Clinching global culture club membership by swigging Pepsi or Coke is not enough for soft drinks consumers in emerging markets, who are increasingly swayed by regional tastes, according to Euromonitor International.
Despite Coke's 2013 Super Bowl ad drawing criticism from some Arab-American groups who claimed that it furthered racist stereotypes, a clear majority of BeverageDaily.com readers disagree, although one critic attacked it more broadly, saying it 'smacks...
Heineken has confirmed to BeverageDaily.com that it is working with JP Morgan as it begins a strategic review of its Finnish business, and PepsiCo licensee, Hartwall but refused to comment on rumors of a potential $788m sale.
Crown Holdings has signed a deal with Austin-based HeatGenie to accelerate efforts to bring the latter’s self-heating for beverage and ‘sippable soup’ packaging technology to market in 2013.
With the US Department of Justice (DOJ) gunning to takedown AB InBev’s $20bn takeover of Grupo Modelo, the firm likely prefers peace talks in the Sheriff’s office to a High Noon-style shootout.
PepsiCo has reportedly strengthened its relationship with US PR firm Weber Shandwick, by briefing the latter to oversee an extension of its AMP energy portfolio that taps the brand’s racing heritage.
Carlsberg today formed a JV with a Burmese brewer to produce and market its brand portfolio, and told BeverageDaily.com the nation offered 'huge growth potential' in an under-penetrated beer category.
Anheuser-Busch InBev (AB InBev) will fight a US Justice Department (DOJ) lawsuit to halt its $20bn Grupo Modelo takeover, but concedes it will not complete the deal on schedule by Q1 2013.
Crown predicted strong unit volumes in beverage and Bemis expects to push ahead after a year of re-organising the business, as both firms reported their Q4 and full year results.
Nestlé Waters North America is under fire from high-profile US shock jock Glenn Beck, who rubbished the company’s Pure Life water and its PET bottle on his radio show Monday.
Diageo CEO Paul Walsh says he was ‘somewhat disappointed’ by the breakdown of talks to acquire the Jose Cuervo tequila brand, but hints his firm may make an ‘organic entry’ into the category in 2013.
The potential upsides in Diageo’s potential acquisition of a majority stake in India's United Spirits (USL) are clear but achieving acceptable profitability from the business may be tricky, according to one analyst.
The Coca-Cola Company and PepsiCo are looking to shift bottling assets onto strong franchise partners in order to refocus in house efforts on brand building and marketing.
Academy of Nutrition and Dietetics Draws Advocacy Fire
The Coca-Cola Company tells BeverageDaily.com it is fully committed to improving US health by partnering groups such as the Academy of Nutrition and Dietetics (AND), after an advocacy report claimed undue big beverage influence on the body.
While brominated vegetable oil (BVO) has been sitting on a list of food additives “permitted on an interim basis pending further study” for decades, it is not in ‘regulatory limbo’ and is safe to use in fruit-flavored beverages, insists the Food and Drug...
A 16-year-old student is claiming victory after PepsiCo announced it will remove emulsifier Brominated Vegetable Oil (BVO) from Gatorade in the US, but the firm says it will continue to use the patented flame retardant in Mountain Dew.
With rumors emerging that Danone is selling its 51% stake in its fruit juice JV with Chuiquita Brands International, one industry source told BeverageDaily.com that the French firm was likely ‘glad to be rid’ of a business blighted by mismanagement.
IMPORTANT TRADE BODY ATTACKS VIDEO FOR 'INACCURACIES' IN OPEN LETTER
After BeverageDaily.com published a story from a US pressure group this morning alleging that high US bottled water consumption had a hidden cost, we received the following response from the International Bottled Water Association (IBWA).
PepsiCo is significantly ahead of Coke in terms of the share of its UK cola sales in low or no calorie versions, the latest figures sent to BeverageDaily.com suggest.
The European Federation of Bottled Water (EFBW) strongly denies that bottled water has hidden costs for human health and the environment, after a US pressure group urged consumers to kick an $11.7bn global ‘bad habit’.
A recent M&A wave in brewing means that ‘global giants’ AB InBev, SAB Miller, Heineken, Carlsberg and CR Snow are piling the pressure on local players, particularly in markets such as China.
Coca-Cola Deutschland has confirmed to BeverageDaily.com that up to 450 jobs could be lost in Germany this year, as it faces a ‘warning’ wave of union strikes this week over a proposed pay deal.
Coca-Cola Singapore Beverages (CCSB) is changing its business practices as the nation’s competition commission agreed to end a probe into allegations of restrictive provisions in soft drink supply agreements.
Three crusading US politicians are demanding that top energy drinks and shots brands such as 5-Hour Energy, Monster, Rockstar and Red Bull provide them with data on ingredients and marketing claims.
