New Zealand’s Indevin takes minority stake in local peer Invivo
New Zealand wine major Indevin has taken a minority stake in local vintner Invivo, pointing to "increasing global demand for …
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Boston Beer CEO to step down
Boston Beer Company CEO Michael Spillane will step down from his role at the US brewer after just over a …
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Does PepsiCo’s prebiotic cola have potential to pop?
The rise of prebiotic soda in the US has caught the attention of the giants of the soft sector. And, …
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Campari CEO points to “out-performance”, remains cautious on consumer confidence
Campari “out-performed” the spirits sector in most markets in the second quarter, CEO Simon Hunt said after the Aperol owner …
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AB InBev shares slide amid sales struggles in Brazil, China
Shares in Anheuser-Busch InBev tumbled today (31 July) after the world's largest brewer reported falling sales in Brazil and China. AB …
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EU wine, spirits to see 15% US tariffs
A 15% tariff on EU wine and spirits going into the US is expected to apply from tomorrow (1 August), …
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NewPrinces’ move for Carrefour’s Italy stores stuns sector
The origins of Italy’s NewPrinces date back little more than 20 years but, in its two decades of existence, the …
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Kenya alcohol watchdog proposes ban on sales in supermarkets
Kenya's alcohol watchdog has proposed new rules to control sales and consumption as it reportedly looks to tackle ongoing “substance …
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Kraft Heinz’s sales decline nears top end of full-year negative guidance
Kraft Heinz still expects organic sales to decline this year despite the US food major’s focus on innovation, marketing and …
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Maspex acquires majority control of Purcari Wineries
Polish food and drink giant Maspex Group has acquired Romania-listed Pucari Wineries through a voluntary takeover bid. The transaction was valued …
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Coca-Cola sells Nigeria dairy-and-juices business Chivita Hollandia
The Coca-Cola Company has agreed to sell dairy-and-juices supplier Chivita Hollandia to local food-and-beverage group UAC of Nigeria. Financial terms were …
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Nichols CEO on “pleasing” H1, UK growth and overseas strategy
Nichols, the UK-based soft-drinks business behind the Vimto brand, today (31 July) reported rising first-half revenue and underlying profits, even …
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Danone sues Chobani over cold brew coffee slogan, packaging
Danone has embarked on legal action in the US against rival dairy group Chobani, over the packaging and marketing of …
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RFK Jr. and MAHA want to change the US food and drinks industry. Will it work?
The US food and drinks industry continues to navigate a complex maze of challenges, including Inflation, supply chain headaches, sluggish …
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JDE Peet’s raises 2025 profit forecast
JDE Peet’s has lifted its forecast for annual underlying operating profit, which the coffee maker no longer expects to decline. The …
