The drinks trade has faced one of its “most challenging times ever” Dayalan Nayager, managing director, Diageo Great Britain, Ireland and France has said.
Despite headwinds from closures of away-from-home channels due the ongoing pandemic, Danone grew sales and household penetration of its US plant-based and premium dairy brands for the first half of 2020.
Heineken claims the COVID-19 pandemic constitutes a “major negative macroeconomic development” that is having a “significant impact” on its markets and business in 2020.
The Coca-Cola Company will launch a hard seltzer under its Topo Chico brand later this year; while Coca-Cola With Coffee will make its debut in the US in 2021.
Danone believes that the cornonavirus pandemic will result in a polarization of the food sector, as consumers trade up to healthier products in some areas and trade-down to cut household expenditure in others. “There will be a polarization of the market....
Confectionery giant Perfetti Van Melle has collaborated with Toyo Beverage to introduce its first range of drinks in Japan under the Chupa Chups brand.
While AB InBev’s Q2 performance was materially impacted by the COVID-19 pandemic as expected, it has seen ‘considerable improvement’ over the course of the quarter.
Global beer giant AB InBev is rebranding flagship pink beer Hoegaarden rosée in Thailand for the first time on August 1, with the aim of accentuating its key ingredient, raspberry, and enhancing appeal with its main target female demographic.
A G Barr, the soft drinks company that produces Irn-Bru, Rubicon and Funkin, has reported “significant trading volatility” in its interim results following the outbreak of the coronavirus pandemic.
Organic wellness shot brand Vive Organic has raised $13m in a Series B round led by Monogram Capital, with participation from Cambridge SPG and Powerplant Ventures.
Britvic, the soft drinks supplier, has said there remains a “high degree” of uncertainty about the pace and level of full recovery in the wake of the coronavirus pandemic.
Tennent’s, the Scottish brewer owned by C&C Group, has invested £2.6m to install a carbon capture facility at Glasgow’s Wellpark Brewery, allowing it to capture more than 4,200 tonnes of carbon dioxide annually.
Coca-Cola European Partners (CCEP) has invested in recycling start-up CuRe Technology, as part of its journey towards making all its packaging 100% recyclable.
