Functional beverages have come a long way since consumers first got a taste of drinks that delivered more than taste and refreshment, LA Libations founder and CEO Danny Stepper said at The Beverage Forum in Chicago this week.
Coca-Cola CEO James Quincey acknowledges the UK sugar tax is likely to have ‘some impact’ on the company in the UK – particularly for classic Coca-Cola – but is optimistic that the industry is well prepared to minimize the impact of the levy.
Since closing a $1.1m seed series fundraising round led by Rocana Venture Partners, Après seems to be well on its way to addressing what its founders felt was a clear gap in the market of protein nutrition: the boutique fitness-frequenting woman.
Coca-Cola says its recent re-brand for Diet Coke has helped return the brand to volume growth in North America: while it is upbeat about trademark Coca-Cola as a whole with growth for classic Coca-Cola and the new Coca-Cola Zero Sugar.
French wine company AdVini has acquired a majority share in Stellenbosch Vineyards of South Africa, whose brands include the Stellenbosch Vineyards Collection of Fine Wines, Welmoed, Arniston Bay and Versus.