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Showing 20 results out of 10000

News

USA: Smoothies Recalled Due to Undeclared Ingredients, According to the Georgia Department of Agriculture

Georgia Commissioner of Agriculture Tommy Irvin announced today that two brands of smoothies are being voluntarily recalled by the manufacturer because they contain ingredients not listed on the label.Saratoga and Frooja brand smoothies are being recalled because they contain egg and milk proteins not listed on the label. Both brands are manufactured by The Fresh Juice Company of Florida. The company is headquartered in Winter Haven, Florida.The recall includes Saratoga Smoothies in 16-ounce containers in the following flavors: Banana, Mango, Peach, Strawberry Banana, Berry Peach, Raspberry, and Blackberry. The Frooja Smoothies recalled are in 12-ounce containers in the following flavors: Peach Mango, Plentiful C, Ginseng, Berry, Strawberry Banana, Fruit Salad, and Protein Rapture. Sell-by dates are between May 15 and July 12, 2000."Our food safety inspectors are checking to make sure these products have been removed from grocery store shelves during their routine inspections," said Commissioner Irvin. "Law requires that all ingredients be listed on the product label. This lets the public know exactly what they are eating and protects individuals who may have allergic reactions or have other health concerns relating to a particular ingredient. Consumers with concerns about these products may return them the place of purchase for a refund," said Irvin.

News

USA: US Olympic Committee Outmuscles Endurox R4 Sports Drink

On July 31, PacificHealth Laboratories, Inc. (NASDAQ:PHLI) distributed a press release on the Business Wire announcing an offer of free Endurox R4 to all US Olympians. Endurox R4 is a new nutritional sports drink shown in clinical trials to improve muscle recovery. The offer was to be included in an ad appearing in USA Today on Thursday, August 3.

News

USA: Endurox R4 loses out as USOC flexes its muscles

Endurox R4, the latest sports drink produced by PacificHealth Laboratories, received a rebuff of Olympic proportions yesterday when the organisers of the world's greatest athletics tournament pulled the plug on its first advertising campaign.PacificHealth accused the US Olympic Committee (USOC) of using "strongarm tactics" in persuading the newspaper USA Today to drop its full-page advertisement offering free samples of the drink to athletes competing at the Games in Sydney, Australia. Chairman and CEO of PacificHealth Laboratories, Dr Robert Portman, said in a statement that the ad was "consistent with copy guidelines regarding product advertising and the Olympics" and had been cleared by the USA Today lawyers. Endurox R4 purports to enhance stamina and endurance and, as a nutritional beverage, has shown to improve muscle recovery after strenuous exercise in clinical trials, Dr Portman claims.The company's embarrassment was also shared by Beverage Online Newsletter yesterday after managing editor, Judy Rice, highlighted the product in her weekly update to subscribers. She called the promotion "clever and conscientious" and concluded: "For PacificHealth, it looks like a win-win situation."A spokesman for the USOC declined to comment on the affair.

News

USA: Southwest Distribution Extended as Aqua Vie Obtains Placement in Movie Starring John Travolta

Aqua Vie Beverage Corporation (OTC Bulletin Board: AVBC), announced today that the company has reached an agreement extending product distribution into southern Nevada, including Las Vegas, and throughout the state of New Mexico.Management also indicated that the company is making significant progress in its distribution into southern California. The company has also landed an exclusive beverage placement with Warner Bros. for Aqua Vie Hydrators(TM) in the movie Swordfish, starring John Travolta, which will be released in 2001. Produced by award-winning Joel Silver (Lethal Weapon, Die Hard, The Matrix), Swordfish is described as a slick, action-and intrigue-packed story of a "reformed" ex-convict computer hacker plotting to steal billions from secret Government accounts."With Aqua Vie having been well received in the Bay Area, and now southern California coming to fruition, we are also very enthusiastic about following the sun into Las Vegas, southern Nevada, and New Mexico and the vast potential represented in these markets," said Thomas Gillespie, president and chief executive officer of Aqua Vie Beverage Corporation. "We are pleased with the several movie placements we have obtained recently and will continue to pursue additional product placements aimed at predisposing audiences and the entertainment industry's various spheres of influence," Gillespie said.Low-calorie, non-carbonated, all-natural Aqua Vie Hydrators(TM) are available in seven flavors, including Avalanche(TM), Bamboo(TM), Harvest(TM), Java(TM), McIntosh(TM), Paradise(TM), and Sun Tea(TM).

