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Latest news beverage manufacturers brands Coke, PepsiCo, Heineken, Diageo, AB InBev

Manufacturers

From financial wheeling and dealing and M&A to action on sustainability and climate change - keep tabs on the major market players including Coke, PepsiCo, SABMiller, Diageo and Monster Energy.

News in brief

AG Barr poaches Diageo supply chain guru as finance chief

Irn-Bru maker AG Barr has appointed Stuart Lorimer as finance director and he will join the soft drinks firm following a handover period at current employer Diageo.

Youngevity records strong growth in both multilevel supplement marketing and coffee roasting segments

Youngevity International, a multilevel marketer of nutritional supplements as well as a bulk coffee roaster, reported big increases in net revenue and gross profit in its second quarter of 2014,...

Chasing the elusive ‘Green Fairy’: Absinthe row erupts in Switzerland

Swiss absinthe producers from Val-de-Travers are attacking a Swiss federal court ruling that could deny their region a national monopoly on the terms ‘absinthe’, ‘fee verte’ and ‘la bleue’.

Survata is 'democratizing' consumer insights, says CEO

Consumer insights are no longer a luxury only big brands can afford, says online survey expert

Until pretty recently, food marketers looking to test new product ideas, brand names or pack designs could look to friends, family, and colleagues for cheap - though notoriously unreliable -...

Powerful Yogurt preparing to launch high-protein Greek yogurt drink

Powerful Yogurt is preparing to launch a high-protein yogurt drink that it says harnesses continuing demand for both Greek yogurt and high-protein beverages.

Senomyx expects PepsiCo or Firmenich to commercialize sweet taste modifier S617 in 2014

Senoymx says it expects either PepsiCo or flavor house Firmenich to commercialize proprietary sweet taste modifier Sweetmyx S617 in 2014 but is tight-lipped over who will be first to market.

GMCR 'hitting milestones' for 2015 Keurig Cold launch

Green Mountain Coffee Roasters CEO Brian Kelley insists the firm is on track for a fiscal 2015 launch of its cold carbonated soft drinks system and is working closely with...

Diageo’s lackluster 2014 gives CEO Menezes bonus blues

Diageo revealed yesterday that CEO Ivan Menezes, his predecessor Paul Walsh and CFO Deirdre Mahlan took home less than 10% of their possible bonus pot in fiscal year 2014 due...

News in brief

Almond milk accounts for almost 70% of sales in plant-based beverage category, says WhiteWave Foods

Almond milk now accounts for almost 70% of sales in the US plant-based beverage category compared with 55% this time last year, says WhiteWave Foods.

26-SERVE SQUEEZABLE PACK WILL SHARE SAME FORMAT AS NESTEA PRODUCT

Nescafe's answer to Mio: Nestle USA beverage boss hails 'major market innovation'

Nestle USA is poised to launch a 26-serve Nescafe ‘to go’ liquid coffee concentrate that consumers can add to water to create RTD coffee on demand, along the same lines...

'One swallow could make a digestive soda summer', Mintel Canada suggests

Over forty per cent of Canadian consumers would be interested in carbonated soft drinks such as Coca-Cola if they aided digestive health, according to Mintel.

‘Profits are sent to the corrupt West!’ Russian Communists push for Coke, Pepsi sanctions

Coca-Cola Hellenic says it's too early to comment after the Russian Communist Party called for sanctions on Coke and Pepsi, whose profits the party insists ‘are sent to the corrupt...

News in brief

Wolf Blass bidding war? TPG makes rival $3.1bn approach to Treasury Wine Estates

Penfolds and Wolf Blass brand owner Treasury Wine Estates has received a second $3.1bn takeover approach from a global private equity firm reported to be TPG Capital Management.

SEE INSIDE MONSTER ENERGY'S INNOVATION LOCKER: THE BEVERAGEDAILY.COM TOP 5

'Monster Energy Sunrise will have 'Orangina-type flavor': CEO Rodney Sacks

Monster Energy CEO Rodney Sacks insists new launch Ultra Sunrise will not go head-to-head PepsiCo's Mountain Dew Kickstart, despite its lighter 'Orangina-type flavor'.

Dispelling the US diet soda dirge: Moody’s says Coke best-placed to profit

Moody’s Investor Service believes Coke is better placed than PepsiCo and Dr Pepper Snapple to ride out the US diet soda storm, due to its strong position in international markets...

‘Coke didn’t treat Nestea like tea!’ Nestle Waters boss suggests soda giant had half-hearted approach

Nestle Waters USA CEO Tim Brown says he doesn’t think Coke ‘had a lot of heart’ for RTD tea brand Nestea in the US and suggests it blundered by treating...

Coca-Cola Company won’t ditch stevia in the UK

Sugar reduction campaigners have praised the Coca-Cola Company’s (CCC’s) refusal to drop the natural sweetener stevia in its Glaceau Vitaminwater in the UK, as it has done in the US....

ENERGY GIANT RUMORED TO BE READYING LAUNCHES TO GRAB MORNING, AFTERNOON, EVENING CONSUMPTION

Monster Energy trademarks Ultra Sunrise: Taking on Mountain Dew Kickstart?

Monster Energy has filed a US trademark for the term Ultra Sunrise and one analyst predicts the name will be used for a CSD that will take on $150m brand...

Coke launches ‘Source Africa’ initiative to ensure ethical Kenyan tea production

Coke CEO Muhtar Kent insists Africa is the ‘most dynamic region in the world I can see right now’ as he unveils a further $5bn system investment there and ethical...

Red Bull: 'All future claims will be medically and/or scientifically supported'

Red Bull offers $13m to settle false advertising lawsuit; 'No way judge will approve this', says attorney

Red Bull has agreed to pay $13m to resolve a class action lawsuit accusing it of falsely advertising its energy drinks as providing functional benefits above and beyond what might be...

I DON'T THINK COKE'S REVERSAL MEANS STEVIA HAS AN IMAGE PROBLEM': EUROMONITOR ANALYST

Coca-Cola Half Life? Zevia CEO predicts 'substantial damage' to Glaceau Vitaminwater after stevia U-turn

The CEO of soda brand Zevia insists Coke’s use of stevia in full-calorie Glaceau Vitaminwater has caused ‘substantial’ brand damage and says it raises questions over the future for mid-calorie...

PURECIRCLE COMMENTS AFTER FACEBOOK FIRESTORM FORCES GLACEAU TO DITCH STEVIA

Vitaminwater style reformulations ‘always challenging’: Stevia supplier PureCircle

Coke stevia supplier PureCircle insists formulating beverages such as Vitaminwater is especially challenging but says hundreds of drinks have been successfully reworked with the zero-calorie sweetener.

Consumer uproar forces Coke to strip stevia out of Glaceau Vitaminwater

The Coca-Cola Company has ditched stevia as a sweetener for Glaceau Vitaminwater in the US and will revert to the original sweetening system – which used crystalline fructose and, in...

Wine brand heritage doesn’t matter: Glossing the Rex Goliath effect

The success of newer US wine brands such as Rex Goliath and Barefoot suggests a new generation places less value on provenance and heritage than on what the drinks say...

5-Hour Energy hits back at biochemist claims shot ‘unsupported by science’

5-Hour Energy has hit back at a sports science researcher who says there is ‘chasm’ between the claims made by America’s top-selling energy shot and the scientific evidence for its...