COMING TOGETHER OR FALLING APART? COKE'S ANTI-OBESITY ADVERT DIVIDES OPINION
Leading food nutrition academic Marion Nestle tells BeverageDaily.com that she considers Coke’s new anti-obesity advertising drive ‘Coming Together’ an ‘astonishing act of chutzpah’.
HEINEKEN WINNING VOLUME AT EXPENSE OF MARGIN IN RUSSIA: ANALYST
Heineken has confirmed to BeverageDaily.com that it will move its Central and Eastern European (CEE) leadership team from Vienna to Amsterdam this summer, to better drive regional growth.
Molson Coors says its purchase of the Franciscan Well craft beer brand and microbrewery is a central step in its plans to build up a strong market share in Irish craft beer.
Pharrell Williams claims he created Q Qream liqueur “to celebrate the beautiful, independent and sophisticated women of today”. However, the dream went sour after partner Diageo did not keep to its part of the bargain to make the product a success, alleges...
Polyethylene terephthalate (PET) has big growth prospects if manufacturers build on its potential to deliver affordability for consumers, especially in emerging markets.
NESTLE POISED FOR CONTINUED CHINESE COFFEE DOMINANCE: ANALYST
Nestlé’s ‘smart investment’ in Chinese whole bean coffee is likely to consolidate its market-leading position within the category there, as it stands poised to release a local product, according to a top beverage analyst.
PepsiCo has signed a deal that confirms it as the strategic beverage supplier for all Burger King’s (BK’s) restaurants across China, via franchise bottler Pepsi Beverage Business (PBB).
Packaging firm Manjushree Technopack aims to double sales by 2015, driven by the growth of the middle class in India, and is poised to start construction on a fourth factory.
The Coca-Cola Company has confirmed that it has filed a police report in China targeting recent internet hoax rumors that its orange juice contains an illegal fungicide, and will pursue legal redress.
Dutch lager Heineken is the leading alcoholic drinks (AD) brand on Facebook but Smirnoff proved the fastest growing alcoholic drinks brands in December.
Increasingly, the Pepsi v. Coke cola fight is raging within the social media space, as well as in factories and between brands in stores. But who is delivering that Facebook knockout?
INDUSTRY VOICES: HEAD OF AKTIEFOKUS CHINA, JACOB DE LICHTENBERG
Chinese beer giant Tsingtao Brewery is set to further consolidate its leading market position in Shaanxi by significantly expanding capacity with two new breweries, while AB InBev is also rumoured to be keen on penetrating the central Chinese province.
Coke drinking is an effective first-line treatment to dissolve ‘gastric bezoars’ or indigestible masses that form in the stomach after foreign material accumulates there, according to a new Greek study.
AB InBev plans to breathe new life into Budweiser by releasing a stronger version of the beer in 2013, which it claims will offer US drinkers a more distinct flavor and taste.
Heineken yesterday lost its final appeal against a European Commission decision to fine it around €200m ($264.7m) for alleged collusion in an illegal Dutch beer cartel, as the European Court of Justice (ECJ) condemned ‘patently illegal’ behavior in the...
Moody’s says it will not downgrade its ratings of Carlsberg and Heineken, despite the potential harm a massive French tax increase in January could pose to national beer sales.
Coca-Cola Enterprises (CCE) CEO John Brock has taken a sideswipe at detractors of soft drink ingredients who he claims base negative comments on ‘bad science or no science’.
Non-profit watchdog the Center for Science in the Public Interest has urged Beyoncé to reconsider her $50m endorsement deal with PepsiCo so her image is not used “to promote Pepsi-Cola, a product that contributes to obesity, diabetes, heart disease, tooth...
Carlsberg says that UK government plans to introduce minimum unit pricing for alcohol are surprising and will not curb alcohol misuse, especially since the EU suggests such a policy could be illegal.
Despite giving us object lessons in corporate word wash, can PepsiCo pull off what seems like a slightly puzzling mission, namely a long-term plan to ‘drinkify' snacks and vice versa under its Power of One banner?
PEPSICO BOOSTS DISTRIBUTION & MERCHANDISING EFFICIENCY
PepsiCo says that its merchandising and distribution efficiency has improved radically since it began using the Apple iPhone and iPad alongside custom software apps specially developed in house.
PepsiCo has tweaked its US sweetening formula for Diet Pepsi to include acesulfame potassium as well as aspartame, a combination that Ajinomoto admitted today would boost the cola's sweetness potency.
Coca-Cola FEMSA has sealed a deal to acquire a majority stake in the Coca-Cola Company’s Philippines bottling operation in Mexico City, and hailed an import milestone in its history.
Coca-Cola Amatil (CCA) has signed a deal to distribute Swedish cider Rekorderlig in Australia from January 2014, and said its sales and distribution strength would help consolidate the brand’s market-leading position.
Coca-Cola has reformulated Glacéau vitaminwater for the British market by revamping packaging and reformulating its eight-strong range with a stevia-based sweetener that cuts sugar levels by 30% and cuts the calorie count by 30 per bottle.