News

USA: Green Mountain Coffee, Inc. Reports Strong Third Quarter Sales and Earnings Growth

Green Mountain Coffee, Inc. (NASDAQ: GMCR) today announced continued strong sales growth, and even stronger earnings growth, for its third fiscal quarter, the twelve weeks ended July 1, 2000. Net sales were up 31.4% to $19,668,000 for the twelve weeks ended July 1, 2000, and total coffee pounds sold increased 20.

News

USA: Coffee House USA(TM) Authorized for Sale at Winn-Dixie Supermarkets

East Coast Beverage Corp. (OTC Bulletin Board: ECBV), a leading producer of ready-to-drink bottled coffee beverages, announced today that its popular Coffee House USA(TM) iced-coffee drink has been authorized for sale in Jacksonville, Florida-based Winn-Dixie Supermarkets (NYSE: WIN). Under the agreement, East Coast Beverage Corp. has begun shipping its product line of iced-coffee beverages to all 130 South Florida locations.John Calebrese, CEO of East Coast Beverage stated, "In keeping with our strategy that the success of any beverage is the quality of its distribution system and retail clients, the addition of Winn-Dixie to our existing prestigious base gives additional credence to the products growing acceptance."Calebrese added, "Winn-Dixie's approval coupled with last weeks announcement of Publix Super Markets' authorization gives East Coast Beverage full coverage of the South Florida market with product found virtually everywhere."

News

USA: Cerveceria Cuauhtemoc Moctezuma Launches New Presentations in the United States

Cerveceria Cuauhtemoc Moctezuma, FEMSA Cerveza's principal subsidiary, announced today that it has recently broadened its export portfolio in the United States by launching two new presentations: Tecate in a 16 oz. can and Dos Equis Lager in a 12 oz. can. Through this venture, Tecate confirms its leadership as the best-selling imported beer in a can presentation in the United States market, and becomes the first Mexican beer in a 16 oz.

News

USA: Lawsuit Claims Safeco Field Beer Vendor Received Illegal Price Breaks on Suds

Anyone who has purchased a beer at Safeco Field knows that brews do not come cheap at the Northwest's premier ballpark. However, according to a class action lawsuit filed today, the concessionaire at Safeco Field is reaping a windfall profit over and above the cost of the premium-priced beer, all through an elaborate -- and illegal -- conspiracy between a local brewery, its distributor and concessionaires.

News

USA: Slim-Fast Voluntarily Initiates Recall on Limited Codes of Ready-To-Drink Milk-Based Liquid Shakes

Slim-Fast Foods Company is voluntarily recalling the limited codes listed below of Ultra Slim-Fast Ready-To-Drink Milk-Based Liquid Shakes. This product may present a low risk of temporary gastrointestinal sickness, and should not be consumed. Five consumers have reported temporary gastrointestinal symptoms. The risk of serious adverse health consequences is remote. The cause of this situation has been fully investigated and corrected. Product being recalled was manufactured under the following codes which appear on the bottom of the can: 11oz Can Code Flavor of Ready-To-Drink Milk-Based Liquid Shakes------------------------------------------------- ETCD0138E Cappuccino Delight ETCD0142E Cappuccino Delight ETMC0125E Creamy Milk Chocolate ETMC0138E Creamy Milk Chocolate ETMC0142E Creamy Milk Chocolate ETAS0125E Strawberries 'N Cream ETAS0140E Strawberries 'N Cream ETAS0141E Strawberries 'N Cream Letters or numbers following the codes listed above should be disregarded. No other Slim-Fast products are included in this recall. "Our primary concern is always for the health of our consumers who rely on the Slim-Fast brand to meet their dietary and nutritional needs," stated Marc Covent, Slim-Fast president. "We believe the voluntary recall of this product is in the best interest of our consumers." Slim-Fast is working with the U. S. Food and Drug Administration in implementing this voluntary national recall and has notified all affected distributors and retail customers. Consumers who have purchased the product carrying the codes listed above should return them to the place of purchase for a full refund. Consumers with questions may contact Slim-Fast's Hot Line toll-free at (877) 424-4180. Media inquiries should be directed to John Gould, Director, Corporate Affairs, at (212) 906-4694

