Mexico: Latest beverage news & analysis
Constellation Brands' beer business seems to have given analysts plenty of reasons to be cheerful, following the company’s first-half results, released yesterday.
Coca-Cola FEMSA has had to cut around 1,300 jobs as its copes with Mexico's new soda tax, but volumes are not being as badly affected as predicted, according to its CFO.
Mexico is a “good story” for Heineken as it continues to integrate FEMSA Cerveza, an analyst has said.
Coca-Cola FEMSA's CFO has said a proposed tax on sugary beverages in its domestic market of Mexico will reduce volumes and lead to job losses at the bottler's plants.
Grupo Modelo and Heineken are likely to lose “modest” volumes to craft brewers in Mexico after the opening up of the country's beer market, but the two global brewers will see some “net positive”, according to an analyst.
Mexico's soda tax has pushed volumes in the country down by 6%, according to a new health study released two years after the duty was brought in.
Constellation Brands has confirmed its intention to construct a second brewery in Mexico, as well as to raise the capacity further at its other facility in the country.
The Mexican division of Heineken has redesigned its Carta Blanca beer brand to appeal to younger consumers in the country.
The Coca-Cola Co's Mexican unit has withdrawn a Christmas advert in the country and issued an apology.
Heaven Hill has released a limited edition reposado expression of its Lunazul Tequila brand in the US.
Here's a round-up of this week's top stories in the soft drinks & bottled water categories. We also have similar round-ups for beer & cider and spirits & wine.
Currency headwinds have hampered Coca-Cola FEMSA’s third quarter and year-to-date performance.
Arca Continental, the second-largest Coca-Cola bottler in Latin America, has reported a strong third quarter and year-to-date.
The Coca-Cola Co has welcomed news that Mexico may cut its sugar tax.
Patron Spirits has partnered with French crystal manufacturer Lalique to create a high-end limited expression of its namesake Tequila.
Before the government introduced a new sugar tax this year, Mexico's soft drinks industry was one of the world's biggest. Despite the rise, it's still pretty huge, largely because - no matter the price - Mexican's won't give up their soda.
How are things shaping up in the beer battleground that is Mexico? CNN took a closer look at one of the world's biggest beer markets, by volume, where Anheuser-Busch InBev, through Grupo Modelo, and Heineken, through its 2010 acquisition FEMSA Cerveza, are dominant.
Anheuser-Busch InBev has sold the stake in Mexican football team Santos Laguna that it inherited through its US$20.1bn acquisition of Grupo Modelo.
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