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Nespresso launches $550m sustainability strategy

Nespresso sustainability Nestle The Positive Cup

Nespresso has launched a sustainability strategy, ‘The Positive Cup,’ which sets out the steps the company will take to meet its sustainability goals by 2020, and is based on a CHF500m ($550m USD) investment over six years.

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News in brief

US version of Coca-Cola Life has 60 calories per 8-oz glass bottle

Coca-Cola Life makes US debut, but can it reverse the cola category’s flagging fortunes?

Stevia-and-sugar-sweetened Coca-Cola Life is making its US debut this week following successful launches in Latin America and the UK.  But will it bring a surge of new - or lapsed - consumers to the cola category and help to reverse the flagging fortunes of the carbonates market?

Crafty Australian beer independents set sights on China’s middle-class

China’s craft beer market might not yet be as dominant as its Australian counterpart, but this will change as a growing and affluent middle-class opens its eyes and palates to craft beer imports.

ASA clears Estrella TV advert

The ASA (Advertising Standards Authority, UK) has backed a TV advert from Wells & Young’s Brewing Company, after the Youth Alcohol Advertising Council (YAAC) challenged whether the ad ‘encouraged irresponsible and immoderate drinking.’

Global Industry News

Young people eating snacks to ‘round out’ meals, says NPD Group from BakeryAndSnacks.com

Younger consumers are reaching for snacks to accompany and round out meals, and the better-for-you category is set to benefit most, finds The NPD Group.

Orkla ups chocolate game in the Baltics with Laima buy from ConfectioneryNews.com

Norwegian group Orkla has acquired Latvian company NP Foods Group and its Laima chocolate brand.

Insight

It is too early to praise industry for Thai prawn slavery meeting from FoodNavigator-Asia.com

When in June of this year, British newspaper The Guardian published a damning report tracing fishmeal that it claimed had been caught by workers kept in slave-like conditions, a public relations storm seemed to have broken loose.

India

PepsiCo to double investment in Indian snacks from FoodNavigator-Asia.com

PepsiCo chairman Indra Nooyi has pledged to double the company’s investment in its Indian food processing operation to add to the sizeable sums it has already spent in the country.

Trends

Spotlight

‘We’re less afraid of failure!’ Heineken exec on UK innovation
NEW PRODUCT GALLERY: SIX HEINEKEN 2014 INNOVATIONS

‘We’re less afraid of failure!’ Heineken exec on UK innovation

Heineken UK marketing director Jacco van der Linden insists the company has changed its culture to be...

Carlsberg steps up Malaysian security on ISIS attack threat
'NO EVIDENCE OF AN IMMINENT THREAT': CARLSBERG

Carlsberg steps up security at Malaysian brewery on Islamic State attack threat

Carlsberg tells BeverageDaily.com it is maintaining heightened security at its Malaysian brewery near Kuala Lumpur, after sympathizers...

Treasury Wine Estates hints at possible US acquisitions

Treasury Wine Estates hints at possible US acquisitions

Troubled Australian wine group and takeover target Treasury Wine Estates wants to accelerate its high-value US business...

Portman Group panel tight-lipped after Diageo criticism

Portman Group panel tight-lipped after Diageo criticism

The UK’s Portman Group has declined to comment after Diageo criticized a decision by the alcohol-funded body’s...

Analyst savages Coca-Cola Amatil for ‘really poor company culture’

Analyst savages Coca-Cola Amatil for ‘really poor company culture’

Merrill Lynch analyst David Errington has savaged Coca-Cola Amatil’s former management – insisting that they ‘compromised the...