News

USA: Starbucks Reports July Revenues

Starbucks Corporation (Nasdaq:SBUX) today reported consolidated net revenues of $175 million for the four-week period ended July 30, 2000, an increase of 34 percent from consolidated net revenues of $131 million for the same period in fiscal 1999. On a comparable store sales basis (stores open for at least 13 months), sales at company-operated stores increased 8 percent for the four weeks ended July 30, 2000 as compared to the same four-week period in fiscal 1999. For the 43 weeks ended July 30, 2000, consolidated net revenues were $1.8 billion, an increase of 32 percent from consolidated net revenues of $1.3 billion for the same period in fiscal 1999. Comparable store sales increased 9 percent for the 43-week period ended July 30, 2000, as compared to the same 43-week period in fiscal 1999.

News

USA: Beringer Wine Estates Announces Fourth Quarter and Fiscal 2000 Earnings

Beringer Wine Estates Holdings, Inc. (NASDAQ: BERW) today announced record operating and financial results for its fourth quarter and full year ended June 30, 2000. Fourth Quarter Ended June 30, 2000 Fourth quarter adjusted net income increased 17% to $11.9 million, or $0.59 per diluted share. This compares with adjusted net income of $10.

News

USA: MBC Holding Company Announces Strong Second Quarter Results

MBC Holding Company (Nasdaq Small Cap Market symbol: MBRW) (formerly known as Minnesota Brewing Company) today announced results of operations for the second quarter of 2000, which resulted a 300 percent increase in earnings-per-share and a 96.4 percent increase in net sales for the quarter compared to last year.Net sales for its second quarter ended June 30, 2000, were $8,508,739, an increase of 96.4% from net sales of $4,332,550 in the second quarter of 1999. For six month period ending on June 30, 2000 the Company had net sales of $13,943,239, which is an increase of 82.8% from net sales of $7,627,692 for the same period in 1999. The Company reported net income of $513,770 or $0.12 per share in the 2000 second quarter compared to net income of $131,410 or $0.04 per share for the same period in 1999. Net income for the six month period ending on June 30, 2000 was $588,408 or $.13 per share versus a net loss of $260,302 or ($.07) per share for the same period of the prior year."I am extremely pleased with the strength of our 2nd quarter numbers," said Jack Lee, Chief Executive Officer for MBC Holding Company. "We saw strong growth in export sales, expanded contract brewing operations and enhanced cost cutting measures that are the result of agreements with Gopher State Ethanol. The combination of these factors produced these results."

News

UK: Britvic launches Juice Up £1.5m campaign

Leading soft drinks company, Britvic Soft Drinks, is all set to reveal the first of its TV advertisements on Monday, to boost the launch of Juice Up, its new range of chilled juice drinks.As part of a £1.5m campaign, Britvic has carefully chosen its broadcast schedule to reach both older children and teenagers. It is determined to maximise the potential of a product, they believe will add £53m to the category in grocery multiples alone."This is not just more run-of-the-mill advertising to kids, it is advertising for kids," said Britvic marketing director, Andrew Marsden."They are an upbeat and gritty portrayal of 14 year-olds taking life as it comes, with optimism and honesty."Commenting on Juice Up, Marsden said: "The timing is right for a nutritious new drink that satisfies cool kids and health aware mums. The response to Juice Up has already been extremely positive and we are confident that it will re-energise the fruit drinks sub category, driver market value and increase customer profit." Sarah Diston

News

MALAYSIA: Coca-Cola: Number one in Malaysia

Coca-Cola has been voted the number one soft drink in Malaysia by a Reader's Digest Super Brand 2000 survey.Not only is Coca-Cola still favourite in Malaysia, neighbouring countries Hong Kong, Thailand, Taiwan, Philippines and Singapore have also voted Coke as their number one choice.Reiner Becker, MD of Coca-Cola Far East Ltd, received the Reader's Digest Platinum Award for Excellence 2000 for outstanding brand performance.Becker said the Malaysian results reflected the company's efforts to identify its brand with local cultures, sporting endeavours and national aspirations. He added: "We are delighted that consumers from Malaysia, along with Asian consumers in every market voted, Coca-Cola their favourite soft drink.""Coca-Cola is more than just a soft drink, it represents fun and entertainment, which is why it continues to be favourite brand with Asian consumers." Reader's Digest is published in 48 editions and 19 languages and reaches almost 100 million readers around the world each month. Sarah Diston

Features

Growth Strategies in Soft Drinks

It's a multi-million dollar market and there's no indication that the bubble will burst. Apart from poor weather, it seems that nothing will stop the European soft drinks industry from growing further and faster. In 1998 alone, retail sales were worth in excess of US$44.6m, up 12.5% since 1994 according to Euromonitor International's report, The Market for Soft Drinks in Western Europe. Retail volume reached 57,642m litres, a 15% rise during the same period.

