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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...

NEWS IN BRIEF

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...

BIG BEER HIT BY TAX HIKES, ADVERTISING & KIOSK SALES BANS

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.

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

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.

Coca-Cola to offer low/no-calorie options in every market as it commits to 'being part of the solution' to obesity epidemic

Coca-Cola has pledged to offer low- or no- calorie beverage options in every market following criticism that it is still aggressively promoting full-sugar products in emerging markets while offering healthier options...

CCA boss defends Aussie Coke prices after blistering Coles attack

Coca-Cola Amatil (CCA) MD Terry Davis has responded to an attack from the CEO of retail giant Coles, who claims that Coca-Cola costs Australian consumers too much at a 60%...

Diageo boss to step down after 13 years

The boss of Guinness and Johnnie Walker whisky maker Diageo is to step down after 13 years at the helm, in what City analyst Investec described as “a well-flagged transition”.

Asian margins matter less than growth in key markets, Carlsberg CEO

Carlsberg CEO Jorgen Buhl Rasmussen says the firm is currently less concerned with building Asian margins than securing growth in a key region, particularly in markets such as China and...

News in brief

Danone on Sirma bottled water buy: 'Turkey is a strategic region'

Danone has signed an agreement to buy a 50.1% controlling stake in Turkish bottled water player Sirma, and said that Turkey was a 'strategic country' for its waters division.

Comment

Tinker, Tailor, Soldier, Sales? Beam Inc. profits from Maker’s Mark 'proofgate'

Beam Inc. revealed yesterday that bourbon brand Maker’s Mark Q1 2013 sales rose 44% due to short-lived plans for an alcohol cut that prompted a sales spike, but is this...

Coconut water fortifies diet when substituted for non nutritive drinks, research shows

Coconut water can make a positive nutritional contribution to the diet if it is used to replace high calorie, non nutritional beverages, according to new research presented the recent Experimental...

£62m UK brand set for Stateside rollout

Apple of AB InBev’s eye: Stella Cidre set for US launch

AB InBev CEO Carlos de Brito has revealed that the world’s biggest brewer will launch UK cider sales sensation Stella Cidre in the US within the next few weeks.

News in brief

Cott Beverages buys UK firm Calypso Soft Drinks

Cott Beverages has signed a deal to acquire UK food service player Cooke Bros Holdings for a undisclosed sum, and said the purchase fitted its diversification strategy as it aims...

Britvic: We think there is a real opportunity to create the concentrated fruit drink category in the US

Britvic Worldwide Brands is bringing the novelty of a fruit drink concentrate to the US with the launch of its leading kids drink brand in Alabama.

RC TEN Cola success proves ‘pleasant surprise’ for Dr Pepper Snapple

Dr Pepper Snapple (DPS) CEO Larry Young insists US retailers are working hard with his firm to develop a ‘better-for-you’ carbonates platform, and said Royal Crown Cola Ten’s initial success...

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