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Hawaii’s Kuleana Rum Works to boost sales, marketing with equity raise

Hawai‘i-based distillery Kuleana Rum Works is crowdfunding $1.23m to boost its sales and marketing presence in the US and expand …

PepsiCo’s North America drinks volumes slide in Q1

PepsiCo reported falling volumes from its North American drinks business in the first quarter of its fiscal year. The Mountain Dew …

Calvados maker Avallen signs De Kuyper distribution deal

Calvados supplier Avallen Spirits has appointed De Kuyper Royal Distillers as its distributor in the Netherlands. Avallen has sold its Calvados …

“There is still a future for these brands” – Pernod Ricard’s House of Tequila on the spirit’s global potential

Tequila’s slowing growth in the US last year is likely to have pushed many spirits heavyweights to reassess their strategies …

Coca-Cola signs $1.1bn deal with Microsoft in generative AI push

The Coca-Cola Company has signed a $1.1bn deal with Microsoft to improve its cloud computing and adopt the tech giant’s …