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Jack Daniel’s Tennessee Honey halo: ‘US bourbon is hot', Brown-Forman

Brown-Forman’s US flavored whiskey revolution continues, with Jack Daniel’s Tennessee Honey sales nearly doubling in the firm’s fiscal year to date, as the firm hails a ‘hot’ US bourbon category....

News in brief

SAB Miller invests $40m in new Namibia brewery to brew Carling

SAB Miller plans to invest $40m in a new 260,000 hectoliter brewery in Namibia, and says completion of the build by H2 2014 will allow it to make more key...

Nestlé coffee factory fire sparks mass evacuation

Nestlé tells BeverageDaily.com that it chose to evacuate hundreds of staff from its main UK coffee factory yesterday – which makes its Nescafé and Dolce Gusto brands – after machinery...

BEVERAGEDAILY.COM: FUNCTIONAL & HEALTHY BEVERAGES

Dairy-based soft drinks corner small market, but demand rising: Analysts

The market for dairy-based soft drinks is still small, but demand is on the rise, analysts have claim – backing up a 2012 Rabobank forecast that soft drink-dairy category “convergence” would increase....

Carlsberg bids $466m to take control off China’s Chongqing Brewery Company

Carlsberg says it is taking an ‘important step forward’ in China with a $466m offer for a controlling stake in Chongqing Brewery Company (CBC), in a move to double the...

Monster attorney: Medical evidence does not support allegation that Maryland teen died from ‘caffeine toxicity’

There is “no medical or scientific evidence that would support a finding that the death of Anais Fournier was causally linked to consumption of Monster Energy drinks”, say experts hired...

Oxfam thanks food industry for ‘bland’ and ‘complacent’ response to damning CSR report

Oxfam will step up its campaign to improve the treatment of people and resources that form part of the supply chain of the world’s biggest food conglomerates, after it cast...

United Spirits: India regulator gives green light for $2bn Diageo deal

The Indian Competition Commission (CCI) has approved Diageo’s purchase of a 53.4% stake in United Spirits (USL), saying that the £1.28bn ($2.04bn) purchase may boost the nation’s premium spirits market...

INDUSTRY VOICES: GUEST ARTICLE, HEAD OF AKTIEFOKUS CHINA, JACOB DE LICHTENBERG

Carlsberg mulls potential $1.2bn China M&A move in Chongqing

After a quiet beginning to 2013, M&A activity is heating up in China’s beer market, as Carlsberg said on Monday it was considering upping its stake in Chongqing Brewery, intensifying...

Monster Energy CEO chose ‘beverage’ birth to cut Red Bull advantage

Monster Beverage Corporation says it will reclassify Monster Energy as a beverage in the US to remove Red Bull’s competitive advantage, and admits that no 5-Hour Energy energy shot rival...

News in brief

Sean ‘Diddy’ Combs and Mark Wahlberg team up with maker of ‘performance water’ AQUAhydrate

Actor and producer Mark Wahlberg, who recently lent his name to a new range of sports nutrition products called MARKED, has teamed up with fellow celebrity Sean ‘Diddy’ Combs to promote and...

Unilever & Nestlé tell Oxfam to bring other stakeholders to food ethics table

Unilever and Nestlé say Oxfam missed an opportunity for a wider and more comprehensive debate about food ethics after the NGO published a damning report on the supply chains of...

miller coors jv partners will both 'vigorously' contest action

Molson Coors sues SAB Miller for move to kill Canada licensing deal

Molson Coors has launched legal action against SAB Miller in response to the UK company's move to terminate a licensing agreement granting the US-Canada brewer rights to license SAB products...

AB InBev fiercely denies ‘watered down’ Budweiser allegations in face of US class action

A US class action alleges that Anheuser-Busch InBev (AB InBev) labels showing the alcohol content of brands such as Budweiser are ‘false in every instance’, with consumers deliberately overcharged for...

Coca-Cola Enterprises defends ‘French way’ after fierce Titan attack

Coca-Cola Enterprises has ridden to the rescue of French industrial recovery minister Arnaud Montebourg following his spat with the CEO of US tyre firm Titan International, who claimed that Goodyear’s...

Ingredients and flavours drive double-digit development for Kerry

Irish food and ingredients giant Kerry Group has reported a 10.8% increase in operating profit for the year of 2012 on the back of strong growth driven by its ingredients...

Innocent Drinks has no plans to crack US as Coke swallows new stake

Innocent Drinks tells BeverageDaily.com it will retain its current European focus and has no plans to crack to the US, as Coca-Cola moves to acquire almost all the shares it...

News in brief

New 8oz format helped drive 30% rise in juice sales at POM Wonderful in 2012

Strong sales of POM Wonderful’s new 8oz bottle of 100% pomegranate juice helped POM post a 30% rise in juice sales in 2012, said the California-based firm. 

Nestlé loses latest skirmish in Nespresso coffee capsule wars

Nestlé says it is disappointed that a German appeal court has not granted it an injunction to stop sales of Nespresso compatible pods made by a smaller Swiss rival.

DISPATCHES FROM CAGNY, FLorida 2013

Sweet PepsiCo impasse delays beverage review until 2014

PepsiCo CFO Hugh Johnston tells analysts the firm believes its new sweetener innovations will be 'more evolutionary than revolutionary' and that work in this direction has delayed a beverage business review until 2014....

Mexican regulators scrutinize $76m UBS brokered Coca-Cola FEMSA share trade

Mexican authorities are reportedly examining a $76m trade brokered by UBS in Coca-Cola FEMSA shares just hours before the firm announced its acquisition of rival bottler Grupo Yoli on January 17.

Carlsberg defends slight erosion in Russian market share

Carlsberg insists that analysts following the firm should take a long-term view of its market share in Russia, as it brushed off concerns over a slight erosion of its position...

News in brief

Campari buys back Appleton Rum US distributon rights for $20m

Campari America has agreed to pay $20m to Kobrand Corporation to secure the distribution rights to its recently acquired Appleton Rum brand portfolio in the US, and 'exploit the brand's...

Molson Coors shies away from major M&A in short term

Molson Coors does not contemplate making any major acquisitions in the short term but says it may examine small portfolio ‘in fills’ if the right transactions present themselves.

‘Terrific' Russia position boosts PepsiCo beverage business: Indra Nooyi

PepsiCo CEO Indra Nooyi says the firm has a ‘terrific position’ as the top food and beverage business in Russia, where 10% organic revenue growth in 2013 helped offset weaknesses...

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