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Home » Topics » Beverage News

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PepsiCo reports 2016 Q2 fiscal results

Net revenue declines 3.3 percent
August 15, 2016
PepsiCo Inc., Purchase, N.Y., reported results for the second quarter of its 2016 fiscal year.
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Southern Glazer's completes merger

Distribution company runs operations in 44 states, District of Columbia, Carribean, Canada
August 15, 2016
Miami-based Southern Glazer's Wine and Spirits, LLC announced the completion of the business combination between Southern Wine & Spirits of America Inc., Miami, and Glazer's Inc., Dallas, forming Southern Glazer's. Southern and Glazer's announced Jan. 11 the signing of a definitive agreement to combine their businesses, the company says.
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MillerCoors releases 2016 Sustainability Report

Report reviews company's 2015 sustainability efforts
August 15, 2016
Chicago-based MillerCoors, the joint-venture between London-based SAB Miller plc and Denver-based Molson Coors Brewing Co., released its 2016 Sustainability Report, providing a comprehensive review of the company's 2015 efforts in the areas of alcohol responsibility, environmental stewardship and community investment.
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Alliance Beverage Distributing becomes Breakthru Beverage Arizona

Company joins Breakthru Beverage as 14th state
August 15, 2016
New York-based Breakthru Beverage Group has acquired full ownership of Alliance Beverage Distributing Co. Alliance now will operate as Breakthru Beverage Arizona, joining the national distributor as the 14th state of the company’s U.S. operations, it says.
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Danone to acquire WhiteWave Foods

Danone to acquire for a value of $12.5 billon
August 15, 2016
Danone, Paris, and The WhiteWave Foods Co., Denver, have entered into a definitive merger agreement under which Danone will acquire WhiteWave for $56.25 a share in an all-cash transaction, representing a total value of approximately $12.5 billion, including debt and certain other WhiteWave liabilities, the companies say.
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Jason-Stephen Winery to relocate

Tasting room moving to Gilroy, Calif
August 15, 2016
Local vintners Jason and Janu Goelz of Silicon Valley’s Jason-Stephens Winery announced relocation plans for their tasting room and production facility from its current site on Watsonville Road to their new “The Stomping Ground” development, off Highway 101 in Gilroy.
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Castle Brands releases 2017 Q1 results

Net sales up more than 1 percent
August 10, 2016

Castle Brands Inc., New York, reported financial results for the first quarter of its 2017 fiscal calendar, which ended June 30, 2016. Among the highlights were that net sales increased 1.4 percent to $16.8 million for the first quarter of fiscal 2017. 


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Citracado IPA

Stone Brewing celebrates 20th anniversary with new brew

Company launches commemorative four-pack
August 9, 2016

Stone Brewing Co., Escondido, Calif., announced that it is commemorating its 20th anniversary by crafting a new celebratory double IPA: Stone 20th Anniversary Citracado IPA, brewed with avocado flower honey and Citra hops, the company says. Beginning this week, the craft beer company will release the new IPA in 22-ounce bottles and on-draft to retailers nationwide where Stone Beers are sold, it says. 


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Freedonia Group estimates cup, lid demand to increase 3.9% a year

Demand helped by specialty beverage proliftation in foodservice
August 9, 2016

Demand for cups and lids in the United States are projected to expand 3.9 percent a year to $10.6 billion in 2020, according to a new study from The Freedonia Group, Cleveland. Gains will be supported by food trends that favor convenience and smaller portions, the market research firm details in its “Cups & Lids” report. 


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Sobe En Fuego and Midnight Mojito

Sobe launches two new flavors

Enhanced-water brand celebrates 21st birthday with #SOBENotSorry campaign
August 8, 2016

Sobe, a brand of Purchase, N.Y.-based PepsiCo Inc., is turning 21 this year and launched the #SOBENotSorry campaign as part of its celebration. The brand also released two new flavors: Midnight Mojito (Blackberry Mojito) and En Fuego (Spicy Limeade). 


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