News

CHINA: Coca-Cola goes online in China

China is the latest country to be targeted by Coca-Cola, with the launch of Coca-Cola.com.cn, a virtual community for teens to make friends around the world.Targeting the teenage audience, the Chinese website has nine channels including: What's New and Fun; On-Line Games; Sports; Movies; Travel; Music; Latest Trend; ICQ and the newly opened Coca-Cola World. Coca-Cola World is a 3D online museum where internet users can chat and take part in events such as Coca-Cola Happy Night and Coca-Cola Internet Café and, at the same time learn more about Coca-Cola and its products.The Chinese web site is the latest addition to a number of similar Coca-Cola websites around the world.Sarah Diston

News

NEW ZEALAND: Montana Group Offers Directorship To Lion Nathan CEO

Montana Group today announced that it has asked Gordon Cairns, CEO of the beer company Lion Nathan to become a director of the New Zealand-based wine company.Lion Nathan has close to a 21% stake in Montana and last month said it would pay up to NZ$2.65 a share to take its total stake in Montana to 25%.The wine company also announced the following changes to its board: John Wigglesworth and John Burrowes have retired. Hylton Le Grice has been appointed a director.Chris Brook-Carter

News

INDIA: Chilean wine producers to target Indian market next year

Chilean wine producers will launch into the Indian market next year, according to a Minister from the Chilean Embassy in India."The Chilean wine companies were planning to offer wines in India in April this year," said Nestor Riveros, a commercial minister at the Embassy. "But due to some reason the launch has been deferred to next year."The launch strategy includes joint ventures with Indian wine companies, said Riveros."We have already sent relevant materials to the leading liquor company United Breweries in this regard. We are one of four leading exporters of wine in the world and want to further our position in this sector," he added.Chris Brook-Carter

News

NEW ZEALAND: Supermarkets are driving wine consolidation, says Montana chief Masfen

Supermarkets are forcing the winemakers to consolidate in the same way that the spirits and beer industries have already done, says Montana executive chairman Peter Masfen.A spate of wine company acquisitions in the New World in the last couple of months has sparked interest in what was traditionally a fractured market with no players matching the size of the big beer/spirits conglomerates."Global companies are able to represent a diverse range of wines and types," said Masfen.His comments come in the week that Australian brewer Lion Nathan announced its intention to take another 5% of Montana, New Zealand's biggest wine maker and one of the biggest exports to the UK.Foster's and Southcorp are also understood to be looking at buying a wine company, with Foster's tipped to buy Corbans, possibly as early as next week, for around NZ$100m.But industry sources suggest that the buying spree will not end with New Zealand. Foster's and Southcorp are understood to be looking at acquisitions in the US and South Africa.Rumours also surround Diageo which may be looking to buy wine producers."Big players have the market strength to attract buyers. Grocery stores are becoming an increasingly significant outlet for wine. The supermarkets tend to be in the hands of big global companies and they like to deal with other big companies."David Robertson

News

UK: Hoegaarden opts for champagne lifestyle

Hoegaarden, the white beer owned by Interbrew, has launched an alternative 75cl bottle and the brand will be backed by a £1.8m marketing support package this year. The bottle, topped off with a "Champagne style" cork, is an attempt by the company to match the beer more closely with food. Hoegaarden's brand manger Stuart Ibberson said: "Hoegaarden goes very well with food. Research into Hoegaarden's taste and consumer appeal by Interbrew UK has shown that the drink's ingredients, in particular its wheat, coriander seeds and orange peel, give it many flavour attributes normally associated with wine. So putting Hoegaarden in a lager format, which is ideal for sharing and drinking with food, an obvious conclusion." The sparkling wine-style bottle has already gained off-trade listings with Tesco at £2.99 a bottle and at Majestic Wine Warehouse by the case. Booths Supermarkets and the beer-specialist restaurants Bierodrome, in London, will stock the product by mid-August.Chris Brook-Carter