Coke hit by sales decline
Will Coca-Cola be able to reach is annual volume growth target of
5-6 per cent this year? First quarter growth was just 4 per cent,
as declining volumes in Japan and Germany, and lower-than-expected
increases in US sales took their...
Heineken, Diageo buy Interbrew African stake
Heineken and Diageo have together acquired a 28.9 per cent stake in
Namibia Breweries from Belgian brewer Interbrew.
No impact from US boycott, claims Ricard
Patrick Ricard, CEO of French wine and spirit group Pernod Ricard,
has said that there has been no material impact on the company's
business from the boycott of French goods in the US.
Beer duty increase branded 'a tragedy'
The decision by UK Chancellor Gordon Brown to increase the duties
payable on beer has been met with dismay by a brewing sector
already burdened with taxes.
Good Q1 organic growth for LVMH
Good organic growth in the first quarter for luxury goods group
LVMH masked a decline in sales as a result of weakening exchange
Javo, WILD team up to push coffee flavours
Javo Beverage Company has teamed up with flavour giant WILD Flavors
to supply coffee flavouring systems to the packaged food and
Jeanjean results beat expectations
Jeanjean, the company which claims to be the biggest producer of
wines from the south of France, has reported better-than-expected
sales and profits for 2002.
Ocean Spray cuts jobs
Ocean Spray has axed 58 corporate-level jobs in a bid to streamline
the company and help it restore profitability for its
No float, for now, from Bacardi
Bacardi has denied rumours that it is talking to its banks with a
view to taking the company public - but how long can it stay
Amcor expands wine bottle plant
Amcor is building a second glass furnace on its existing wine
bottle facility in Gawler, South Australia, in a move that will
double its current production capacity.
Sweet success for Cargill
Cargill Sweeteners North America, a subsidiary of agro-giant
Cargill, has formed a marketing alliance with sugar beet processor
Wyoming Sugar to sell and distribute sugar products to the soft
Strong second year for trading platform
Global Wine & Spirits said transactions during its second year
of operation topped 23.3 million bottles, an increase of 191 per
Merger deals approved
Two international deals were approved last week - the takeover of
Panamco by Coca-Cola Femsa in Mexico and the merger of
Constellation Brands and BRL Hardy in Australia.
Changes ahead at ChampionLyte?
ChampionLyte says it is in the final stages of negotiations with a
former Snapple executive to head up the company's soon-to-be-formed
Riverwood and Graphic Packaging merge
Riverwood, parent company of Riverwood International, and Graphic
Packaging International have jointly announced a definitive merger
agreement that will create a global paperboard packaging company
with leading market positions serving...