it is introducing a Bloody Mary-style beer in the US as it seeks to exploit a ‘pretty large category’ currently dominated by one player.
The Coca-Cola Company and JV partner PureCircle have discovered and made progress in developing a new stevia-based food ingredient Rebaudioside X and are seeking GRAS approval for it in the US.
Major Brands is claiming victory after a legal judgement allowed Diageo to break a distribution agreement in Missouri but raises the possibility of the spirits giant paying significant damages.
Speculation is sure to mount over the coming months as to whether Coke will extend the launch of mid-calorie Coca-Cola Life, the first version of its flagship cola to use stevia, beyond Argentina.
Danone Waters North America has redesigned its Evian Natural Spring Water bottle for the first time in 14 years, as it attempts to create a ‘new connection’ with US consumers within premium water.
BUT 'STEVIA DOES NOT WORK WELL IN COLAS': PepsiCo CEO WARNS
The Coca-Cola Company announced yesterday that it plans to launch the first Coke sweetened with stevia, in a mid-calorie offering targeting the Argentinian market, despite PepsiCo’s recent insistence that the natural plant-derived sweetener ‘does not...
Coca-Cola Enterprises (CCE) says that unlocking a ‘largely untapped’ Daytime at Home market in soft drinks consumption alone could add £201m ($308) to the category in Britain over the next five years.
ALL INTERNATIONAL BREWERS FACE SAME THREAT: HEINEKEN
Heineken insists it is ‘absolutely on top’ of the counterfeiting issues that can appear in emerging markets, after a Vietnamese gang producing fake Tiger and Heineken was busted last week.
Carlsberg tells BeverageDaily.com that Indian consumers expect ‘bang for buck’ with higher alcohol beers, as it launches the world’s first fruit-flavored strong beer tailored to the nation’s tastes, Tuborg Booster Strong.
BEVERAGEDAILY.COM SPECIAL EDITION: CLEANING UP THE BEVERAGE INDUSTRY
Coca-Cola Hellenic (CCH) tells BeverageDaily.com that updating cleaning-in-place (CIP) systems reduces water, chemical and energy use, which in turn cuts waste and brings time and cost savings.
COULD FIGHT POSE FUTURE PROBLEMS FOR $7.76BN US JV MILLER COORS?
SAB Miller is disappointed by yesterday’s interim court injunction that stops it terminating its Canadian License Agreement with Molson Coors, and one City analyst warns that the spat could be a symptom of broader tensions between the two brewing giants,...
STRAWBERRY VERSION OF 'APPLE ALE' DUE FOR US LAUNCH THIS FALL
Miller Coors says it plans to launch a strawberry version of Redd’s Apple Ale in the US this Fall, with one top company executive noting that flavoured alcohol and malt-flavored beverages are ‘on fire’ as a category.
