People on the move: New appointments in the beverage industry
Heineken, AB InBev and Constellation Brands are among those welcoming new faces to top jobs.
Archives for July 12, 2022
PepsiCo braces for higher inflation, elasticity shift even as it beats sales expectations
Even though PepsiCo beat Wall Street expectations in its second quarter and saw organic revenue growth soar 13%, prompting it to bump-up its full-year revenue expectations, the beverage and snack giant stopped short of also raising its earnings per share...
Pepsi Bottling Ventures invests $35m in US factory expansion
Pepsi Bottling Ventures LLC (PBV) is making a $35m investment to install a new state-of-the-art bottling line at its production facility in Winston-Salem, North Carolina.
What's hitting the shelves? New beverage launches
From craft collaborations to canned cocktails, we take a look at some of the new products launching around the globe.
NFTs for food safety? Tech could pave way for alcohol sector to offer luxury and authenticity in one fell swoop
Non-fungible tokens (NFTs) have been touted as a new-age way for premium alcohol brands to offer consumers a simultaneous luxury experience and authenticity guarantee, which could help solve some of the industry’s biggest food safety and fraud issues.