Constellation Brands has acquired a minority stake in US wine brand Archer Roose: an ‘accessible luxury wine brand focused on offering consciously-crafted, worldly wines to a new generation of wine drinkers’.
Unilever’s major subsidiary in India Hindustan Unilever Limited (HUL) has highlighted a renewed focus on its tea and health foods portfolios in order to counter continuing inflation challenges faced in the country.
Monster Energy is fighting to grow its shelf space in the increasingly competitive energy drink category while also dealing with unrelenting inflationary cost pressures, said CEO Rodney Sacks on the company's Q2 2022 earnings call.
As the pandemic progresses and consumers delve deeper into how nutrition impacts their health, they are expecting more from the products they buy – pushing beverage makers to blur category lines to offer more benefits, according to Mintel.
PepsiCo is making a $550m investment in functional energy drink Celsius: further boosting its focus on the energy category and eying up a shared opportunity to drive growth and innovation in the sector.
Bottled water brand, ió fibrewater, unveils its new prebiotic fibre-infused water that has been developed to deliver 20% of the daily recommended intake of dietary fibre and 100% of the daily recommended prebiotic fibre intake.