Archives for July 31, 2014

IVAN MENEZES CONFIDENT DIAGEO CAN REBUILD AN 'ATTRACTIVE BUSINESS'

‘Shui Jing Fang appears to be broken, from the outside’: Analyst tells Diageo boss

Sales of Diageo’s super premium baijiu brand Shui Jing Fang fell 79% in 2014, but CEO Ivan Menezes insists the firm can rebuild an ‘attractive business’ by slashing prices and improving route to market.

‘Great to have the brand back!’ ABI seizes back Corona control from Carlsberg in China

Anheuser-Busch InBev (ABI) today took back distribution control of Corona Extra from Carlsberg in China as CEO Carlos Brita insists the brand will extend its ‘super premium’ position in the country.

Scotch, haggis and Tunnock's tea cake sales rocket: Tesco hails Commonwealth Games effect

Tesco says the Commonwealth Games has heightened UK demand for iconic Scottish food and drink such as haggis, shortbread, malt whisky, smoked salmon, bottled water and Tunnocks tea cakes.

Harrogate Water Brands boosts jobs

Nearly 30 new jobs will be created at Harrogate Water Brands, following the opening of a new £6M bottling line.

Ocean Spray expresses ‘great sadness’ over Nevada death

Ocean Spray has confirmed to BeverageDaily.com that an employee died following a fatal accident at a fruit juice distribution center in Nevada, United States.

You’ll regret it in the morning: Review suggests alcohol-caffeine combo does not ‘mask’ intoxication

Mixing alcohol with energy drinks or other caffeinated beverages across different doses may not alter the awareness of intoxication as previously suggested, according to a meta-analysis.