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.
BluePrint, a brand of New Hyde Park, N.Y.-based Hain Celestial Group, announced the launch of a new line of certified USDA organic kombucha drinks. Currently, the line is available at Whole Foods Market and local retailers in the New York Tri-State area and will be in Whole Foods Market Midwest- area stores starting in September. Additionally, starting Aug. 25, BluePrint Kombucha Drinks will be available in Sprouts Farmers Market locations, it adds.
Fine Wine Agency, @daddyissues_ partner for Fun Wine Co brand
July 19, 2016
Comedian and Internet personalityViolet Benson, known by her followers as @daddyissues_, has co-founded a new line of wine with Anthony Allport, chief executive officer of Fine Wine Agency, New York. Fun Wine Co is available online at funwine.com and at 40 retailers in New York, the company says.