Coors Light, Miller Lite combine to deliver flat sales to retail volume
August 2, 2016
London-based SABMiller plc and Molson Coors Brewing Co., Denver, reported that its joint venture MillerCoors experienced a second quarter underlying net income decline of 3.8 percent to $468.8 million versus the same period in the prior year.
Just in time for National Root Beer Float Day (Aug. 6) Small Town Brewery, Wauconda, Ill., and Graeter's Ice Cream, Cincinnati, have teamed up to create the ultimate "adult" float featuring the brewer's Not Your Father's Root Beer and Graeter's craft ice creams.
Atlanta-based The Coca-Cola Co. reported its second quarter 2016 operating results. Reported net revenue declined 5 percent, while organic revenue grew 3 percent, according to the company. Global volume year-to-date grew 1 percent and was even for the quarter, it added. The company also gained global value share in the non-alcohol ready-to-drink beverage market, it says.
Leuven, Belgium-based Anheuser-Busch InBev (AB InBev) released a statement announcing that it has revised the final terms of its offer to acquire the entire issued, and to-be issued, share capital of SABMiller plc, London.
Delicato wines to be available in China, Hong Kong and Macau
July 26, 2016
Delicato Family Vineyards, Napa, Calif., announced a new partnership with ASC Fine Wines, a distributor of imported wines in Mainland China, Hong Kong and Macau. ASC Fine Wines will have exclusive distribution rights to a select portfolio of Delicato brands, including Gnarly Head, Delicato Family Vineyards and Irony, the company says.
Company plans to introduce more organic food and beverage products later on
July 25, 2016
This fall, San Clemente, Calif.-based Villager Goods coconut water will launch an athlete-owned startup company dedicated to inspiring the world's youth to live healthy positive lives in harmony with nature, it says.
Appointments to take effect upon MillerCoors acquisition
July 25, 2016
Molson Coors Brewing Co., Denver, announced that it has made a number of new leadership appointments that will take effect upon the close of its acquisition of Chicago-based MillerCoors, which is expected before the end of the year, it says.
Caribou Premium Iced Coffee captures title with more than 50 percent of vote
July 19, 2016
Summer is in full swing and consumers are looking to cool off with some refreshing beverages. However, they still need that morning pick-me-up. To satisfy both need states, iced coffee releases continue to light up the shelves, and the readers of Beverage Industry agree.