Coca-Cola CEO James Quincey says that the company is well-versed in surviving crises over the course of its 134 year history: “Every previous crisis – military, economic or pandemic – the Coca-Cola Company has come out stronger”. So how is it dealing...
The Coca-Cola Company’s worldwide volumes have declined around 25% since the beginning of April, with almost all that decline coming from away-from-home channels. “The ultimate impact of coronavirus on 2020 is unknown at this time,” says the beverage...
Lockdowns are stretching into further weeks. What have people in the beverage industry learned from this new way of working - and how are they making the most of their time? We find out how businesses are adapting.
The ‘status spirits’ market – brands that retail for $100 or more – is growing ahead of the total spirits market: representing more than $8bn in global value. And while the long-term impact of COVID-19 on beverage alcohol is yet to be fully known, status...
The US craft beer category grew 4% in 2019, against the backdrop of a 2% fall in the total beer market. But while small and independent brewers entered 2020 on a strong foundation, they now face 'extreme challenges' as a result of the coronavirus...
Sales of alcohol and fresh foods on e-commerce in China have surged during the COVID-19 epidemic, with market analysts predicting that the changes in consumer buying habits are here to stay.
The Specialty Food Association’s (SFA's) Summer Fancy Food Show, scheduled for June 28-30 at the Jacob Javits Center in New York (which has recently been turned into a makeshift hospital), is the latest major food show to be canceled due to the coronavirus...
Nutrition businesses such as Fonterra and Danone are devoting resources into making hygiene products, such as ethanol and face masks, to help meet the exceptionally high demand in light of COVID-19 spread.
Social engagement with alcohol brands has risen far more than other sectors during the coronavirus pandemic. And people are particularly keen to engage with brands that are donating money or resources to coronavirus relief efforts.
Soft drinks supplier A G Barr, which has brands including Irn-Bru and Rubicon, has revealed it has seen a “significant impact” in out-of-home consumption following the Government ‘lockdown’ on 23 March.
Amid tales of furloughing, cash flow problems, and shuttered doors, Minor Figures is getting creative. CEO Stuart Forsyth tells us how the oat m*lk brand is doing its bit to keep small businesses afloat.
The Brewers Association (BA), which represents US independent brewers, has released its annual top 50 list according to craft beer sales volume: along with an overall top 50 brewers list.
The Specialty Food Association's (SFA) Summer Fancy Food Show is scheduled to take place in June in New York City: but its location - the Javits Center in Manhattan - is currently being converted into a makeshift hospital.
Last week the US passed a $2.2 trillion stimulus package for economic relief from the coronavirus pandemic. Assistance to small businesses will help craft alcohol producers keep going.
The coronavirus crisis is a massive blow to many small businesses. But some start-ups have quickly adjusted to the new reality: ramping up online sales or swiftly making new marketing strategies. We talk to four entrepreneurs who may have had to throw...
With the Covid-19 pandemic disrupting every aspect of daily life and business around the globe, Rabobank brings its international team (Southeast Asia, Europe, and North America) together for a briefing on how Covid-19 is impacting consumers and businesses...
Spirits companies around the world are donating alcohol and production facilities to make hand sanitizer. In the US, the Distilled Spirits Council of the US is streamlining efforts in a dedicated portal to connect suppliers, producers and medical professionals....
As the coronavirus outbreak continues to spread, beverage brands are donating their money, time and products to keep their communities afloat in uncertain times. Here's just some of the initiatives that have emerged this week.
Spirits giant Diageo has pledged to provide more than eight million bottles of hand sanitiser – through donating two million litres of alcohol to manufacturing partners – in the fight against COVID-19.
Craft brewer BrewDog will open 102 bars online this Friday, with the new virtual bars offering beer tastings, homebrewing masterclasses, pub quizzes, live music and comedy.
PepsiCo is hiring 6,000 new, full-time employees over the next month and is providing additional compensation to the more than 90,000 frontline employees – those who “make, move, and sell” PepsiCo products – at both PepsiCo Beverages North America and...
With the economic fallout from the COVID-19 crisis only likely to worsen, the federal government is announcing different forms of aid packages. US alcohol associations are now asking for assistance.
The beverage industry is keeping a close eye on the rippling effects from the COVID-19 pandemic. And in the US, there have been a few positives mixed in with the negatives, such as a boom for ecommerce.
