Coronavirus: AB InBev reports lost revenue of around $285m to date
AB InBev estimates that the COVID-19 outbreak has resulted in lost revenue of around $285m over the first two months of 2020.
Archives for February 27, 2020
Coronavirus could hit Diageo profits by up to $258m
Guinness maker Diageo says it expects a negative impact in fiscal 2020 due to COVID-19: given significant disruption to the on-trade in China and Asia and a hit to travel retail sales.
Molson Coors to launch Coors Seltzer in July
Molson Coors will launch a new hard seltzer under its Coors brand in July. “In the spirit of smart core innovation, what better brand than Coors to get into hard seltzers?” says the company.
Danone to acquire majority stake in Harrogate bottled water
Danone will acquire a majority stake in Harrogate Spring Water - one of the UK’s fastest growing bottled waters – adding the premium brand to a portfolio that includes evian, Volvic and Font Vella.
Shooting at Molson Coors campus in Milwaukee kills six
A mass shooting on Wednesday afternoon left six people dead, including the suspected gunman, at the Milwaukee, Wisconsin brewery campus of Molson Coors Beverage Company.
Poppilu to debut low sugar kids’ lemonade nationwide at Walmart: 'We're catering the taste to kids and the nutritionals to moms'
Poppilu – which has added a fresh twist to the lemonade category with the addition of antioxidant-packed aronia berries – is moving into the kids’ beverage aisle with the launch of what it claims is the first lemonade brand for kids in 1,295 Walmart...