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Home » Topics » Beverage News

Beverage News
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Kraft Foods reports Q2 results

Beverage sales flat during quarter
July 31, 2014

Kraft Foods Group Inc., Northfield, Ill., reported a 0.7 percent increase in net revenue to $4.7 billion for the second quarter of 2014, which ended June 28, compared with the prior-year period.


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Boston Beer Co. Q2 net revenue up 28 percent

Craft brewer plans to expand Freshest Beer Program by end of year
July 31, 2014

The Boston Beer Co. Inc., Boston, reported a net revenue increase of 28 percent to $231.6 million in the second quarter of 2014, up $50.3 million from the prior-year period.


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Jamba, Inventure Foods invite consumers to pick next at-home Fusion smoothie recipe

Jamba Blue Fusion, Red Fusion smoothies now available at retailers nationwide
July 30, 2014

Inventure Foods Inc., Phoenix, a marketer and manufacturer of specialty food brands under a variety of company-owned and licensed brand names, announced a consumer-facing campaign to invite fans to vote for the next Jamba At Home smoothie recipe. The Jamba brand is owned by Jamba Juice Co., Emeryville Calif.


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ISBT endorses Beverage Cooler Lounge at Pack Expo 2014

Tradeshow set for Nov. 2-5 at Chicago’s McCormick Place
July 29, 2014

The Packaging Machinery Manufacturers Institute (PMMI), the Reston, Va.-based owner and producer of the Pack Expo family of tradeshows, announced that the International Society of Beverage Technologists (ISBT), Dallas, will endorse and staff The Beverage Cooler Lounge at Pack Expo International 2014, which will take place Nov. 2-5 at Chicago’s McCormick Place.


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Mello Yello launches ‘Hand Picked and Refreshed’ antiquing contest

History’s “American Pickers,” Mello Yello give aspiring collectors opportunity to win Ultimate Pickin’ Experience
July 29, 2014

This summer, Mello Yello, a brand of Atlanta-based The Coca-Cola Co., is partnering with History’s “American Pickers” TV show in its hunt for handpicked antiques and collectibles and encouraging amateur pickers across the nation to share their own finds.


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Craft beer sales surge 110 percent, Mintel reports

Market research firm estimates beer segment to reach $20 billion in 2014
July 28, 2014

New research from Chicago-based Mintel suggests that while craft beer drinkers might enjoy the big, bold flavors of their favorite artisanal brews, they also place a premium on what the beer says about them. For the 25-34 age group, which represents the segment's heaviest consumers, 70 percent say that the brand of beer says a lot about a person, and 66 percent say the style does the same. This strong sense of self has manifested itself in record sales for the craft beer industry, as Mintel estimates sales of craft beer — including craft-style offerings — will reach $20 billion in 2014, more than doubling sales of five years ago.


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Premiumization trend drives distilled spirits dollar sales

Consumers are drinking less but better, Beverage Information & Insights Group reports
July 28, 2014

As the economy continues to expand, premium and super-premium distilled spirits are coming back stronger than ever, according to the Beverage Information & Insights Group’s “2014 Liquor Handbook.” The Norwalk, Conn.-based company reports that this premiumization trend means that consumers are drinking less but drinking “better,” which resulted in slower case sales growth of 2.2 percent, reaching 210 million 9-liter cases in 2013.


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TY KU, former Svedka Vodka CEO partner to launch Davos Brands

New company will own, partner with wine and spirits brands on sales, marketing programs
July 28, 2014

New York-based TY KU Sake & Spirits created a new importing and marketing group, Davos Brands, under the direction of Founder and former Chief Executive Officer of Svedka Vodka Guillaume Cuvelier, who will serve as the new company’s vice chairman.


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Lassonde Industries completes acquisition of Apple & Eve

Transaction totaled nearly $148 million instead of anticipated $150 million
July 28, 2014

Lassonde Industries Inc., a manufacturer and marketer of fruit juices and juice drinks based in Rougemont, Quebec, completed its previously announced acquisition of Apple & Eve LLC, Port Washington, N.Y., for a total cash consideration of $147.9 million.


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Waiakea Water releases inaugural commercial

Bottled water brand celebrates second anniversary
July 25, 2014

In celebration of its second anniversary, Waiakea Water has released its inaugural commercial. The roughly 1-minute commercial offers an informational approach about the brand’s natural filtration process through an active volcano.


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