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Constellation Brands launches Bloody Mary-style beer in US

Constellation Brands says it is introducing a Bloody Mary-style beer in the US as it seeks to exploit a ‘pretty large category’ currently dominated by one player.

Molson Coors workers could strike as pay deal breaks down

Molson Coors UK workers at the UK’s biggest brewery producing Carling, Grolsch and Coors Light could take strike action after they narrowly rejected a new company pay offer.

Suntory could build UK ‘bridgehead’ with GSK brands Ribena and Lucozade

GlaxoSmithKline’s (GSK’s) brands Lucozade and Ribena are tempting targets for Far Eastern trade players such as Suntory Holdings that wish to establish a bridgehead in the UK, says an M&A...

Provexis seeks to demerge Science in Sport and Fruitflow

UK firm Provexis has filed to demerge the Science in Sport (SiS) consumer sports brand it purchased for €10m in June 2011 from its Fruitflow tomato-based ingredients business, as it...

‘Right zone, right positioning': Super premium success The Macallan

Edrington’s premium malt whisky The Macallan outstripped category growth by over 100%, in the past five years driven by strong sales in the US and the Asia, the company tells...

DIAGEO 'PLEASED' WITH US COURT DECISION

Major Brands CEO anticipates ‘significant’ damages from Diageo

Major Brands is claiming victory after a legal judgement allowed Diageo to break a distribution agreement in Missouri but raises the possibility of the spirits giant paying significant damages.

‘Prison wine’ from Italy will be locked behind US bars

Seven hundred year-old wine producer Marchesi de Frescobaldo has ‘released’ the first vintage of a wine made by prisoners on the Italian prison island of Gorgona, as authorities claimed such...

COULD FIGHT POSE FUTURE PROBLEMS FOR $7.76BN US JV MILLER COORS?

Molson Coors draws first blood in Canada court spat with SAB Miller

SAB Miller is disappointed by yesterday’s interim court injunction that stops it terminating its Canadian License Agreement with Molson Coors, and one City analyst warns that the spat could be...

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 BeverageDaily.com 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 BeverageDaily.com 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.

SETH GOLDMAN, CO-FOUNDER, SAYS BRAND 'CONTINUES TO INNOVATE'

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 BeverageDaily.com that Coke’s ownership has helped the brand take Fair Trade and Organic credentials into the US mainstream....

ANALYST BELIEVES IS 'VERY BAD NEWS' FOR NESPRESSO

Nestlé shrugs off Mondelez move to launch copycat Nespresso pods

Nestlé tells BeverageDaily.com 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...

UK SOFT DRINKS GIANT TO THRASH OUT BETTER TERMS IN AG BARR MERGER?

‘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...

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.

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