Archives for October 16, 2016

Expo East

Spindrift finds cans better distinguish sparkling water from soda

Small changes in how Spindrift approached the fast-growing sparkling water category added up to a big opportunity for the brand, sales of which have grown 16 times since 2009, according to the company’s CEO and Founder Bill Creelman. 

Diageo wedges itself into hard soda space with Quaker City Malting Co.’s ‘old-timey’ malt beverages

Diageo has entered the hard soda category in the US with the launch of two new products in partnership with Philadelphia-based Quaker City Malting Co., hopping on the booming hard soda trend. 

More calories consumed from alcoholic drinks than soft drinks: Euromonitor

Up to four times more calories are consumed in alcoholic drinks than in soft drinks, according to data released by Euromonitor today. 

World's largest beer company AB InBev has ‘mindset of a startup', seeking to disrupt business with accelerator program

After three months of vetting nearly 1,000 entries to a joint accelerator program funded by AB InBev and Techstars Connection, ten startups have been selected for the 17 –week program where each team will be connected with mentors and advisors to help...

PepsiCo sets sugar reduction targets

By 2025, at least two-thirds of PepsiCo’s beverages will have 100 calories or fewer from added sugar per 12oz serving, according to targets announced by the company today. 

Constellation Brands sells Canadian wine business; buys US-based Charles Smith Wines

Constellation Brands has announced the sale of its Canadian wine business to Ontario Teachers’ Pension Plan for C$1.03bn ($785m USD). 

Award-winning Parisian boutique sells everything but French wine

What was once a well-kept secret has become an award-winning wine shop thanks to its labels from around the world.