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Edrington sees ‘significant opportunities’ in premium US spirits

Edrington says it sees ‘significant opportunities’ in the US for brands such as The Macallan and Brugal Extra Dry rum, as it takes over distribution of its brands from Remy...

Setting ‘easy’ environmental targets not in AB InBev’s DNA

A top Anheuser Busch InBev (AB InBev) exec tells that challenging targets are crucial for the firm as he defends its lack of a ‘total target’ for cutting greenhouse...

Coca-Cola plans to expand soon after its victorious return to Burma

With the bunting barely cleared away following Coca-Cola’s triumphal march on Rangoon earlier this month, the company’s local partner has already indicated more celebrations are on the horizon.

‘Rottweilers at the gate’: Dad and brewer laments AB InBev legal letter

The co-director of a London, UK microbrewer founded by a group of fathers who named it after the local elementary school their children attend tells that receiving a threatening...

Fresh wings: Red Bull slugs EU vitamin B energy health claims

Energy drink leader Red Bull – previously hit by EU rejection of taurine health claims – is boosting its energy-attention marketing by using approved vitamin B claims.


Coke-owned brand Honest Tea predicts $100m+ sales in 2013 as it 'democratizes organics'

Seth Goldman, co-founder and ‘TEA-EO’ of entrepreneurial success story Honest Tea, tells that Coke’s ownership has helped the brand take Fair Trade and Organic credentials into the US mainstream....


Nestlé shrugs off Mondelez move to launch copycat Nespresso pods

Nestlé tells that ‘competition is nothing new’ to Nespresso after bitter rival Mondelez said it would launch system-compatible pods in the EU, but one beverage industry analyst warned it...

Rain, rain go away, you’re ruining CCE’s summer days…

Coca-Cola Enterprises (CCE) says its performance in the next six to seven weeks is ‘very important’ as it issued a profit warning yesterday after terrible spring and summer weather hit...


‘Britvic not the wounded animal it was last year’: City analyst on AG Barr merger

Despite provisional Competition Commission (CC) clearance for the AG Barr/Britvic merger, City analysts believe Britvic will ‘seek improved terms’ in light of its better recent performance.

Business has a 'huge runway' ahead of it: CEO John Cochran

Tennessee’s first legal moonshine brand claims 'explosive’ US growth

The new CEO of Tennessee’s first legal ‘moonshine’ brand Ole Smoky says the category is riding high on brown spirits growth and the millennial desire to try new things that...

Nestlé touts largest ever German investment - €220m in capsule coffee

Nestlé has started construction of a new €220m facility in Germany for manufacturing its Nescafé Dolce Gusto coffee capsules – the company’s largest ever German investment.

Twinings tea ‘antioxidant’ court row brews on in USA

A US court says a class action alleging that Associated British Foods (ABF) brand Twinings broke the law by labeling green, black and white teas as a ‘natural source of...

Brown-Forman salutes Aussie taste for super-premium Gentleman Jack RTD

Brown-Forman CFO Donald Berg says he is encouraged by ‘nice consumer interest’ in the Australian launch of Gentleman Jack RTD, the first market where the spirits giant has rolled out...

Sanford Bernstein Strategic Decisions Conference 2013

PepsiCo CEO slams ‘maniacal’ cola focus, says Stevia does not suit category

PepsiCo CEO Indra Nooyi believes a ‘maniacal focus’ on cola's woes is unhelpful within the US beverage market, and despite the firm’s heavy investment in Rebaudioside D-based sweetener innovation, claims...

News in brief

Suntory Holdings plots $4.7bn IPO to boost foreign M&A coffers

Suntory Holdings will list its food and non-alcoholic drinks business on the Tokyo Stock Exchange this year in a bid to raise $4.7bn from investors, as it bids to offset...

Politcian says constituents still feel 'let down by Diageo'

MP attacks Diageo on outgoing CEO Paul Walsh's 'excessive' pay packet

A Scottish MP has attacked Diageo’s remuneration of outgoing boss Paul Walsh, and says the people she represents in Kilmarnock still feel ‘let down’ by the firm for closing a...


SAB Miller bucks UK beer decline with imported lager success

SAB Miller's UK subsidiary Miller Brands has grown lager volumes 4% in the year to March 31, with especially strong performance from global brand Pilsner Urquell, which was up 10% during the year.

AB InBev angered by Ohio beer bill as craft brewers claim victory

Anheuser-Busch InBev (AB InBev) has attacked ‘free market restrictions’ after a controversial brewery bill was passed in Ohio, but the state’s Craft Brewer’s Association says the law protects craft brewers’...

Management target $45m cost savings to mAKE CASE FOR STANDALONE FUTURE

‘Bitter’ Britvic blow as firm plans to leave historic UK base cutting 230 jobs

Trade union Unite has described the threat to 290 Britvic jobs across three UK sites as a ‘bitter blow’and aims to talk with management next week in a bid to...


Coca-Cola Hellenic expects Coke sales to fizz as beer falls flat in Russia

Coca-Cola Hellenic (CCH) insists its brands will continue to take market share in Russia from PepsiCo, as well as brewers hit by taxes and alcohol advertising and kiosk sales bans.


Carlsberg faces Chinese challenge in booming Yunnan beer market

Danish multinational brewer Carlsberg, which once held a solid market share in the Southwestern Chinese province of Yunnan, is facing tough competition from new entrants and existing competitors desiring a...

Yakult ordered to pull Olympics-themed advert in UK over health claims breach

The UK Advertising Standards Authority (ASA) has slapped a ban on the broadcast of a Yakult TV advert, ruling that the ad implied there was a health advantage to drinking...

Indian issues

Excise issues tax notices to two Mallya empire companies

Two of flamboyant Indian drinks tycoon Vijay Mallya’s businesses have been issued show-cause-cum-demand notices by the Directorate General of Central Excise Intelligence for allegedly evading service tax of Rs91 crore...

Iron Maiden beer has been ‘big door opener’: UK brewer Robinsons

Independent UK brewer Robinsons, which created a real ale in partnership with rock band Iron Maiden, says the band’s ‘Trooper’ beer is already proving a ‘big door opener’ in sales...

Heineken follows Carlsberg into Burma with $60m brewery build

Heineken has signed a JV to produce and sell Heineken beers in Burma (Myanmar), and plans to build a $60m brewery there, following Carlsberg, Coke and Pepsi into the country.

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