Molson Coors Beverage Co is aiming for at least one in ten hard seltzers in the US to be produced by the group, according to its CEO.
Anheuser-Busch-InBev’s CEO Michel Doukeris has responded to concerns over the state of the US hard seltzer category, blaming the segment’s slowdown on the rise of ready-to-drink cocktails and seasonal fluctuations in demand.
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Augmented reality (AR) software is poised to revolutionise the way businesses interact with consumers in the digital sales channel, as well as transform operations by enabling repairs and maintenance to be carried out remotely, according to new research.
The Russian competition watchdog has approved an application by a domestic cheesemaker to buy PepsiCo subsidy Wimm-Bill-Dann Beverages.
In Just Drinks’ company results coverage:
Monster Beverage Corp has kicked off 2022 with a bumper first quarter showing, reporting record sales of US$1.51bn in the three months to the end of March.
Price hikes and consumers trading up have helped Anheuser-Busch InBev to a respectable rate of growth in its first quarter for 2022, with the group’s top-line nearly matching last quarter’s 12.1% rise, despite a COVID-19 resurgence in many regions.
Soft comparables and a favourable price-sales mix have helped Molson Coors Beverage Co to a double-digit top-line lift from the three months to the end of March.
Campari Group has reaped the rewards of a strong on-premise recovery in Europe in the first three months of this year, with sales rising by almost 30%.
A healthy first quarter has kicked off 2022 for Coca-Cola FEMSA.
In our data-centre:
Heineken’s Desperados brand has dipped its toes into the hard seltzer market with the launch of an alcoholic sparkling water in The Netherlands.
A coalition of nearly 100 American single malt whiskey producers has urged the country’s Tax & Trade Bureau (TTB) to establish a standard identity for the segment.
On the Just Drinks news pages:
Heineken’s Star Pubs & Bars unit is revamping around a quarter of its properties in the UK with a GBP42m (US$52.5m) investment.
Diageo’s Guinness Nigeria subsidiary has opened its new headquarters in the Ogba district of Lagos.
BrewDog’s co-founder & CEO, James Watt, is to donate 20% of his holding in the Scottish brewer to a new employee ownership programme.
PepsiCo is to make a US$1m donation to the a football refugee initiative organized by the United Nations High Commissioner for Refugees (UNHCR).
Brown-Forman has added two permanent expressions to its Jack Daniel’s stable, as the brand seeks to tap into demand for super-premium whiskey in the US.
Diageo’s Scotch whisky distilleries Lagavulin and Caol Ila are to release two single malt expressions to coincide with this year’s Islay Festival of Music and Malt.
From our parent company, GlobalData:
Brown-Forman was the busiest of beverage brand owners in recruitment terms during the first quarter of 2022, according to recently-released research.
References to the term ‘cybersecurity’ in beverage companies’ filings rose markedly in the final quarter of 2022, according to recently-released data.