Manufacturers

Celsius rocked by earnings miss as Pepsi shift backfires

Celsius rocked by earnings miss as Pepsi shift backfires

By Timothy Inklebarger

The energy drink maker cited SKU rationalization and a pause in innovation during its Alani Nu and Rockstar integration for the shortfall, countering investor anxiety with a $300 million stock buyback plan

Why Nestlé Waters chose joint venture over full exit

Why Nestlé Waters chose joint venture over full exit

By Donna Eastlake

Nestlé’s decision to sell 50% of its Waters business to Platinum Equity ends months of speculation. But why opt for a joint venture and what does it mean for the future of Peranel?

Suntory invests £14.5m to strengthen UK supply chain

Suntory invests £14.5m to strengthen UK supply chain

By Michelle Perrett

Suntory Beverage & Food GB&I (SBF GB&I), the producer of Ribena and Lucozade, has announced a £14.5 million investment in the UK in a new, state-of-the-art blackcurrant processing facility.

Coca-Cola navigates K-shaped economy with AI

Coca-Cola navigates K-shaped economy with AI

By Timothy Inklebarger

President and CFO John Murphy says the company is moving beyond a pre-COVID volume mindset to stay relevant with both premium and value shoppers

Which brands could Nestlé axe next?

Which brands could Nestlé axe next?

By Teodora Lyubomirova

Nestlé wants to become a leaner business. As it weighs its priorities, could brands like Coffee Mate and Carnation become dispensable?