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O Canada! Red Bull Summer Edition mauls Monster market share in Canada

Monster Energy admits that Red Bull’s successful Summer Edition launch with 7-Eleven meant it lost market share in Canada during Q3 2014, due its distribution partner’s ‘conflicting priorities’.

South Korea

Company out to buck trend with soy milk for Korea’s younger generation

A Korean company is attempting to breathe new life into a soy drink market that is now stagnating after years of fast-paced growth.

Finnish dairy Valio to detail iodine content on all milk cartons

Finnish dairy Valio has charged itself with educating consumers in Finland and Sweden on the importance of iodine consumption.

Irish Dairy Board expands China presence with Kerrygold UHT milk

The Irish Dairy Board (IDB) has expanded its presence in China with the launch of a long-life, whole milk product under its Chinese Kerrygold brand, Jin Kai Li.

Australia

Mondelēz opens Victoria R&D lab as Coca-Cola Amatil sheds jobs nearby

Food, beverage and confectionery giant Mondelēz has opened an Asia-Pacific research and development centre that claims to be the biggest of its kind in Australia.

Diageo, Casa Cuervo agree whiskey-tequila brand swap deal

Diageo has agreed to sell its Irish whiskey brand Bushmills to Casa Cuervo in exchange for full ownership of the Mexican distiller's Don Julio tequila brand. 

Jumps from B to A rating in Carbon Disclosure Project

Coca-Cola HBC to rebrand its cold drink equipment in 2015

HFC-free coolers, investing €3m in energy saving programmes, such as installing LED lighting across plants in nine countries and expanding the Russian sugar beet industry, to avoid sugar imports, are...

‘Focus No.1: Bud Light has to work!’ Anheuser-Busch boss reveals Top 5 US priorities

Anheuser-Busch InBev CEO Carlos Brito says growth for Bud Light is the brewer’s top US priority as the brand lost less share in Q3 2014, and insists the company won’t...

Diageo puts brakes on Scotch whisky expansion

Weakening global demand for Scotch whisky could put the brakes on Diageo’s plans to upgrade its northern distilleries as part of the business’s £1bn expansion plan announced in 2007.

Lewis Road Creamery ups chocolate milk production 4000% after 'unprecedented demand'

New Zealand dairy Lewis Road Creamery has increased production of a recently launched chocolate milk product from 1,000 litres a week to 40,000 in less than a month following "unprecedented demand."...

Launching a baobab brand is about educating consumers and telling a story, says drink startup

Consumers need to be taught what the ‘unknown’ baobab fruit is, according to beverage newbie Matahi.

Firm will commit a larger share of capital to shareholders in 2015

O-I North America sales drop 3% after decline in major domestic beer brands

Owens-Illinois (O-I) has released its financial results for the third quarter ending September 30, 2014, noting volume sales in North America fell 3%, primarily due to continued declines in the...

Japan

Nestle commissions empathic robot to sell its coffee machines in Japan

Nestlé Japan will soon begin using a humanoid robot to sell Nescafé machines as the company devises new ways to appeal to customers in the brand’s biggest market.  

‘We want to democratise spirulina’, says blue water start-up

Start-up firm Springwave says it wants to bring spirulina to the masses with its blue bottled water.

Rebel Kitchen celebrates Tesco listings in mission for healthy snacks

Start down with the kids: ‘It’s one of the best decisions we made as a brand’

Rebel Kitchen is launching its children’s coconut ‘mylks’ in Tesco this week, just 10 months after CEO and entrepreneur Tamara Arbib started the business.

‘Too early to declare victory’ with Coca-Cola Life: Coca-Cola Enterprises

Coca-Cola Enterprises (CCE) says it is too early to ‘declare victory’ with stevia-sweetened cola Coca-Cola Life after September launches in Britain and Sweden.

Pepsi’s 'homemade' SodaStream test: Sales trickle or treat?

As PepsiCo inks a deal with SodaStream to test launch its brands on the platform, Euromonitor analyst Jonas Feliciano says demand for such Pepsi-branded products is ‘debatable’.

Dr Pepper hopes for Hispanic ‘home run’ with Mexican sparkling waters brand Penafiel

As one analyst suggests that Dr Pepper Snapple Group has hit a ‘home run’ with Mexican mineral water brand Penafiel, the company says it hopes to increase distribution in the...

News in brief

The Coca-Cola Company’s ‘Hall of Fame’ chief marketing officer to retire

The Coca-Cola Company’s chief marketing and commercial officer, Joe Tripodi, will retire from the company at the end of February 2015. He will be succeeded by Marcos De Quinto, a...

Coke's capitulation to the 'new normal', and could a newly graduated MBA run the business? Analysts unpick Q3 2014

Coke appears to be capitulating to the ‘new normal’ operating environment by lowering its revenue and volume growth targets, according to one financial analyst, while disaffected investor David Winters claims...

Special edition: Healthy Ageing

Sports manufacturers ‘well placed’ to take advantage of growing healthy ageing market

Manufacturers in the sports nutrition space have the skills and knowledge needed to move in to the much larger and lucrative healthy ageing market, according to the chief technology officer...

Danone, URC agree deal to establish Philippine beverage JV

Danone has sealed a deal with Philippine food and beverage firm Universal Robina Corporation (URC) to establish a joint venture to manufacture beverages in the country.

Heineken CFO: Deadly Ebola virus has only hit our Sierra Leone business

Heineken CFO Rene Hooft Graafland says the deadly Ebola virus has only hit the brewer’s business in Sierra Leone thus far, as lower European beer sales hit its bottom line...

Coke's Net Income FELL 14% to $2.12bn in Q3 2014 ending September 26

Still waters run deep...and Coke eyes ‘value-added dairy’ growth potential

The Coca-Cola Company CEO Muhtar Kent will today identify value-added dairy as a top target category for still beverage retail value growth through to 2020.

Edrington and Beam Suntory will dissolve travel retail JV in 2015

Spirits giants Edrington and Beam Suntory announced today that they will end their Maxxium travel retail joint venture in April 2015 to ‘better integrate’ their European operations into their global businesses.